When I posted recently about the fact that the Federal Reserve raised interest rates in order to slow down the economy, several people asked the right question which is: Why would the government ever want to slow down the economy? Isn't a fast-moving economy in everyone's best interest?
If the economy begins to "overheat" (a favorite in the lexicon of the WSJ), prices can increase too quickly and the value of the currency in your hand can start to buy less and less (its purchasing power has been eroded). You panic, seeing how little your money affords, and try to purchase whatever you can (food, clothes, gasoline) before prices continue to skyrocket.
This panic and urge to spend cash on the part of the population only makes the situation worse because the supply of cash in the economy has now increased, and its value is driven down even further.
It's a scary chain of events... It's occurred many times throughout history...usually it's caused by poor monetary policy on the part of governments, printing money that they don't have.
If you're interested in the effects of "hyperinflation" you should look up what occurred in Germany after WWI when the currency became so weak that it was rumored Germans used the notes as wallpaper. .
You are packaging knowledge and selling it. That is what Tax Planning essentially is. You're not doing the preparation. You are also helping with implementation. That is how you are going to help your clients to pay less in taxes.
آینده بازار کار حسابداری در ایران بسیار پر رونق بوده و همچنین در آینده ی کشور بسیار تاثیر گذار می باشد و این شرایط ایجاد نیاز خواهد کرد.
اگر نیاز و تقاضا ، به موضوعی در هر کشور افزایش پیدا کند به اصطلاح می گویند بازار کار بسیار داغ است . لازم به ذکر است فقط با تحصیل به این نیاز پاسخ داده نخواهد شد و نیازمند مهارت و تجربه گسترده تر است.
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We're building firms.
Excited to see the firms that are meant to rise.
Only time will tell.
T-Accounts are a more detailed step you can do to break down your transactions. .
On the left side you have your debits & the right side are your credits. .
Why are they needed? Because they are a visual representation of your general ledger. They allow you to see each account and how your transactions affect it
They are also needed for adjusting entries and trial balances.
Hard at work bringing you more "Made for Accounting" TV.
Comment below & let us know what you'd like us to cover.👇 There's an endless amount of accounting issues to discuss. Let us know the one that you're concerned about & would like us to cover.
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Refinery Alum @universalbookkeeper has officially “graduated with honors.” Shortly after receiving First place with the Best of the Best of 2018 for Local Accountant, they’ve moved into a new office in the Bagg’s Square building up the road from us! ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Congratulations to the UB team for successfully quitting the day job and filling the gap by providing a remote accounting solution! ✨👏🙌 #accountinglife#smallbizgrowth#quitthedayjob#sidehustlepro#utican#thincbig
The nonprofit niche is very different from any other niche. Nonprofits deal with very strict budgets. And everything needs to get approved through the board. So for the nonprofit niche, everything is very specific....
JÉRÉMIE MOREAU, Conseiller en gestion d'entreprisesAncien assistant commercial et logistique, mon expérience acquise pendant six années passées au sein d’une grande entreprise dans la fabrication de cosmétiques et appuyée par les bases pratico-théoriques de mes formations, ont fait de moi un véritable « couteau-suisse » dans les domaines du commerce, de la logistique et de la comptabilité. Amoureux des chiffres, je me forme alors au métier de comptable pour proposer mes services dans la gestion et le conseil aux entreprises (auto-entrepreneurs, sociétés, associations…) Mobile, je me déplace pour vous offrir mes services sur mesure et sur devis avec un large choix d’options. Votre premier rendez-vous téléphonique de 30 minutes est totalement gratuit afin d’évaluer ensemble vos besoins. J’accompagne les créateurs d’entreprise dans le lancement et le développement de leur projet et je propose un suivi adapté à tout type d’entreprise.
Do You Believe the World Should Be Completely Logical? 😃
If this is you, everything that defies logic frustrates you. Well, that’s fair enough, but you’ll wind up disappointed in life. Especially with social media. The internet isn’t logical. It’s messy and human.
Social media isn’t the place to divide up the world into neat little categories. Nor is it the place to act like a robot. To succeed on social media, you’ve got to be a human being. It’s about building relationships, which are rarely founded on logic.
