Accounting

Small Business Accounting

Sep 5th, 2010 | By webucation | Category: Accounting

Daily, thousands of businesses around the world are set-up in the hope that these business would make profit and deliver services to the market. Entrepreneurs get involved in all aspects of the business set-up such as getting a license, registering the business name, promotions, networking, and even hiring employees. Most owners get so excited by [...]



Payroll Accounting

Sep 4th, 2010 | By webucation | Category: Accounting

Payroll Accounting is a type of accounting that mainly focus on recording payroll transactions which every employer should be knowledgeable of. All companies have people that work for them; thus, these people get paid for rendering service to the company. Generally, payroll is defined as the amount of money that employers need to pay their [...]



International Accounting

Sep 3rd, 2010 | By webucation | Category: Accounting

All over the world, different countries vary in their general accounting procedures since each nation has its own financial framework. Although there had been an agreed GAAP – Generally Accepted Accounting Procedures, each country requires a certain type of financial reporting from accountants. Some countries follow GAAP but more developed countries prefer International Accounting standards [...]



Medical Accounting

Sep 2nd, 2010 | By webucation | Category: Accounting

The majority of health professionals today have very little time to get involved with business concerns due to the numerous responsibilities towards patients. However, it cannot be denied that being a doctor or a hospital administrator, there are business skills that must be learned such as medical accounting. Generally, accounting matters such as bills to [...]



Home Accounting

Sep 1st, 2010 | By webucation | Category: Accounting

Everyday millions of families buy food, go shopping, avail of services such (salon, massage, entertainment) , eat out – which can be summarized by one activity: spend money. While it is true that most families have dual breadwinners still there is always shortage of money. Could it be that the income is not enough? Probably [...]



Accounting Software

Aug 31st, 2010 | By webucation | Category: Accounting

Nowadays, companies are busier due to the numerous transactions it has to accomplish in an 8 hour period. Employees, specifically those who process payroll, can be overburdened due to the large volume of salaries that must be computed. Timely submission of payroll costs to the finance department is crucial in releasing the salary in time. [...]



Accounting Trends

Aug 30th, 2010 | By webucation | Category: Accounting

The accounting industry is dynamic even with the occurrence of economic downturns in some parts of the world. This can be said since new businesses are being established everyday requiring the services of an accounting professional. There have been projections for an increased demand for accounting professionals such as bookkeepers, auditors, accountants and tax specialists [...]



Accounting Outsourcing

Aug 29th, 2010 | By webucation | Category: Accounting

There are many accounting services that growing companies need so they can focus on the core competence of their business. A manufacturing company can attend to its operations and administration if they are not burdened by their accounting nitty-gritty. For this reason, it would be beneficial to resort to accounting outsourcing. Accounting outsourcing is a [...]