Going Concern Accounting and Auditing

This term also refers to a company’s ability to make enough money to stay afloat or to avoid bankruptcy. If a business is not a going concern, it means it’s gone bankrupt and its assets were liquidated. As an example, many dot-coms are no longer going...

Chart Of Accounts: Definition, Types And How it Works

Finance Strategists has an advertising relationship with some of the companies included on this website. We may earn a commission when you click on a link or make a purchase through the links on our site. The Chart of Accounts should be reviewed at least once a year...

Software outsourcing to India: Benefits, cons, top companies

Now that you know the benefits of outsourcing software development to India, let’s look into its challenges. In this post, we’ll talk about the pros and cons of SEO, customer service, software outsourcing to India, and more. We’ll also look into how businesses...

Software outsourcing to India: Benefits, cons, top companies

Now that you know the benefits of outsourcing software development to India, let’s look into its challenges. In this post, we’ll talk about the pros and cons of SEO, customer service, software outsourcing to India, and more. We’ll also look into how businesses...

QuickBooks Online Pricing And Plans 2024 Guide

We’ve got you covered with a breakdown of the four QuickBooks Online (QBO) plans. Learn how to know which plan is right for you and what additional costs to expect before subscribing to QuickBooks Online. Join the thousands of people like you already growing their...

What is a Suspense Account in Accounting? Definition and Examples

Without suspense accounts, the risk of inaccuracies or omissions in financial statements would be significantly higher, potentially leading to adverse consequences for businesses and stakeholders. Suspense accounts in a company’s general ledger typically contain...