EFT Payment Explained: Electronic Funds Transfer Guide
An international wire transfer includes layers of fees that include originating bank fees, receiving bank fees, and intermediary bank fees. The term financial institution does not include those excluded from coverage under section 1029 of the Dodd Frank Act. When you register to use one of these applications, you can link your debit card, bank […]
Influencer Accounting: Everything You Need to Know in 2025
Social media influencers often engage in various services and consulting activities to diversify their income streams. These services can include brand partnerships, sponsored content, and affiliate marketing, each generating revenue that needs to be accurately accounted for. Proper Certified Public Accountant documentation and categorization of these income streams are essential for effective financial management and […]
How to Prepare a Cash Flow Statement
You’ll also notice that the statement of cash flows is broken down into three sections—Cash Flow from Operating Activities, Cash Flow from Investing Activities, and Cash Flow from Financing Activities. On top of that, if you plan on securing a loan or line of credit, you’ll need up-to-date cash flow statements to apply. However, you’ve […]