Category Archives: Cash Accounting

Cash Is King…Sort Of

This is a article written by Matt Garrett

We have all heard that statement, and it is true…sort of.

In a business, you cannot do anything without cash, well at least not for very long. However, the truth is ...
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Using the Matching Principle

In the conceptual framework for financial reporting there are three levels of financial accounting: 1.) objectives 2.) fundamental concepts and 3.) recognition and measurements. This blog will focus on the third level, specifically the matching principle under the basic principles ...
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