Mar 10, 2015 | Bookkeeping, Financial Statements, General Ledger
While you should also look to self-audit, it is good business practice to bring in an external auditor. The government requires a number of businesses to hire an external auditor to look at their books and financial statements. However, you should hire an external...
Mar 10, 2015 | Bookkeeping, General Ledger
Every organization has a general ledger that lists your accounts and the balance of every account. In this instance, account refers to the different types of financial components a business can have, which includes assets, liabilities, revenues, expenses, and...
