Bookkeeping

Becoming Certified as a Restaurant Accountant: Everything You Need to Know

The National Restaurant Association estimates that last year U.S. consumers spent $997 billion at restaurants, including dining out, takeout, and delivery services. Today, there are nearly 750,000 businesses in the food service industry. Keeping on top of your bookkeeping is worth far more than avoiding tax season headaches. With diligent financial practices, the right expertise, […]

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Accounting Explained With Brief History and Modern Job Requirements

The primary responsibility for the prevention and detection of fraud and errors rests with the entity’s management. Acts leading to accounting errors are not criminal but may breach civil law, for example, the tort of negligence. An accounting error is an unintentional misstatement or omission in the accounting records, for example misinterpretation of facts, mistakes

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