One of the primary tasks of the accountant during the period-end closing process is the calculation of expense accruals, of which there are potentially a great number. There will be a number of types of invoices or bills from internal of the company (Human... 

More than often big financial problems started from neglected-small financial issues. Not paying your loan/credit interest on time, not paying your electricity and utilities on time, not tracking mileage properly, for examples.  As an accountant, how... 

How good is your understanding about accrual and deferral transaction? Take this quiz! This quiz post contains 15 problems in the accrual and deferral area of financial accounting and reporting. The questions are on the first section and the answer is...