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What is the Accrual Principle?

Estimated reading time: 3 minutes This post will focus on the accrual principle, which is really the fundamental idea behind how accounting works. Have you ever wondered what accountants do? And why they are needed? In this day-and-age with such sophisticated … Read More

The History of Accounting

Estimated reading time: 4 minutes Before trying to understand how accounting works, it can be helpful and illuminating to understand how it developed and helped to shape the modern world. Early Years Accounting as an activity dates back thousands of … Read More