What Is Accrual Accounting? One of the most popular accounting systems for businesses of any size is accrual accounting. Accrual accounting is different from cash accounting because it is done when the goods or services are sold, not when cash is received. This helps to give a more accurate idea of a company's financial health and performance. What is accrual accounting and why it is important...

When you're waiting for a tax refund, it can be exciting, particularly if you're hoping to get a substantial refund. A common question that taxpayers have is, “How long does tax refunds take?” This is dependent on various factors, such as how your return is filed, the accuracy of the information you provide, and how your tax authority processes returns. The average period it takes...