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An accountant has many responsibilities, but these depend on who hires them and under what conditions. Accountants can be employed by large scale firms or individual clients who want their financial ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting is the process of keeping track of all financial ...

What clients value and what accountants think they value are rarely the same thing, and Joe Woodard makes the case that it's accountants who need to change their ideas around value, not clients.

Laura is a freelance writer specializing in small business, ecommerce and lifestyle content. As a small business owner, she is passionate about supporting other entrepreneurs and sharing information ...

An accountant’s role is typically more narrow than that of a financial advisor. Accountants help track and organize financial transactions and often help prepare annual tax filings. Oftentimes, ...

Grace Cartin, Partner at Deloitte in Belfast, outlines what businesses need to know about changes to the UK accounting standard FRS 102. When it first issued FRSs 100-105, the FRC committed to regular ...

Many individuals and businesses are unable to file tax returns without outside assistance. When a person or business uses an accountant for help in filing tax returns, a reasonable expectation proper ...

A prepaid asset is an expenditure of money in advance of when the money is due. For example, you might pay up front for a year's rent or insurance, even though the payments are due monthly. Under ...