Topic: Financial Accounting

Difference Between IFRS and US GAAP

The International Financial Reporting Standards (IFRS), and US Generally Accepted Accounting Principles (GAAP), are the two most widely used accounting standards in the world. IFRS standards are set forth by International Accounting Standards Board (IASB), and GAAP...

Become a Certified QuickBooks Consultant (CQC)

The Certified QuickBooks® Consultant© (CQC) is a popular certification exam for QuickBooks Consultants. The certification is provided and administered by Poulos Accounting and Consulting Inc. You can become a Certified QuickBooks® Consultant© by taking the exam at...

Cost Accounting

To understand if a product is truly profitable all costs have to be accounted for. Every cost accounted for shows if a profit is made in that product line. More often than not, companies look at making profit through volume sales. This is a fallacy. If a detailed...

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