Recent content by Laverasees

  1. Laverasees

    USA Financial Statement Presentation of a Converted Corporation

    Hello Notly1988, Even though the company converted from one entity to another entity the financial statements don't change you still have to record the equity whether a loss or gain to the books. A previous client took a loan from the company in 2015 that was not recorded on the taxes. I am...
  2. Laverasees

    USA Was accounting the right career?

    Hello Loco, If you have a passion to help people get their books together. Then I say stick to it accounting is very hard. I went back to school in my earlier 40th and got my degree as a Public Accountancy. I took over for four years before deciding to take my CPA exam. I am studying for my...