Chicago Accounting Articles
Feb 28, 2013
Updated July 24, 2015 What is a CPA Chicago Illinois CPA Accountants Certified Public Accountant (CPA) is the statutory title of qualified accountants in the U.S. who have passed the Uniform Certified Public Accountant Examination and have met...
Feb 28, 2013
Updated July 24, 2015 Cost Basis / Investment Basis / Basis of Assets Chicago Illinois Speaking in extreme generalities, the basis of an asset is generally what you paid for it. These computations are important when computing the gain on an asset and...
Dec 17, 2012 | FAQs
Updated July 10, 2015 Why are the dates on a financial statement important? Because you can’t do financial statements that are relevant without dates or a period of time. An income statement shows the income or loss of an entity over a period of...