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1 mo
LeoGlossary: Objectivity Principle
How to get a Hive Account It is an accounting term whereby the basis of a company’s financial statement must be supported by…
10 mo
Meaning and Nature of Financial Accounting
Meaning of Financial Accounting Financial Accounting is mainly concerned with the preparation of financial statements and communication…
1 yr
The cost effectiveness of being single
source The Nigerian economy is rapidly declining and thanks to inflation the cost of living is increasing on a daily basis. The…
1 yr
Self-Employment: Scams and Faulty Assumptions — The World is NOT Set Up for Multiple Businesses!
After some 40 years of (mostly) self-employment, I have no choice but to conclude that the world is not set up for those entrepreneurs…
1 yr
How does an accounting system benefit a company?
Dear readers, in one of my previous articles I told you that I have started a small business on the sale of food products, although my…
1 yr
(edited)
The Fastest Way to Destroy Your Accounting Firm
Joe Biden recently declared cybersecurity a top priority for the country. This was following the cyberattack in December against…
1 yr
(edited)
US Tax Law and Cryptocurrency Part 3: Cost Basis Accounting (FIFO, LIFO, HIFO, and Specific Identification)
I am a certified public accountant ( not an artist) that is based out of New Jersey, and I'm continuing my extensive guide covering the…
4 mo
The Role Of Accounting In Keeping Up With Finances
For every financial institution and I mean a company that makes money, the only way to keep business on track is when everything is…
7 mo
(edited)
Crypto Bookkeeping
Dear reader, Crypto fascinates me just as much as it confuses me. This keeps me in the game as there’s always something new to learn in…
1 yr
How To Pay Tax On Cryptocurrency In India
In this article, we shall focus on Crypto traders dilemma as to How To Pay Tax On Cryptocurrency In India. First, a little about us - We…
3 mo
Using Stablecoins Between Wallets For Tax Tracking
Trying to figure out crypto taxes is challenging. If one were to simply do one transaction here or there, it would not so much trouble.…
1 yr
(edited)
Crypto and IRS, Greek Edition. Forologia Kai Kryptonomismata.
Deite to oloi. Xekinaei me to den yparxei kanenas nomos gia na anaferoume. To proseggizoune to thema sfairika kai orthologika, me…
2 yr
Introducing Myself
Hello Everybody, I am new to Leo Finance. This is my second post. My first post was on Financial Goals 2021. I have degrees in…
5 mo
My first post
Hello, The name is Drew longshot, and this is my first blog post. I just wanted to introduce myself to the community before/ if I start…
10 mo
A LITTLE BIT ABOUT ACCOUNTING
Warren Buffett the 5th richest man in the world according to the website commented: Accounting is the language of…
6 mo
LeoGlossary: Cash Equivalent
The term cash equivalent applies to any short term investment asset with a maturity of 90 days or less. When talking about…
6 mo
(edited)
LeoGlossary: Debit
How to get a Hive Account This is a function of accounting where the ledger is altered based upon the impact of…
5 mo
(edited)
LeoGlossary: Double-Entry Accounting (Bookkeeping)
How to get a Hive Account An accounting principle whereby for each credit / debit entry made in one account, there is a…
6 mo
LeoGlossary: Quick Ratio
Indicator of a company's financial strength (or weakness). Calculated by taking current assets less inventories, divided by…
6 mo
(edited)
LeoGlossary: Accounting
How to get a Hive Account The process of recording financial transactions pertaining to a business. Three types of…