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Accrual Or Cash Basis Of Accounting?

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By Hon. Joseph J. DioGuardi

Reprinted from The Huffington  Post

After nearly 70 years of discussion, and endorsement by four presidents (Truman, Eisenhower, Johnson and Nixon), it is high time that accrual accounting be implemented... America's future depends on it!

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Keeping Receipts Organized For Tax Time

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By Mark J. Kohler

Reprinted from Entrepreneur

Savvy business owners simply know how to keep receipts because if they don't, their tax return could be in peril. The reality is: Receipts are audit protection and we have to take that seriously.

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Purchase Orders: How this Xero function would help businesses.

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Xero just moved a step closer to completing the remaining core accounting functions.

Businesses now can create, send and manage Purchase Orders in Xero. This function will help put any businesses in control of purchasing from your suppliers, so you both know exactly what’s been ordered, the agreed cost, and when and where it should be delivered.

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The 5 Rules For Silicon Valley Success

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By Victor Hwang

Reprinted from Entrepreneur

How do entrepreneurs in Silicon Valley adapt? By staying flexible. That flexibility is maintained through a set of unwritten rules about how people interact with one another.

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4 Smart Financial Moves For Businesses

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By Brian Hamilton

Reprinted from INC

If you’re bootstrapping or working on a budget, the expertise of a CFO may not be a luxury you can afford. Even if you’ve successfully scaled your business, knowing a few core financial principles is essential as you continue to grow. Below are four pieces of financial knowledge that, even if you know nothing else, can help you keep a pulse on your company’s financial health and make better, more informed business decisions.

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5 Keys to Great Nonverbal Communication

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By Dustin York

Reprinted from Entrepreneur

Clear and effective communication is essential during presentations, whether for board rooms full of executives, auditoriums at conferences, or classrooms full of students.

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Christmas Message

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Christmas Message From Tailored Accounts Team

Tailored Accounts will be closed on Tuesday, 24 December 2013 and re-open on Thursday, 2 January 2014.

We would like to take this opportunity to say thanks to all who have made 2013 a great year for us. We wish you and your family a Merry Christmas and a safe and Happy New Year

Tailored Accounts, bookkeeping firm of Canberra

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