fabiochiu/medium-articles huggingface dataset:
5 Tips to Prevent Diabetes
By: Sundas Aqeel
Tags: Exercise, Healthy Diet, Diabetes

Are you aware of the fact that diabetes has become a leading cause of death worldwide? Research has found that 463 million people are living with this disease at the moment. If the disease remains untreated it can cause kidney failure, blindness and heart diseases. Do you want to stay away from this deadly disease, especially when it runs in your family?

There are two types of diabetes, type 1 and type 2. Type 1 is less prevalent than type 2. Type 1 occurs in childhood and can not be prevented. Type 2 diabetes can be easily be tackled with some healthy tips so we are discussing some of them. Here we have presented tips to prevent Diabetes and keep yourself healthy:

Cut off Sugar and Carbohydrate

If your diet contains high sugar and refined carbohydrate levels, then it is time to cut them off. This food causes enhancement of sugar and insulin level in your blood which may cause diabetes over time. Potatoes, white bread, and sugar-coated cereals are examples of refined carbohydrates. Switch these food components with green vegetables, oatmeal, and grains.

Exercise is a must

Adapting to a healthy lifestyle reduces the chances of diabetes. Regular exercise helps the body to use insulin and produce glucose. This will reduce the pressure of the insulin-making cells. Do you know how to do this? The answer is exercise which will make you as fit as a fiddle and will keep diabetes away. This exercise needs to be regular which will make improvements in insulin response.

Keep Yourself Hydrated

Water is the best choice for hydration than sugary drinks. The reason is, water will not enhance blood sugar levels. High levels of sugar may lead to dehydration. Taking in water can remove extra glucose through urine. The Institute of Medical suggests 3 Litres of water for adult men and 2.13 Litres for adult women.

Lose that Extra Weight

The majority of the people who carry diabetes are overweight. The reason behind this is the extra weight around the abdominal areas, especially the liver. This is known as called visceral fat. Extra weight aids in inflammation. It causes insulin resistance which in turn causes diabetes.

The question is how to cut your extra weight? Vegetarian diets and low-carb diets are the best choices to lose extra weight. So it is vital to lose weight in order to prevent diabetes.

Say Goodbye to Smoking

If you are a chain smoker, now its time to leave it. Tobacco can be a source of insulin resistance. It can lead to type 2 diabetes. It has been studied that smokers have 30 to 40% chances of developing this disease. Due to the high levels of nicotine, the insulin response worsens in the body. Smoking aggravates your body conditions, and you can get type 2 diabetes.

Conclusion

You should be careful with your lifestyle especially your diet to prevent type 2 diabetes. Diabetes contributes to 1.5 million deaths worldwide. to Chances are more if this disease runs in your family. Educate yourself and adapt to a more healthy lifestyle to prevent this menace.
How Much Do You Know About DIABETES?
By: Jr Life Sciences
Tags: Holistic Way, Health, Diabetes, Health Tips, Supplements

How Much Do You Know About DIABETES?

Consumption of sweet food or beverages has no direct connection with diabetes. In fact, failure of production of sufficient insulin, the hormone which is responsible for reducing blood glucose levels in our body, is the culprit of diabetes. However, a high sugar and fat diet will increase the risk of developing Type 2 diabetes which cause by reduced sensitivity to insulin.1 Uncontrolled diabetes can cause damage to your nerves and blood vessels which result in brain, kidney, eye, foot, heart diseases and stroke.2

In term of medical treatment, insulin injection or oral medications is the common option to help lower blood glucose and prevent diabetic complications. However, some prefer to opt for a more natural approaches via diet control, lifestyle modifications and supplements, especially during the early stages.2 Here are some ingredients you might wish to take note of when looking out for supplements for diabetes.

