Tag Archives: Accounting

For many, the world of accounting can seem like a complex maze of numbers and jargon, but at its core, it’s simply the language of business. Understanding fundamental accounting principles is crucial for anyone, whether you’re managing a small shop, aspiring to be a financial professional, or simply want to …

Teachers of Principles of Accounts often encounter a significant hurdle: students struggling to grasp the essence of source documents and worded problems. This difficulty is particularly concerning because the ability to interpret and analyse such information forms the very bedrock of understanding business transactions and, consequently, the principles of accounting. …

Let’s break down what an “account” means in business and accounting. Imagine a company has many different things it owns, and different things it owes to others. To keep track of all of these, we use “accounts”. An account is like a special page or folder in a book (called …

Tired of the same old routine? Want to do something meaningful with your extra time? Why not turn your accounting knowledge into a lucrative side hustle? Teaching bookkeeping is a fantastic way to earn extra cash, share your expertise, and make a positive impact. What is bookkeeping? Bookkeeping is the …

Are you detail-oriented and have a knack for numbers? A bookkeeper job could be your ideal fit. This role is crucial to the financial health of businesses, requiring accurate recording and management of financial transactions. To embark on this fulfilling career path, understanding the specific job requirements is essential. First, …