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Why You Should Consider Outsourced CFO Services for Your Business

Posted on October 25th, 2023

Running a successful business is like steering a ship through uncharted waters. You need a steady hand on the financial tiller to navigate the waves and reach your destination safely. …

The Importance of Audit Preparation in Maintaining Financial Health

Posted on October 23rd, 2023

As a dedicated accountant at Silver Spring Accounting LLC, I understand that audit preparation may not be the most exciting aspect of financial management, but it is undoubtedly one …

How to Track Functional Expenses and Related Revenues

Posted on October 21st, 2023

It is important for those involved in nonprofit accounting, management, and even donors to understand nonprofit functional categories. Functional categories, when properly used, …

Double Entry Accounting and Natural Account Balances Made Easy

Posted on October 19th, 2023

The most basic concepts that you need to understand in accounting are the concepts of double-entry accounting and natural account balances. For many, these concepts are like a foreign …

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