Different Types of Accountants for Different Businesses

Types of Accountants: Accountant Types and How to Choose the Right One for You

ByAstrid Sarratt Updated on Max 11 min read

What is an Accountant? Definition: An accountant is a professional who maintains and examines business accounts. For instance, they record transactions, revenue, and expenses in a restaurant. Expanded Definition: Accountants handle financial records. Their responsibilities encompass various aspects including: Types of Accounting Forensic Accounting Forensic accounting is a specialized branch of accounting that combines the…

What You Need to Know About Debits & Credits Before You Begin Accounting
| |

A Simple Guide to Debits and Credits

ByMelanie Maxwell Updated on Max 13 min read

What are debits and credits? In accounting, debits and credits are ways of recording financial transactions. Transactions are recorded as either a debit or a credit, depending on what is happening in the transaction. What does debit mean? Debits are typically used to record assets, while credits are typically used to record liabilities. For example,…