Small business owners take on a range of responsibilities that are handled by specialized departments in larger companies. Accounting is often one of these functions, especially in the startup phase.

The accounting cycle takes accountants through ten distinct steps, each of which depends on information generated in the previous step. The accounting cycle is continually repeated, with the final ...

Evan Tarver has 6+ years of experience in financial analysis and 5+ years as an author, editor, and copywriter. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

Financial tracking is vital to business success because it helps business owners understand and monitor their financial health at all times. Proper financial oversight requires an understanding of the ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper's responsibilities into eight basic steps. Many of these steps can ...