Bookkeeping

Cash Flow From Investing Activities Explained: Types and Examples

On December 31, 2023, the company’s income statement showed a net income of $350,000. The company is ready to prepare its statement of cash flows for the year 2023. Investing activities include purchases of physical assets, investments in securities, or the sale of securities or assets. Investments can be made to generate income on their […]

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Bookkeeping

A Risk-Based Approach to Journal Entry Testing

Offshore oil rigs have revolutionized the oil and gas industry, but this innovation has its limitations. One of the most significant challenges faced by professionals working on offshore what is a topside entry oil rigs is the process of topside entry. While it remains one of the most commonly used methods to access the undersides […]

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Bookkeeping

6 Best Construction Accounting Software Programs

Teams find this particularly useful if they’d like to use tools on the go, such as on job sites or meeting with clients outside of the office. And if you forget your laptop, no worries — you can borrow someone else’s and log in through the web browser. While office professionals in B2B industries may […]

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