Global Trade Item Numbers (GTINs) are an integral part of the GS1 family of codes and standards that facilitate global trade and commerce. Learn more here.
What is GL in the context of accounting? A company’s GL is the basis of its financial reporting and the source of the information used therein. Transactions are noted from a source document, such as an invoice or bill, and tracked in the general journal. Periodically, all transactions made...
State and federal tax codes and laws change regularly, and if you work in tax accounting, you need to stay up-to-date to learn what’s new and what’s changed. But more than the annual updates to the 1040 and similar topics, tax CPE can help you deepen your understanding of more spe...
If you’ve ever been humbled in the self-checkout line, trying and failing to scan a product under the mounting threat of the “Please see attendant” machine freeze, you’ve encountered Universal Product Codes (UPCs). UPC barcodes are everywhere—from egg cartons to sneakers—and have been...
HSN (Harmonized System of Nomenclature) codes classify goods under GST, while SAC (Services Accounting Code) is used for categorizing services for taxation purposes. 7. Who is eligible for the HSN code in GST? According to the GST rules, every taxpayer with a turnover of over Rs. 5 crores...
Accounting Payments Reconciliation 20 min read Read more Finance Accounting Jounal Entries: What Are They, Examples, and How To Use Them Accounting Financial Reporting 20 min read Read more Finance GL Codes: What Are They and How To Use Them Accounting Chart of Accounts Financial Reporti...
False Assurance also provides an insight into the potentially dire consequences that may result from a decision to take the ‘easy way out’ of a dilemma. You know as well as I do that we can’t work backwards from the consequences to form a judgment on the accounting....
corporate governance it is part of the legal system as the latest UK Corporate Governance Code applies to accounting periods beginning on or after 1 January 2019 and applies to all companies with a premium listing of equity shares regardless of whether they are incorporated in the UK or ...
Engage in misleading advertising practices Other federal laws that govern the collection of information online include: The Children's Online Privacy Protection Act (COPPA), which governs the collection of information about minors The Health Insurance Portability and Accounting Act (HIPAA), which governs...
Accountants and certified public accountants are two different types of professionals. While all CPAs are accountants, not all accountants are CPAs. Accountants typically have a degree in accounting and don't necessarily require a license to practice their profession. They are usually responsible for...