Has the field of accounting in the United States become obsolete?
No, Accounting in the United States is far from dead; it remains a vital and evolving profession.[…]
Why does reconciliation continue to be a challenge in 2025?
Reconciliation, the process of ensuring that two sets of records agree, remains a complex task even in[…]
What methods does PWC use to monitor office attendance?
PricewaterhouseCoopers (PWC) employs several strategies to monitor office attendance, leveraging both technology and management practices. Primarily, they[…]
Is it advisable to liquidate my Roth IRA for business startup capital?
Deciding whether to use your Roth IRA to fund a business startup requires careful consideration of both[…]
Have you ever dealt with a total catastrophe? How did you manage to resolve it, and how severe was the situation?
Dealing with a complete catastrophe is never easy, but it’s a situation I’ve faced multiple times, especially[…]
How can one effectively enhance their basic understanding of accounting principles?
To effectively enhance your foundational understanding of Accounting principles, consider the following strategies: Enroll in Introductory Courses:[…]
Are GST collected and receivable considered the same, and is GST paid the same as payable?
In Accounting, GST (Goods and Services Tax) collected and GST receivable refer to different aspects of a[…]
Are you seriously leaving during the peak season?
Deciding to resign during an intense period at the company was not an easy choice for me.[…]
Can you envision this, auditors?
Certainly, in the context of financial review and oversight, considering imaginative scenarios is a vital exercise for[…]
Are there any Revenue Agents, particularly from the SBSE division, who are open to sharing snippets of their resumes?
It’s not uncommon for individuals looking to enter or advance in specialized divisions like SBSE (Small Business/Self-Employed)[…]