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2023 Accounting Firm Industry Insider Series: Key Takeaways from In-Depth Conversations with Managing Partners (Part 1)

JD Supra: Mergers

The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

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Management Accounting – Techniques, Importance and Limitations

Razorpay

What is Management Accounting? Management accounting or managerial accounting is a special branch of accounting of presenting financial statements to managers of a business to help them make better-informed decisions. Management accounting is a prerequisite for all businesses.

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Corporate Accounting: Meaning, Importance & Explanation

Razorpay

Corporate accounting is a special kind of accounting meant for businesses to record and monitor money movement. Knowing how corporate accounting works and its role in facilitating the growth of a business is important because it plays a fundamental role in the smooth functioning of business financials.

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HarbourVest hires Mahoney as managing director and fund accounting head

PE Hub

In this role, Mahoney will be responsible for leading the firm’s fund and investment accounting operations, in addition to leading the firm’s valuation and audit committees. The post HarbourVest hires Mahoney as managing director and fund accounting head appeared first on PE Hub.

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Accounting Information System (AIS)

Wall Street Mojo

What Is Accounting Information System? For example, AIS may be a very simple ledger for various accounting, costing, and financial reports like Statement of Profit and Loss, Balance Sheet, etc. Table of contents What Is Accounting Information System?

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Zero Balance Current Account: A Quick Explainer

Razorpay

Powerful current accounts always come with a caveat; a minimum balance requirement. Whether it is a few ten thousand or a few lakhs, most accounts are not zero balance current accounts. Would a zero balance current account really be so beneficial to businesses?

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Operating Lease Accounting

Wall Street Mojo

Operating Lease Accounting Definition Operating Lease Accounting refers to the accounting methodology used for leasing agreements where the lessor retains the ownership of the leased asset. The lessee records rental payments as expenses in the books of accounts. Show the journal entry for the operating lease transaction.