Accrual Vs. Cash Method Of Accounting

Accrual Vs. Cash Method Of Accounting

As a business grows and prospers, the need for a reliable recording and understanding of their daily transaction becomes more evident. Moreover, the necessity of hiring a professional accountant to apply the fundamental principles of accounting can no longer be...
How Can I Apply Accounting In My Personal Life

How Can I Apply Accounting In My Personal Life

Accounting is one of the fundamental activities of any business. Without it, a company would be similar to a blind person driving a high-speed car. They may know how to do business, but they would be blind to important signals that Accounting can give them. Tax...
IFRS 9: The Price Of The 2008 Housing Bubble

IFRS 9: The Price Of The 2008 Housing Bubble

After the enormous housing bubble in 2008, the financial sector has never been more paranoid in every decision and guidelines they make. Hence, when the accounting industry created the latest and one of the most significant restructurings in the past few decades, many...
Will AI Soon Replace Accountants?

Will AI Soon Replace Accountants?

AI or artificial intelligence has been a growing study in the past few years. Although we won’t be having any terminators walking around soon, the advancements scientists have recently been making are enough to make a lot of employees worry. Unsurprisingly,...