Is it necessary to perform a reconciliation every few days?
Performing frequent reconciliations, such as every few days, can be a prudent practice, particularly in environments where[…]
‘Starting an accounting program at university this fall. Any advice?’
Embarking on an Accounting program at university is an exciting step towards a rewarding career. Here are[…]
What strategies are you all using to discover new job opportunities?
There are several effective strategies you can use to find new jobs: Networking: Often, personal connections can[…]
When processing a cheque, do you record the transaction in the Cash account or the Bank account?
When dealing with cheques, the appropriate account to use depends on whether you are sending or receiving[…]
How challenging is it to transition from SEC reporting to a purely General Ledger role?
Transitioning from SEC reporting to a strictly General Ledger (GL) role can present some challenges, but it[…]
What method or service do you use to perform credit checks on new customers before offering them credit terms?
When evaluating new customers for credit terms, businesses commonly rely on credit reporting agencies or third-party credit[…]
What are the reasons preventing Excel from being more streamlined?
Excel is an incredibly powerful tool that has evolved over decades to meet the needs of a[…]
“Do I need to accrue deferred payment?”
When you have a deferred payment, it means you’ve agreed to pay at a later date for[…]
“How much sleep do tax professionals typically get during busy season?”
During the busy season, which typically spans from January through April in the Accounting industry, tax professionals[…]
“Could my GPA be considered insufficient? I really need assistance.”
Determining whether a GPA is too low depends on several factors, such as your academic and career[…]