by truby | Jun 7, 2024 | Bookkeeping
It’s important to review the policy carefully before purchasing to understand the coverage limits, deductibles, and exclusions. Prepaid insurance is also considered an asset because of its redeemable value. Any remaining prepaid portion of the premium could be...
by truby | May 13, 2024 | Bookkeeping
Company XYZ has operating income before taxes of $150,000, and the total interest cost for the firm for the fiscal year was $30,000. You must compute Times Interest Earned Ratio based on the above information. Times Interest Earned Ratio is a solvency ratio that...
by truby | Aug 16, 2023 | Bookkeeping
Emerging technology – including AI-generated deepfakes – threatens to turbocharge this scourge, and the FTC is committed to using all of its tools to detect, deter, and halt impersonation fraud. All rights are reserved, including those for text and data mining, AI...
by truby | May 31, 2023 | Bookkeeping
It is one of the basic assumptions upon which financial statements are prepared, and it helps to ensure that all transactions are recorded accurately and consistently. This means that a schedule of activities will mandate when accruals are to be posted, as well as the...
by truby | Oct 20, 2022 | Bookkeeping
First, you attend some classes offered by Intuit, then you work through the practice materials, and finally you take an exam. Let me start by saying, these are just two of the more popular programs. One of the keys to being a trusted advisor is finding solutions that...
by truby | Sep 23, 2022 | Bookkeeping
Candidates must take a four-part multiple-choice test and agree to follow a code of conduct. Explore programs of your interests with the high-quality standards and flexibility you need to take your career to the next level. Featured or trusted partner programs and all...
