Whether your clients run payroll themselves or need help from the pros, find efficient solutions to help get the job done accurately. Select the accounting product your client uses below to reveal compatible payroll options. A manual payroll system is...

The fieldwork may carry out legal risks if internal auditing checklists are employed instead asking to a forensic accountant and may result serious consultant malpractice risks. There are several avenues for the improvement of forensic accounting education and profession. First,...

The company has also incurred $500 in repair and maintenance costs for its tools, but it hasn’t yet decided whether to capitalise or expense this amount. Generally, a company will set “capitalization thresholds.” Any cash outlay over that amount will...

The columnar pad is a great tool for businesses that are looking to improve their data tracking abilities. It allows the accountant to enter information manually before moving to software, such as Microsoft Excel, leaving little room for mathematical errors...

The formula above shows that the mixed cost has both components, which need to be added together to arrive at the total figure of the mixed costs. Mixed Costs can simply be defined as costs that include both fixed and...