Chromium

Chromium is an essential trace mineral which helps to reduce insulin resistance and improve glucose metabolism. It is also known to have anti-inflammatory and anti-hypoglycemic properties.3 It is required for the enzyme known as glucose tolerant factor (GTF) for optimization of insulin function and glucose control. GTF binds to insulin and improves efficacy of insulin, thereby helping to lower blood glucose level.4

Fenugreek

Fenugreek is a unique herb that is commonly used in alternative medicine and it is known to have benefits for reducing blood glucose levels. These benefits may be due to fenugreek’s role in improving efficacy of insulin.5,6 Studies showed that fenugreek has positive impact for both type 1 and 2 diabetes.7 Another study demonstrated that healthy people experienced reduction in blood glucose level few hours after intake of fenugreek.8

Bitter melon

Bitter melon is a popular vegetable that is traditionally known for its anti-diabetic properties via increasing insulin secretion of the pancreas, decreasing intestinal glucose uptake, and increasing uptake and utilization of glucose in peripheral tissues.9 Studies indicated bitter melon decreased fructosamine and hemoglobin A1c, markers of long-term blood glucose control.10,11

Reference
How to lower your sugar levels quickly, Diabetes medications, What dietitians say about
By: Idrees Khan
Tags: Blood Sugar, Control Sugar Level, Diabetes, Diabetes Medication, Blood Sugar Levels

Keeping up with sugar levels is essential for assisting with forestalling sickness now and later on. The CDC even says that a “healthy sugar range” can postpone or forestall heart disease, vision misfortune, and kidney sickness, just as further develop your general mind-set.

Be that as it may, considering this, how would we keep levels at a Healthy range?

“There are both short and long haul ways of decreasing your sugar, however for long haul control, it is ideal to coordinate exercise into your way of life, eat a fiber-rich eating routine, and stay away from food sources with a low glycemic list,” says Trista Best, MPH, RD, LD at Balance One Supplements.

Symptoms of high blood Sugar

Your sugar levels are something that ought to forever be viewed in a serious way, regardless of whether they’re excessively low or excessively high. As indicated by Best, “persistent raised sugar can prompt hurtful aftereffects going from helpless perception, loss of sight, and diminishing available for use prompting conceivable removal.”

While it’s critical to get ordinary checkups from your PCP, there are signs you can search for all alone too. “The three essential actual signs that your glucblood sugar might be high incorporate expanded thirst, successive pee, and blacking out,” says Best.

The following are a couple of way of life and eating changes that can assist you with bringing down your glucose. Then, at that point, for more smart dieting tips, try to look at The 7 Healthiest Foods to Eat Right Now.

Manage Your Carb Intake

As per Courtney D’Angelo, MS, RD, creator at GoWellness, zeroing in on the number of and what sort of carbs you eat for the duration of the day is significant in bringing down your sugar.

“Eating an excessive number of carbs can cause blood sugar levels to rise, so having a solid hang on the thing you’re eating is basic, like focusing on entire grains over handled grains, as entire grains offers more prominent dietary benefit while additionally bringing down your glucose levels,” says D’Angelo.

Here are The Best Whole Grains To Reduce Your Risk of Disease, Say Dietitians

Eat more dissolvable fiber.

Remembering sufficient fiber for your eating Read more …
What is diabetes?
By: Sodiq Moshood Alani
Tags: Cure Diabetes, Health, Healthy Lifestyle, Diabetes, Diabetes Treatment

Diabetes? Why Did No One Tell You About This? (Smart Blood Sugar)

Diabetes happens when your body isn’t able to take up sugar (glucose) into its cells and use it for energy. This results in a build up of extra sugar in your bloodstream.

Poorly controlled diabetes can lead to serious consequences, causing damage to a wide range of your body’s organs and tissues — including your heart, kidneys, eyes and nerves.

Why is my blood glucose level high? How does this happen?

The process of digestion includes breaking down the food you eat into various different nutrient sources. When you eat carbohydrates (for example, bread, rice, pasta), your body breaks this down into sugar (glucose). When glucose is in your bloodstream, it needs help — a “key” — to get into its final destination where it’s used, which is inside your body’s cells (cells make up your body’s tissues and organs). This help or “key” is insulin.

Insulin is a hormone made by your pancreas, an organ located behind your stomach. Your pancreas releases insulin into your bloodstream. Insulin acts as the “key” that unlocks the cell wall “door,” which allows glucose to enter your body’s cells. Glucose provides the “fuel” or energy tissues and organs need to properly function.

If you have diabetes:

Your pancreas doesn’t make any insulin or enough insulin.

Or

Your pancreas makes insulin but your body’s cells don’t respond to it and can’t use it as it normally should.

If glucose can’t get into your body’s cells, it stays in your bloodstream and your blood glucose level rises.

