One of the great mysteries of financial statements specifically, and accounting in general is the Balance Sheet. To clear up some of the mysteries surrounding the Balance Sheet, I’m dedicating this edition to the operating statement. Enjoy! I’m confused… Read More ›
Now that I’ve divulged my secret struggle with shoelaces I feel the need to share more about my inner-most feelings. With that said here is another confession: I hate it when people buy me lunch. Actually, it’s not just lunch,… Read More ›
Every accountant has to deal with debits and credits; after all, they are the life-blood of the accounting system. But what happens when we don’t know what account to credit? Or what if we don’t know if it should be… Read More ›
It’s been a while since I’ve written a post in this series; not because I don’t enjoy writing them, it’s just that there aren’t a whole lot of great moments in the history of accounting. As you can imagine, then, I… Read More ›
This edition of “Ask the Accountant” is special, and here’s why: instead of talking about accounting I’ve decided to reply to some of the more interesting spam comments that I’ve received. For those of you unfamiliar with what spam comments… Read More ›
For many accountants the big question after getting their accounting degree is; why didn’t I choose a different major? Additionally, they may wonder whether they should go into public or private accounting upon graduating from college. This, coincidentally, is the subject of this… Read More ›
Now that the tax deadline has passed I would like to offer a few helpful tax tips in a Q & A format. Bear in mind that these questions were submitted to me from absolutely no one and, therefore, I have… Read More ›
The 50th post. Quite an accomplishment don’t you think? I’m not referring to me of course, but instead you, my faithful readers. I’m impressed by the fact that you have read the 49 previous posts and continue to come back… Read More ›
As most of you have heard by now America’s favorite governmental agency, the IRS, has been under attack for questionable conduct and expenditures. The gist of the controversy is that the IRS delayed reviewing/approving Tea Party and other conservative groups’ applications for tax-exempt status… Read More ›
As accountants we often get overlooked as integral parts in the business machine. In fact, the only time an accountant makes the news is when they get a little too creative with their accounting or get a little overzealous with… Read More ›
