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Accounting Advisory Director

The advisory accountant also provided guidance on tax-efficient withdrawal strategies and optimized Social Security claiming strategies. Advisory accountants serve as trusted advisors to businesses, organizations, and individuals, helping them make informed decisions...

What are Receivables and Their Types in Accounting?

This lowers the company’s cash conversion time, or how long it takes to turn capital assets, such as inventory, into capital for operations. With asset sales, the financier takes over the accounts receivable invoices and takes responsibility for collections. In...

Is standard costing allowable in GAAP and IFRS?

While each financial reporting framework aims to provide uniform procedures and principles to accountants, there are notable differences between them. This principle requires accountants to use the same reporting method procedures across all the financial statements...