Accounting isn’t just about balancing the debits and the credits. Accounting is also about following the right methodology such as cash basis, accrual basis, GAAP basis, or tax basis. Accounting is all about reconciliations and following monthly, quarterly, or annual procedures.
Susan Bersch, licensed accountant VA, NC, MD, DC & FL, has over 30 years of experience in accounting and tax. Most of her career has been in public accounting performing financial statement audits and reviews, preparing business, fiduciary, and individual tax returns. In addition she provides business, accounting, and tax advisory services to entrepreneurs.