Have you been looking for 1 Food That Kills Diabete? don’t go far away I’m presenting you the best Smart Blood Sugar, it is not drugs, and it is very cheap check it out and thank me later.

Read more here
With an experiment that amazed scientists... Here are the details of the recovery of the first diabetic patient
By: Yasmine Betrogi
Tags: Health, Science, Scientist, Diabetes, Insulin

With an experiment that amazed scientists... Here are the details of the recovery of the first diabetic patient

In an experiment that amazed scientists, experts discovered a new treatment using stem cells that produce insulin, after it had already been successful with a case of patients in Illyria, Ohio, USA.

The life case of a 64-year-old patient named Brian Shelton, who was controlled by type 1 diabetes, and when his blood sugar level drops, he loses consciousness without warning.

Stem cell test

People with type 1 diabetes are invited to participate in a clinical trial conducted by Vertex Pharmaceuticals. The company was testing a treatment developed over decades by a scientist who vowed to find a cure after his son and teenage daughter contracted the devastating disease.

Shelton, the first patient on June 29, received an injection of cells, grown from stem cells but like the insulin-producing pancreatic cells his body lacks. Now, his body automatically controls his insulin and blood sugar levels, according to a report in the New York Times.

Shelton is the first person to recover from the disease with a new treatment. “It’s a whole new life,” he said. “It looks like a miracle.”

Diabetes experts were surprised but urged caution. The study is ongoing and will take five years, and includes 17 people with severe cases of type 1 diabetes. It is not intended as a treatment for the more common type 2 diabetes.
Insulin Resistance: America’s Hidden Epidemic
By: Abundant Care
Tags: Insulin Resistance, Functional Medicine, Diabetes

……..points to ponder while being tempted by christmas cookies

Are you prone to low blood sugar (feeling “hangry”, dizziness, headache) if you don’t eat frequently?

Are you struggling to control your cravings for sweets?

Do you try to eat less but just can’t to overcome your intense feeling of hunger?

Do you carry extra weight around your middle that you can’t seem to get rid of?

Did you know that people start to develop metabolic dysfunction years before they are actually diagnosed with Diabetes (type 2)? Common causes of metabolic disease run rampant in our culture and include a diet high in refined carbohydrates and processed foods, toxins, lack of exercise, and stress. During the 10+ years of metabolic dysfunction that precedes a diabetes diagnosis, oxidative damage is occurring in the body (which can lead to problems such as hypertension, fatty liver, pancreatic damage which affects digestion, visual impairment, kidney damage, and neuropathy). Insulin resistance is symptomatic, and if you answered yes to the above questions, you may be experiencing it.

In the past, I didn’t diagnose diabetes until fasting insulin was above 126 or Hgb A1C was 6.5%. At that point, I provided education on some lifestyle changes- general diet and exercise information- and prescribed medication. Diabetes typically progresses to a point where insulin is needed, which is adjusted to keep blood sugar in a prescribed range. Eventually, without significant lifestyle changes, diabetes will progress to overt cardiovascular disease, because while the blood sugar outside of the cell is being lowered, the blood sugar inside the cell is not, and oxidative damage continues.

Now, I understand that metabolic dysfunction is occurring much sooner (fasting glucose above 90, triglycerides above 100, Hgb A1C above 5.3%), and I check fasting insulin in addition to other well known lab markers. I make very targeted diet, lifestyle, medication, and supplementation recommendations so that the client can REVERSE the metabolic dysfunction, not just slow down its progress. I am aware of other common dynamics at play that perpetuate metabolic dysfunction, such as hormone imbalance and lack of essential nutrients, and address these as well.

If your goal is to lose weight in the New Year, simply focusing on calories and pounds, statistically speaking, will most likely not result in sustainable wellness and metabolic health. I encourage you to focus on wellness, not pounds. By reversing metabolic dysfunction, you will not only look better, you will feel better, too, and be equipped and empowered to be a healthier you for years to come. www.abundantcareandwellness.com
1,what’s the miaomiao reader ?
By: Miaomiao Reader
Tags: Freestyle Libre, Type 1 Diabetes, Type 2 Diabetes, Diabetes

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1,what’s the miaomiao reader ?

