Whether you’re a budding accountant or an industry veteran, you’ll find helpful articles from accounting experts to keep your knowledge sharp. short term investment meanings provide worthwhile information about updated bookkeeping and accounting practices that accounting professionals and small business owners should know. One of the biggest challenges many business owners face is finding quality expert accounting advice and information. Although it’s always best to find and work with a qualified accounting professional, there are a number of free accounting blogs online that can also be extremely helpful.

  • Whether it involves crowdfunding, LLCs, or education, they’ve got something interesting to say.
  • He’s a CPA based in Toronto, Canada, and he shares his blunt, funny and opinionated thoughts on income taxes, finance and the psychology of money on his award–winning blog, The Blunt Bean Counter.
  • The vast majority of content comes from the community itself as well as thought leaders and others looking to influence the profession in some way.
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Going Concern is an all-encompassing blog that focuses on every aspect of the industry. You can learn a lot from it, from new tools and professional development tips to CPA exam instructions. For students, AICPA Insights is a great place to dip your toe in the water and get a feel for the position of a CPA. Seasoned professionals can also benefit from the advice shared on this blog.

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Check these numbers before committing to a bank and a business account. It’s also a good idea to set your fiscal year when you start your business. All accounting entries should be reported during relevant time periods. Instead, accountants must commit to reporting both good and bad performance.

  • Wolters Kluwer BlogAbout – Read the latest information from the world of tax and accounting at The Word, our Wolters Kluwer blog.
  • Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.
  • External factors such as the economy and rapid industry changes create the most disruption.
  • Host Rob Brown interviews a who’s who list of industry experts to find out.
  • This is the primary appeal of this blog, and it serves its purpose beautifully.

There is a TON of information out there and plenty of authors pushing out great content. Additionally, the site reviews account management software, tax preparation tools, practice consulting services, cloud technology integration support, and more. Its articles address a range of topics, from regulations to practice management. From career advice to tutorials on accounting software best practices, this blog is a go-to source for accounting tips, tricks, and guidance. With regular updates from the industry’s top voices, you’ll gain valuable insight into the accounting world. Future Firm’s blog is an insightful online platform for entrepreneurs, business owners, and aspiring innovators in accounting.

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The TOA Global blog is the place to go if you need advice on talent management, remote work, and employee retention. Join over 1 million businesses scanning receipts, creating expense reports, and reclaiming multiple hours every week—with Shoeboxed. The design of this platform makes it perfect for students who are still learning the ins and outs of the accounting profession.

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While some of these terms might not apply to your business right now, it’s important to develop a holistic understanding of the subject in case you expand or move into another type of business. Here are the documents and calculations we recommend picking up, even if you work with a professional, consulting agency, or have hired a certified public accountant (CPA). They provide valuable snapshots and measures of your business performance. Regardless of how you manage your business accounting, it’s wise to understand accounting basics.

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Websites, blogs, journals, trade magazines, and social media are some of the ways to stay tuned to new developments in this field. Ultimately, state and territory boards of accountancy regulate accounting firm licensure processes. Firms can take certain steps to meet the requirements across multiple jurisdictions, especially if these firms operate in several states. The following resources play a significant role in the firm licensing process. Even if you opt to use accounting software or hire a professional, use the tips we’ve reviewed in this guide to understand accounting basics.

Baker Tilly US, LLP offers a wide range of services including audit and assurance, tax, risk, and performance advisory, among others. It serves a diverse client base across various industries, such as construction, financial services, healthcare, manufacturing, and public sector. RSM specializes in serving mid-sized businesses in industries such as financial services, government, healthcare, consumer products, manufacturing, real estate, and technology, among others.

Ecommerce platforms like Shopify, BigCommerce, and WooCommerce often provide built-in payment gateways. These are always the easiest to adopt as they’re already integrated with your website. Collecting money in person (at a storefront, marketplace, etc.) can get pricey. Between equipment, credit card fees, and handling physical cash, it can be a hassle. Thankfully, Square and PayPal make it easy to accept card payments using your smartphone or tablet.

Whether you’re an established accounting professional or just getting started, your information workflow will always be a work in progress. However, you might just give yourself an edge and fast-track your professional growth with these tips to staying connected. Accounting Today
As a trade magazine, Accounting Today has served the accounting industry for over 30 years. It has also grown into a resource hub that includes a podcast and range of newsletters. Full access requires a paid subscription, but you can create a free account to view most articles.