A plane is a flat surface with no thickness that extends forever. The flat shapes in plane geometry are known as plane figures. We can measure them by their length and height or length and width. A plane, in geometry, prolongs infinitely in two dimensions. We can see an example of a plane in coordinate […]

The projection from the Euclidean plane to a sphere without a point is a diffeomorphism and even a conformal map. In addition, the Euclidean geometry (which has zero curvature everywhere) is not the only geometry that the plane may have. The plane may be given a spherical geometry by using the stereographic projection. Collinear points […]

It helps ensure accurate recording, consistent classification, and reliable reporting of financial transactions. By understanding the normal balances of different accounts, accountants normal account balance can maintain the integrity and usefulness of financial information. By understanding the normal balances, accountants can properly record and classify transactions, maintain accurate financial records, and prepare reliable financial statements. […]

A healthy company will have more assets than liabilities, and will therefore have a net positive cash flow. Debits and credits are an important part of financial accounting. The terms “credit balance” and “debit balance” are often used interchangeably. He has $30,000 sitting in inventory and buys another 5 computers worth $10,000. Our Review on The Credit […]

So let’s use a simple to follow example to show how to apply the accounting number format in Excel step by step. This method can be particularly helpful if you need to have your numbers in accounting format. There are also different ways that you can go about getting the accounting number format – adding […]

By strategically distributing responsibilities, such as system administration, data access, and authorization, across different personnel, organizations construct a multilayered defense mechanism. This approach mitigates the risk of unauthorized access and reinforces the overall resilience of the cybersecurity infrastructure. By grouping roles and tasks, the SoD Matrix ensures that no single user possesses permissions to execute […]

A segregation of duties matrix is a structured tool used in organizations to prevent conflicts of interest, fraud, and errors by delineating the responsibilities and access rights of various job roles. This matrix serves as a critical component of internal controls and governance, risk management, and compliance (GRC) efforts. Refer to this checklist to regularly […]

A segregation of duties matrix is a structured tool used in organizations to prevent conflicts of interest, fraud, and errors by delineating the responsibilities and access rights of various job roles. This matrix serves as a critical component of internal controls and governance, risk management, and compliance (GRC) efforts. Refer to this checklist to regularly […]

If you need a balance sheet, you’ll need a double-entry bookkeeping software like QuickBooks Online. Unlike Quicken, it’s purely cloud-based since it has no desktop app. While it doesn’t have features for freelancers, like Quicken Business & Personal, it offers more streamlined personal finance tracking because it has both mobile and web browser access. The […]

The online bookkeeping service is upfront with its pricing and allows you to commit to a flat monthly fee of $49 and an hourly rate of $125 for support when you need it. Only use as much as you need and pay for personalized support. When it comes to running your business, it’s all about […]