Classified Balance Sheet Definition Format Examples

par | Mar 1, 2022 | Bookkeeping

Information regarding their details can either be provided by wider categories or it can be presented by subcategories to show classification of its basic elements. A classified balance sheet is a financial statement that organizes assets, liabilities, and equity...

Firm Finances: Bookkeeping, Accounting, and KPIs 2023

par | Août 2, 2021 | Bookkeeping

When it comes to accounting for law firms, there’s no one “right” method (though you may be required to take on the accrual method). Some software platforms allow you to use accrual-based books for monthly management of the firm while also creating cash-basis...