General Accepted Accounting Principles

Irene L. Joffman

The differences of financial accounting and managerial accounting are very prevalent. Some of these differences include precision, mandatory external reports and emphasizing financial consequences of past activities. These characteristics are describing financial accounting. Financial accounting is a way of measuring economic performance. This type of accounting summarizes data to prepare […]

How to Find a Good Tax Accountant for Your Tax Return

Irene L. Joffman

Unless you know a lot about accounting yourself, it is very likely that your company accounts are prepared by either an internal accounts department or an outside professional. For small and medium enterprises, the latter option can be more appealing because employing a permanent, dedicated tax accountant is more expensive […]

Accounting 101 – An Introduction to the Field

Irene L. Joffman

Accounting is one of the most important internal aspects to any business that is to be financially successful in today’s market. It is the process of documenting all relevant economic information about a firm and communicating that information to key players. Managers and Executives need accounting information to make decisions […]

Agriculture in the Qing Dynasty

Irene L. Joffman

Emperor Kangxi rewarded those who reclaimed wastelands, provided large sums of money for water conservancy projects and reduced the land taxation during his 60-year’s reign, which greatly stimulated the recovery and development in agriculture of the Qing dynasty (1644-1911). Emperor Yongzheng followed his father’ (Emperor Kangxi) footsteps and continued to […]

Benefit of Outsource Payroll Services

Irene L. Joffman

Normally, business companies outsourcing their payroll function to decrease working cost and improve productivity. Businesses can focus on core business activities with more time on hand. Why outsourcing the Payroll processing services? When you just start your business, everything looks like very simple. You focus only on the core business […]

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