Category Archives: Accrual Accounting

Cash vs Accrual Accounting

Cash vs Accrual Accounting

Cash accounting and accrual accounting are two concepts that are foreign to most people, but it’s important to understand the difference. As a business owner, if you manage your books on a cash basis, you will ultimately fool yourself. Why ...
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My 5 Favorite Beliefs About Accounting

I recently sat down in a meeting were we discussed the “TGG Way™” and our 20 beliefs about accounting. I know what you are thinking, stimulating stuff. However there are things that every accountant knows or learns over time, and ...
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