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Blogs

22 Jan

Posted at 07:29h in Blogs

Accounting is the standard system of recording business transactions. Accounting traditionally involves the three-way process of scooping up all incoming money, counting it, and then allocating it accordingly for things like rental payments, salaries, taxes. The golden rules of accounting are the fundamental practices that most...

18 Jan

Posted at 18:00h in Blogs

Accounting is the business of summarizing and representing the financial information of a company in a comprehensible format. The two main tasks done by accountants are making sure that all transactions have been properly recorded and reported, and analyzing those records to determine a company’s...

14 Jan

Posted at 11:45h in Blogs

Financial planning and analysis is the process of applying professional judgment to financial decisions.  Financial professionals use a number of techniques to evaluate the potential for losses, such as measuring risk, analyzing cash flow and managing diversification. What is Investment analysis? Investment analysis techniques are classified into...

08 Jan

Posted at 11:26h in Blogs

An auditor is an impartial third-party who examines your company’s books of account and records of transactions to provide assurance that your company’s transactions are accurate, the books are balanced, and the financial statements can be prepared in accordance with Generally Accepted Accounting Principles (GAAP). Auditors...

22 Dec

Posted at 07:42h in Blogs

An audit is a review process, in which an outside party examines the financial records of a company or organization. Audits are used to check on and improve an organization's accounting practices, risk management processes, and internal controls over financial reporting. A person conducting an...

17 Dec

Posted at 08:31h in Blogs

Why is accounting for businesses so important? It's a question that begs to be answered. One reason is that it has the power to impact every facet of a company's well-being: shareholders, employees, suppliers, and even customers. Another reason is that complying with regulatory requirements...

16 Dec

Posted at 08:37h in Blogs

An audit is a review of an organization's financial health and adherence to certain criteria. This process may be voluntary or mandatory, and can be performed at various levels, such as local, national, or international. If you're a business owner, no doubt you're aware of...

20 Nov

Posted at 07:31h in Blogs

Film production accountants prepare a testimony or statement of account indicating all expenditure and income for the producer or production organization and the financiers. Production accountants prepare production expenditure claims for the producers who will be contacted to make their claims. Production accountants deal with...

18 Nov

Posted at 17:13h in Blogs

Every film production has to have a film accountant, but what exactly do they do? Find out here! Role of a film production accountant An accountant on a film production is responsible for managing all of the finances for that movie - everything from taxes to budgets...

18 Nov

Posted at 17:09h in Blogs

Accounting vs Auditing is always a debatable topic. According to the U.S. Census Bureau, there are over 15 million people under the age of 65 in America who are employed full-time or part-time in accounting or auditing positions. With so many successful folks working in...

08 Nov

Posted at 11:52h in Blogs

With the ongoing change in how the film and media industry does business, film, and media accountants are more important than ever. The accountants who work in the film and media industry have a wide range of skills from understanding what to do with box...

21 Oct

Posted at 10:27h in Blogs

We all have heard of the term chartered tax advisor who assists you with advice on best strategies to assure you get to maximize your tax refunds. Chartered tax advisors can help you avoid penalties, ensure your payroll is calculated correctly, and maximize your deductions....