Category: Bookkeeping

Smith & Howard PC and Smith & Howard Advisory LLC, practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Smith & Howard Advisory, LLC and its subsidiary entities are not licensed CPA firms. The entities falling under the Smith & Howard brand… Continue reading Meet the Team Accounting & Advisory Experts

You can try MyCase Accounting today risk-free to see how our platform can streamline your accounting processes and help you manage your law firm practice with The Importance of Professional Bookkeeping for Law Firms ease. Sign up today for a 10-day free trial or schedule a free demo with MyCase. Mid-sized firms also benefit from… Continue reading Law Firm Bookkeeping 101 Bench Accounting

To help manage your business finances, we’ll explain accounting types, tasks, and frequently asked questions. Companies can use accrual basis accounting or cash basis accounting. The GAAP require businesses to use the accrual basis because it presents a more accurate picture of the company’s profitability. When a customer owes you money, it appears as Accounts Receivable (AR)… Continue reading Return on Assets ROA Formula, Calculation, and Examples

In unit price billing, contractors estimate the cost per unit of work completed. This method caters well to projects with quantifiable and repeatable tasks, allowing for scalability and flexibility. By withholding a portion of payment, clients maintain leverage over the quality and completion of the project. This method not only fosters trust but also ensures… Continue reading Complete Guide to Accounting for Contractors: A Complete Guide