California Freelancing: How AB5 can change the freelancing game?
The gig economy is booming, and there’s no denying that traditional workers are inching toward this independent lifestyle. Being a freelancer or independent worker, you
July 30, 2023
The gig economy is booming, and there’s no denying that traditional workers are inching toward this independent lifestyle. Being a freelancer or independent worker, you
Definition Modified Cash Basis is a hybrid accounting method that combines elements from both cash and accrual accounting. It records revenues when they are received
Definition An unqualified audit, also known as a clean audit, is a complete audit that has been carried out with no significant discrepancies discovered in
Definition An unqualified opinion, in the context of finance, is a term used by auditors to indicate that a company’s financial records and statements have
Definition Voodoo Accounting, a slang term, refers to unscrupulous accounting practices that manipulate or misrepresent a company’s financial data. These deceptive techniques make the firm’s
Definition A Virtual Data Room (VDR) is an online repository used for storing and distributing documents. It is often used during financial transactions like mergers
Definition The Other Comprehensive Basis of Accounting (OCBOA) refers to a system of accounting other than Generally Accepted Accounting Principles (GAAP). It includes methods like
Definition Over-Line is a financial term used in banking to refer to a loan amount that exceeds a borrower’s line of credit or limit. This
Definition A Trial Balance is a bookkeeping tool that consolidates all the ledger accounts of a business into one report, showing the debits and credits
Definition A trustee is an individual, company, or entity designated to manage assets on behalf of and in the best interest of a third-party beneficiary.
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