No project is too grand, such as planning an estate! The more it is imperative to get even the smallest, everyday tactics to help bring your big dreams into the real world.
We will give you practical advice on how!
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Onboarding the next wave of Goldlake firms & will be exposing more of the hidden gems yet to be taken advantage of in the accounting industry.
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Are you @kpmg? We can power your bottom-line.
Different strategies for different accountants for different industries for a different time than your daddy's CPA.
To be the best, first you have to be different.
More info coming soon.
Early firms can hit the DM & can start the process of joining the Goldlake family.
We limit the number of firms we work with & spots will fill up.
If you have waited to pull the trigger on @goldlakemedia, you're most likely losing money vs. making more money day by day.
Let us show you the power of marketing done in a 2019 way.
Sometimes you just need some time away from the outside world and just focus on yourself and enjoy the quiet moment. Anyone else feel this way?
The last couple of weeks I have been going nonstop. From long hours at the office due to quarter close #accounting life lol, hockey games, birthdays, and events with family and friends, I’ve had very little time to relax and enjoy some quiet time.
I thrive off of having some time to relax and do nothing. And when I don’t get that every once in awhile, I eventually can’t take it anymore and I shut myself off from the outside world. #introvertproblems
Hence, why you’ve seen very little posts from me the last couple of weeks. So my goal for myself is to be more aware of this and to find time in between the craziness to embrace the peace and to quiet my mind.
If anyone has some tips, feel free to share! 💕 [Also, thanks to my dog for this awesome photobomb lol. I debated whether to crop her out but she’s just too cute #dogmomlife ]
What was life like for you 5 years ago?
Kids? Married? or still in college?
Think back . . . 🤔
My life is QUITE different now ~
I am no longer a stressed out, lonely and exhausted Mom lacking energy to take care of my young kids. .
It’s really incredible how much has changed in just a few short years and I owe it all to saying “YES” to a business opportunity that I knew very little about! 🤣
I signed up knowing that I’d get a discount on my next fitness program that I purchased. 💰The accountant in me was pretty excited for that! 👍🏼 I was happy that my 1st program had gotten me awesome results (down 15 pounds and feeling great)! 😎
And I wanted to keep going on my journey and maybe share what I was doing with my friends/family. .
I didn't know that in the process, I would also find a deeper passion in helping others 💕(for reals, it’s SO rewarding) and gain confidence & strength in myself. 💪🏼 I also fell in love with the community, the support and the friendships 👭 - - - all of which I can’t imagine being without now. .
Being a stay at home mom definitely has its rewards too & I wouldn't trade it for the world, but being able to help 100's of others (most I've never even met except virtually) on their health and wellness journey takes it to a whole new level! 😁
I am thankful that I have been given this platform to lead my life by my design - helping others while at the same time taking care of myself and my family. 👨👩👧👦 If you are the least bit curious as to what I do to mentor others, do not hesitate to ask! 🤳The only regret I have is not learning about this life changing opportunity sooner.
ATTENTION all Photographers, videographers, content creators, and freelancers... We recently discussed at length the saving benefits you can obtain by switching your business from a sole proprietorship to a corporation.
Tap the link in our bio under “our services” to learn more 💙 #gramfam
Another day, another connection.
Meet @coachmccurdy of @lunanavpartners , where they find the inefficiencies in your business, instruct you on how to fix it, and then can go as far as to be C Level people in your company!!! On a personal level, Erica and her team have 15+ years of top corporate experience with everything from starting companies, successful sells to bigger corps, and helping run big companies grow. If your company has hit a plateau, then I think you should try to check out Erica and her team so that you can break through that wall and keep building a legacy for you and your family! Did I mention that she is a genius????
As always, support your local business.
Listen to me. ONE NICHE. ONE SERVICE. That is your goal. Too many people are trying to do multiple niches and services and are failing miserably. It is pointless to be mediocre at many things versus being an expert at one thing. People will pay much higher fees if you specialize in one area of the industry and are the best at what you do.