RI Accounting

Mastering Bank Reconciliation: An Essential Guide for Accounting Practitioners

Mastering Bank Reconciliation: An Essential Guide for Accounting Practitioners By Rezaul Islam December 04, 2024 Bank Reconciliation Bank reconciliation is a crucial process in the world of accounting, yet it often feels like a daunting task for many practitioners. Whether you’re an experienced accountant or just starting your career, mastering this skill can significantly enhance […]

Addressing the Disconnect Between Program and Finance Teams in Nonprofit Organizations

Addressing the Disconnect Between Program and Finance Teams in Nonprofit Organizations The program completed activities but not reflected in financial reports. A key issue is reliance on cash-based accounting rather than the accrual. By Rezaul Islam Nov 21, 2024 When I began my career in the nonprofit sector, I quickly noticed a disconnect between the […]

A Day in the Life of an Accountant: Balancing Numbers and Life

Single Post Home / Single Post A Day in the Life of an Accountant: Balancing Numbers and Life Rezaul Islam February 16, 2024 Have you ever wondered what it’s like to be an accountant? While many people might picture a solitary figure hunched over a desk surrounded by stacks of papers and a glowing computer […]

Tax Planning 101: Essential Steps to Take Before Year-End

Tax-Saving Strategies for Freelancers and Gig Workers Rezaul Islam June 12, 2024 Share Lorem ipsum dolor sit amet elit. Phasellus ligula lorem, vehicula a erat vel sapien. Etiam bibendum neque tortor, et rutrum purus convallis non. Integer feugiat elit a eleifend accumsan. Nam id lacus sit amet urna dictum viverra. Aliquam et orci luctus, ultricies […]

Difference between Accounting and Bookkeeping

Difference between Accounting and Bookkeeping By Rezaul Islam July 14, 2024 Accounting and Bookkeeping difference Accounting and bookkeeping are both essential components of the financial management process, the two terms are often used interchangeably, but they serve different purposes and involve different tasks. Bookkeeping Bookkeeping is the systematic recording of financial transactions in the appropriate […]