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Archive for the ‘Education’ Category

How to Obtain CPE Credit

April 21st, 2014 by

The acronym CPE stands for “continuing professional education.” Once you become a certified public accountant and go through years of education in order to do so, you’re not allowed to stop learning as your career continues. In order to continue maintaining ownership of the certification that is essentially required to make your living, you are […]

How can I use Cheqbook for Online Invoicing?

March 31st, 2014 by

When you’re running a small to medium sized business, one of the major factors of day-to-day operations that you need to concern yourself with is the financial aspect of such an enterprise. You need to know where every dollar is going to and coming from in order to keep things like payroll, operating accounts and […]

How Many CPE Credits Do I Need?

February 24th, 2014 by

The acronym CPE stands for “continuing professional education.” It is a standard that is in use by people who are either training to become certified public accountants for the first time, as well as for those who already hold the CPA position and are renewing that certification after a specified period of time. CPE credits […]

What are the advantages of online cloud-based accounting?

December 10th, 2013 by

There’s a new kid in town with a lot of major advantages: online cloud-based accounting. It’s doing very well for itself because it fixes exactly what we all hate about desktop accounting software – the drudgery of manual entry and the inability to work collaboratively. Why it solves those problems can be summed up with […]

Surprisingly, the question “what is the difference between accounting and bookkeeping software?” comes up quite often.  As an accountant I was initially confused each time I heard this one. Bookkeepers and accountants do pretty much the same work – just at a different level or over a varying range of services – but their software […]

Free CPE that’s actually worth it?

July 29th, 2013 by

Let’s be honest: most free CPE is either about a product they’re trying to sell you or a loss leader to get you to try a new CPE provider. I occasionally will sign up for one of the latter type myself, and if I’m suitably impressed with either the: Ease of finishing it, or The […]

When I look back over my accounting career there have been two major revolutions (so far) in how books are “kept” for small businesses, and right now we’re in the early stages of a third. The first one occurred when it went from paper to computer in the 1980’s.  The second when most small companies moved from […]

What Is An Income Statement in 30 Seconds

December 13th, 2012 by

CEO/CPA Doug Levin discusses Income Statements

What Are Financial Statements in 30 Seconds

December 13th, 2012 by CEO/CPA Doug Levin explains Financial Statements.

What Is A Balance Sheet in 30 Seconds

December 13th, 2012 by CEO/CPA Doug Levin explains a Balance Sheet.