Little Known GAAP Facts: Uncovering the Nuances of Generally Accepted Accounting Principles
If you own a business, you’re likely familiar with GAAP in a broad sense. Officially called the Generally Accepted Accounting Principles, GAAP aims to ensure consistency, comparability, and transparency in financial documents across different entities. However, many business owners and even financial professionals may not know some of the lesser-known facts about GAAP. 1. GAAP […]
Benefits of Having a CPA (Part 2)
Las Vegas Accountants for Business Read the 1st part of the benefits of having a CPA here Owning a business can be stressful. There are numerous tasks to juggle: orders to fulfill, employees to manage and a seemingly unending mountain of paperwork. It’s difficult to do it all yourself and as a small business owner, […]
