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The Concept of Independence in Accounting

The Concept of Independence in Accounting

by Mary Philipps | Feb 2, 2021 | Bookkeeping, Small Business, Taxes

Independence is a key concept in accounting, especially in the assurance or auditing area of accounting. Assurance services are services where a licensed CPA reviews an organization’s financial statements and accounting records and provides an opinion about them. This...

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    Happy Earth Day everyone! We love doing our part b Happy Earth Day everyone! We love doing our part by being completely cloud-based and limiting our paper waste. What is your business doing today that helps the earth? . . . . . . #soleproprietor #virtualaccountant #virtualbookkeeping #virtualcfo #smallbusiness #bookkeeping #businessowner #quickbooks #quickbooksproadvisor #businesswoman #femaleentrepreneur
    Happy Earth Day everyone! We love doing our part b Happy Earth Day everyone! We love doing our part by being completely cloud-based and limiting our paper waste. What is your business doing today that helps the earth? . . . . . . #soleproprietor #virtualaccountant #virtualbookkeeping #virtualcfo #smallbusiness #bookkeeping #businessowner #quickbooks #quickbooksproadvisor #businesswoman #femaleentrepreneur
    Did you file your tax return already and are worri Did you file your tax return already and are worried about the changes announced in regards to unemployment? IRS is recommending returns filed with unemployment benefits prior to the $10,200 exclusion should not be amended. The IRS will refigure taxes on these returns and adjust your account accordingly. The IRS will then send any refund amount directly to you the taxpayer. Have more questions, contact us today! #virtualbookkeeping #virtualcfo #smallbusiness #bookkeeping #businessowner #quickbooks #quickbooksproadvisor #businesswoman #femaleentrepreneur #entrepreneur #smallbiz
    Did you file your tax return already and are worri Did you file your tax return already and are worried about the changes announced in regards to unemployment? IRS is recommending returns filed with unemployment benefits prior to the $10,200 exclusion should not be amended. The IRS will refigure taxes on these returns and adjust your account accordingly. The IRS will then send any refund amount directly to you the taxpayer. Have more questions, contact us today! #virtualbookkeeping #virtualcfo #smallbusiness #bookkeeping #businessowner #quickbooks #quickbooksproadvisor #businesswoman #femaleentrepreneur #entrepreneur #smallbiz
    Do you have a lot of customer service inquiries in Do you have a lot of customer service inquiries in your business? If so, it can be a challenge to manage them all. Learn how to manage customer service with technology in our latest blog article here: https://5cbs.com/2021/03/01/managing-customer-service-with-technology/
    PSA: IRS has moved the deadline for personal taxes PSA: IRS has moved the deadline for personal taxes. Check out this article or contact us today with more questions! https://www.bloomberg.com/news/articles/2021-03-17/irs-plans-to-delay-tax-deadline-to-mid-may-after-chaotic-year
    PSA: IRS has moved the deadline for personal taxes PSA: IRS has moved the deadline for personal taxes. Check out this article or contact us today with more questions! https://www.bloomberg.com/news/articles/2021-03-17/irs-plans-to-delay-tax-deadline-to-mid-may-after-chaotic-year
    Many districts around the state have approved sale Many districts around the state have approved sales tax changes that take effect on April 1st. Do you know if your district's sales tax is going up? Fine your tax rate on our website under client resources! www.5cbs.com
    When you think about a nonprofit, the first thing When you think about a nonprofit, the first thing that often comes to mind is that it is tax-exempt – most nonprofits are not subject to federal and state/local income tax. However, does that mean nonprofits are completely free of ANY tax liability? Find out in our latest blog article here! https://5cbs.com/2021/02/25/do-nonprofits-ever-pay-taxes/ #smallbiz #virtualbookkeeper #taxtips #smallbizlife #financialtraining #budgeting #entrepreneurlife #bookkeeper #loveyournumbers #womeninbusiness #numbersnerd #businesschicks #mobilebookkeeping
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