Are Accountants Ready For The Future?

Are Accountants Ready For The Future?

Leaders in the accounting profession are adamant that accounting is both art and science. However, it is undeniable that accounting follows many rules and principles that machines can easily replicate. Hence, the obsolescence of accountants and CPAs is a growing...
6 Best Ways On How To Prepare For Retirement

6 Best Ways On How To Prepare For Retirement

If life is a race, retirement would be the retirement of the final lap of our lives. You have to give all your best to make sure that your last lap would be your best one during the whole race. To prepare for your retirement, you have to start early, invest in the...
What Are The Taxes For Small Businesses In The US?

What Are The Taxes For Small Businesses In The US?

There is nothing more consistent in our lives than taxes, and this rule also applies to small businesses. As a small business owner, you need to know which taxes for small businesses apply to you. This knowledge will protect you against getting into trouble with the...
New Measures In Dealing With Casualty Losses

New Measures In Dealing With Casualty Losses

Small businesses, in one way or another, experience some losses during their existence. One of the most common kinds of these losses is casualty loss. Casualty losses are a negative movement in the value of a company due to unexpected, unusual, and sudden events....

Top 5 Common Misconceptions about Accounting

For a lot of people, the idea of accounting is quite vague. Some of us fall for various misconceptions about accounting. One misconception is that it is a profession that only involves the use of math and numbers to balance books and do taxes. However, although...