Finance, economics, and accounting are usually considered something that falls under the same category. However, the difficulty of students to differentiate these subjects and go for one major is actually a hustle. A student of these subjects can only understand the difference between difficulty levels, skills, and orientation. Although both subjects are related to money, […]
Is Finance Harder Than Economics? Read More »
Pursuing a specific education field or career is usually a matter of personal interest in case of most individuals. But other factors, market dynamics, and scope of the subject should also be given weightage when choosing the subject for pursuing a university degree. If you’re choosing a subject that is very close to your personality
Accounting or Computer Science, Which One Should I Study? Read More »
Science, art, and business are the three broad categories of the subjects when it comes to the students passing out of high school. Students often choose one subject from the three categories to pursue in further studies and careers. A lot of students come with clarity of mind about which subject they want to go
Is Accounting Harder Than Engineering? (Things That Should Be Factored) Read More »
There is no doubt that any individual should and must pursue an education or career according to personal interest. However, another aspect that must be considered before choosing a subject or field to pursue education in is competitiveness and scope. If you’re choosing a subject that is very close to your personality and choice but
Accounting Vs. Marketing: Which One Should I Study? Read More »
Every student has different expectations from a degree or school that can’t be all good or bad. Choosing a subject for pursuing a university/college degree is indeed a very crucial stage in the life of every student. It’s the deciding moment that will define the future orientation of the student and his career. Personal interest,
Accounting Or Human Resources: Which One Should I Study? Read More »
There are certain expectations and standards for students when they are choosing a career path and degree after high school. Many people and career guidance experts suggest going with your passion and pursuing a field that fits your interests. However, on the other side, many people exist who suggests going for a degree or career
Is Accounting Harder Than Nursing? Read More »
Many times businesses have to make small expenses instantaneously, and prior requisition is not possible. Similarly, a business can’t vouch and account for every small expense like a cup of coffee, taxi fare, smaller office supplies, etc. Whatever the case, such expenses are unavoidable and have to be incurred. Therefore, most businesses maintain a small
When Should The Petty Cash Fund Be Reimbursed? Read More »
Every business has to prepare different financial statements, being a statement of profit and loss, a balance sheet, and a cash flow statement as the most significant ones. The expenses incurred, revenues earned, payables, receivables, and other items are recorded and presented in meaningful information by the financial statements. Different accounting standards, tax reporting, and
What Is Deferred Tax Expense? (Explained) Read More »
Cash transactions are one of the most common activities within any company. Usually, these involve paying various parties or receiving cash from them. However, most companies have transferred these transactions to their banks. This way, they have automated the system or made it smoother. However, companies still need cash at hand to handle various transactions.
How Do You Record the Journal Entry for Petty Cash? Read More »
The accounting field has progressed significantly over the past. The introduction of standardized bodies and procedures has helped this field go global. On top of that, using technology in this area has also enhanced its reach greatly. Digital technology has played a vital role in helping the field progress even further. It contributed to more
How Can Blockchain be Used in Accounting? Read More »