Generally accepted accounting principles (GAAP) seem confusing, but in this video I break them down and let you know how they relate to your bookkeeping business. A lot of these GAAP you likely already know and understand (like, the fact that business finances should be reported separately from personal). If you've ever been confused about the complexities of these concepts, hopefully this video should help you bookkeepers!
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▶ More videos you'll like:
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Before you start: [ Ссылка ]
Impostor syndrome for bookkeepers: [ Ссылка ]
10 reasons to start bookkeeping: [ Ссылка ]
How to clean up a client's books: [ Ссылка ]
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