The Afternoon Power Hour is the time of day when traders can take advantage of quick trades and scalp trades. It’s a period that comes after the morning trading activity slows down, typically between 3 pm to 4 pm Eastern Standard Time. During this time, professional traders are often most active in executing trades based …
Not only could such errors land you in hot water with the IRS, but they could also contribute to bad business decisions that impact your financial future. If you are considering outsourcing your finance and accounting function and whether it’s the right move for your company, there are several key factors to consider. If you …
The complete guide to finance and accounting outsourcing services Read More »
It only records cash after transactions are completed and it cannot be used to record long-term liabilities, expenses, and inventory. As such, cash basis accounting doesn’t inform us about unpaid invoices and expenses. Specifically, it focuses on when money is received, or expenses get paid, which may not occur exactly when these items are accrued. …
Cash-Basis vs Accrual Accounting Definition, Pros and Cons Read More »
