Business and Technology Changes

Evan Vitale is a Certified Public Accountant and an expert business consultant. In this article, Evan Vitale focuses on shedding some light on the significance of technology in a business. The Significance of Technology in Business by Evan Vitale: Business and Technology: How to manage technological changes in your business? In the 21st century, significant… Read More Business and Technology Changes

Accounting Concepts & Principles by Evan Vitale

Accounting is an art of recording, classifying and consolidating business transactions that are financial in nature for audit and tax purposes. On the other hand, accounting concepts and principles are set by the board that provides a basic framework to financial accounting. Financial accounting concepts are the basic principles used for the preparation of financial… Read More Accounting Concepts & Principles by Evan Vitale

Introduction to the Basics of Financial Accounting

Accounting is primarily concerned with the measurement, processing and communication of financial information about economic entities. The term financial accounting is the recording of financial transactions of a company for external purposes. This data is used to prepare financial reports such as the income statement and balance sheet of an organization for owners/shareholders of the… Read More Introduction to the Basics of Financial Accounting

Quick tips regarding tax Planning from Evan Vitale

Tax can be defined as a financial charge imposed by the government on an individual or legal entity. Tax accounting is governed by the Internal Revenue Code, which defines the specific rules. These rules are followed by every company or individual while preparing their tax returns. Consulting with Evan Vitale, Certified Public Accountant for tax… Read More Quick tips regarding tax Planning from Evan Vitale

FUNDAMENTAL CONCEPTS OF ACCOUNTING-EVAN VITALE

Accounting is a business language that is used for declaring financial information to internal and external users of the business.  Accounting is a process of identifying, measuring in terms of ‘money,’ recording, classifying, summarizing, transactions and events which have a financial character and interpreting these results. Basic Concepts of Accounting: You need to know about… Read More FUNDAMENTAL CONCEPTS OF ACCOUNTING-EVAN VITALE

EVAN VITALE – IFRS guidelines for Financial Reporting

IFRS is an abbreviation of “International Financial Reporting Standards,” which describes the affairs of business in accordance to make them understandable and able to meet the international standards of accounting & financial reporting systems. It is important for those companies to equalize their reporting standards with IFRS, whose dealing in different countries throughout the nation.… Read More EVAN VITALE – IFRS guidelines for Financial Reporting