On the other side, you have established accounting firms that have developed a strong practice area in technology and fintech. These firms bring the weight of broad industry experience and a deep understanding of core accounting principles, applying them to the tech world. They are skilled at helpin...

Second, Do ASC’s acquisition professionals believe their contractors are setting and maintaining cost objectives? GovCon in a Box helps you find opportunities, research competitors, and build a winning capture strategy. The approach aims to prevent cost growth by making cost a primary design d...

FICA and federal income tax are not the same. The Federal Insurance Contribution Act (FICA) includes the combined taxes collected to help fund Social Security and Medicare programs.‍ Social Security and Medicare taxes will still come out of their checks, though. Employees do not pay this tax ...

These financial architects share common objectives whil… Explore four key benefits and get inspired to continue learning throughout your college, career, and life journey. Discover why lifelong learning is essential for your personal growth, career advancement, and overall well-being. The Universi...

How do I know if my accounting method is cash or accrual? Accrual and deferral accounting are essential concepts for accurate financial reporting. This method is commonly used for prepaid expenses and unearned revenue. Under accrual accounting, transactions are recorded based on the date they occur,...

However, a lack of accounting experience and knowledge can be a hindrance, especially for startups that must be agile and primed for rapid growth. ‍If you’re seeking funding, clean and accurate financial records are a must. Investors want transparency and a clear understanding of how th...