Not only does the church save money and your employees save time, but you also gain access to years of valuable church-specific accounting expertise. As your provider of church accounting services, we are able to record transactions, process payables, reconcile bank accounts, produce financial statements, and so much more. As a result, you are able […]

Bonus points if they can explain it without sounding like a tech manual. Acuity has served over 2,000 clients by combining its deep expertise with a flexible approach. The firm’s use of cloud-based tools like QuickBooks Online and Xero gives you real-time insights into your finances while reducing manual effort. To date, TGG has served […]

According to this principle, the financial statements should act as a means of conveying and not concealing. It is wrong to recognize revenue on all sales, but charge expenses only on such sales as are collected in cash till that period. Revenue Recognition Principle is mainly concerned with the revenue being recognized in the income […]