BiG Consulting Corporation

Introduction

The Cash Basis accounting method is straightforward, and more intuitive to a non-accountant than the Accrual Basis method.  In Cash Basis, income is recognized when cash is received, and expense is recognized when a debt is paid.  While Cash Basis accounting is rarely used in industries like manufacturing or distribution, it’s common in real estate, government and non-profit industries among others. Read more…

Seamless Integration Lowers Transportation Costs, Reduces Operational Inefficiencies and Drives Higher Service Levels

Redwood Shores, Calif. – June 28, 2010

News Facts

According to an article in All Things Digital,

The U.S. Justice Department has joined a whistleblower suit against Oracle that accuses it of defrauding the U.S. government. Read more…

Lease accounting for property and equipment will soon get a lot more complicated, according to this CFO.com article (found here).  The new FASB recommendations are to be released some time in June. Read more…