Are Retained Earnings Current Liabilities Or Assets?

Less mature companies need to retain more profit in shareholder’s equity for stability. Revenue on the income statement is often a focus for many stakeholders, but the impact of a company’s revenues affects the balance sheet. If the company makes cash...

Bookkeeper vs Accountant: What’s the Difference?

An accountant can be considered a bookkeeper, but a bookkeeper can’t be an accountant without proper certification. A client’s financial activities will include all transactions related to their income and expenses and a bookkeeper is responsible for recording all of...