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“Converting from Cash Basis to Accrual Basis Accounting” is the first installment in a long series of blog posts geared toward deconstructing the most likely topics you may be tested on when you take the Financial Accounting and Reporting (FAR) section of the Uniform CPA Exam. Candidates are likely to get questions about this topic […]

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It’s good to be back … yet again

Posted July 27, 2014 By Narcisse

It’s been almost a year since I last announced with great fanfare, via this post, my return to blogging on a regular basis.  As most of the site’s frequent visitors may have noticed, I was only able to pen one blog post ever since I made that infamous announcement. I tried coming up with attenuating […]

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Assumptions, Concepts, and Principles of Accounting

Posted August 25, 2013 By Narcisse

Accounting, like most any other field of study, is anchored in a set of broad assumptions, concepts, and principles from which all rules are derived. It is almost impossible to develop an expertise in accounting without being cognizant of those fundamental precepts. Once you comprehend the essence of that set of broad accounting assumptions, concepts, […]

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