Rick_Grimes's latest activity
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Rick_Grimes replied to the thread Can someone guide me on how to set up a trust?.To set up a trust, you’ll need to: Decide the purpose (e.g., estate planning, protecting assets, or supporting family). Choose the type... -
Rick_Grimes replied to the thread What is full-service bookkeeping?.Full-service bookkeeping means handling all aspects of a company’s financial records — not just recording transactions, but also...
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Rick_Grimes replied to the thread Who is Senior Manager?.A Senior Manager is someone who oversees a team or department, usually reporting to a director or VP. They’re responsible for...
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Rick_Grimes replied to the thread What is wages outstanding?.From my experience running a small business, wages outstanding refers to the money owed to employees for work they’ve already done but...
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Rick_Grimes replied to the thread What’s the accounting treatment for share buybacks?.When a company buys back its own shares, the cost is recorded as a deduction from equity (under “treasury stock” or “share capital &...
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Rick_Grimes replied to the thread What are the differences between statutory audit vs internal audit for compliance?.A statutory audit is legally required, done by external auditors, and checks if a company’s financial statements comply with laws and...
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Rick_Grimes replied to the thread What is sap software?.SAP software is a type of enterprise software that companies use to manage business processes like finance, supply chain, HR, and...
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Rick_Grimes replied to the thread Are debt certificates that are purchased by an investor?.Yes — debt certificates are basically bonds or similar instruments that investors buy. When you purchase one, you’re lending money to...