Passive Income

Accounting for Cryptocurrency

The popularity of cryptocurrencies has soared in recent years, yet they do not fit easily within IFRS’ financial reporting structure. For example, an approach...
Passive Income

CPA

A Certified Public Accountant (CPA) is the highest standard of competence in the field of Accountancy across the globe. The exam is administered by...
E-tax filing system

Unearned Incomes

Unearned income is income from investments and other sources which is unrelated to employment. Examples of unearned income include interest from savings accounts, bond interest,...
Passive Income

Passive Income

Passive income is generally defined as a stream of income earned with little effort, and it is referred to as progressive passive income when...
E-tax filing system

Statement of profit and loss

The financial statements are the end products of accounting process.They are prepared following the consistent accounting concepts, principles, procedures and also the legal environment...
Tax credits in USA

Tax Reforms

Tax reform is the process of changing the way taxes are collected or managed by the government and is usually undertaken to improve tax...
Pricing Policy

Golden Rules Of Accounting

Golden Rules Of Accounting. To understand the Golden Rules of Accounting we must first understand the types of accounts. There are three types of accounts: ...
Pricing Policy

GAAP

  What are 'Generally Accepted Accounting Principles - GAAP' Generally accepted accounting principles (GAAP) refer to a common set of accepted accounting principles, standards, and procedures...
Passive Income

International Financial Reporting Standards(IFRS)

What are International Financial Reporting Standards - IFRS? International Financial Reporting Standards (IFRS) are a set of international accounting standards stating how particular types of...