Miao miao is a bluetooth device that is attached to the #sensorfreestylelibre and takes readings from it and transmits it to the cell phone of the person who uses it .. it transmits directly without having to scan .. through an application that we must have on the cell phone. . Transmits the movement of blood glucose every 5 minutes .. it is calibrated with a blood value and it is more exact than the free one (it can have moments of decalibration .. more than anything the first days). It has high and low blood glucose alarms. It will be valued and schedules depends on each one .. we can also load insulin and carbohydrates data through the application .. have an approximate amount of glycosylated and also through wifi or data you can have followers .. (dad, mom, uncles, brothers … etc) must have the application and can follow those blood glucose levels .. here we use it a lot it gives us much more freedom, when in the garden we can see your blood glucose from home …

2,how about miaomiao1 &miaomiao2&miaomiao3?

here we used it almost 3 years ago … we went through all 1, 2 and now 3 … many asked me about 3 .. new .. for now we have a better connection than with 2, exact value to blood, and battery we are better than with 2 … the size it’s nice .. except that it is a little higher than 2 .. but among them .. I keep 1 and 3 .. for the connection and the battery …

I must also say that it is submersible and it is charged through its USB cable .. it is purchased through the miaomiao.cool page, the shipping is through dhl .. it takes approximately 10 days sometimes less .. I have a code of discount and I’ll give you some tips for buying privately!
World Diabetes Day
By: Information Path
Tags: 14, November, World, Dạy, Diabetes

November 14, Diabetes

India is one of the most diabetic countries in the world. Tamil Nadu in particular has a high proportion of diabetics. Diabetes is not a personal disease. This is a defect caused by a biological change.

The pancreas secretes insulin naturally to control the amount of sugar in the body. A deficiency in the size of this gland is called diabetes. Variation in insulin secretion causes many diseases in the body.

The World Diabetes Federation and the World Health Organization have jointly declared World Diabetes Day to raise awareness about the growing health problems caused by diabetes. It has been observed on November 14 every year since 1991. It is the world’s largest campaign movement in 160 countries and has been the official United Nations Day since 2006.

According to the World Health Organization, 450 million people worldwide are affected by diabetes. As well as the death rate due to diabetes comes in the millions. Diabetes can be prevented by promoting diabetes prevention, strengthening treatment modalities and taking precautionary measures.
How to Reverse Diabetes and Lose Belly Fat in 60 Days
By: Bob Wuest
Tags: Weight Loss, Health, Keto, Diabetes, Fasting

How to Reverse Diabetes and Lose Belly Fat in 60 Days

Photo by Ehimetalor Akhere Unuabona on Unsplash

The title sounds like a bold claim, right? It’d be hard to believe it if I hadn’t done it myself. Here’s the story of how I did it — and how you can too.

On August 17, my doctor said one sentence that rocked my world: “You are a Type 2 diabetic.” Naturally, she prescribed diabetes-management drugs.

I was like, “No, thanks. Diabetes is a lifestyle condition. I’ll make lifestyle changes to reverse it.”

With the experience of someone who’s probably had this discussion more than a few times previously, she said, “That’s not likely.”

Hold my beer.

Less than a month later, on September 12, I had dropped 14 pounds and 1.5 inches of waistline. A second blood panel showed my triglycerides and LDL cholesterol had dropped to normal levels — for the first time in my life — and my HbA1c level had dropped — but still indicated diabetes. (It was at 8.0% against a normal max of 6.0%.)

On October 15, I had dropped another 10 pounds and two more inches of belly fat. My third blood panel showed that my HbA1c level had moved to 5.8% — within the normal range.

I had started at 194 pounds and was at 170 at that point. My target weight is 155, and so my journey continues. But here’s how I achieved these remarkable results within just 60 days.
Advantages of working in Big 4 Accounting Firms in the world.
Tags: Bookkeeping, Accounting

I would like to point out that all the firms offer a mentoring or placement program geared specifically for women. They may also be present at career fairs, doing skills drop-ins and information sessions, as well as mock interviews.

Does anyone know what they’re looking for?

You can determine where you may fit in best based on the key skills each firm highlights on their application pages.

Our high standards of leadership, technical skills, business acumen, and global network set us apart from our competitors.

A demonstrable interest in business, an inquisitive mind, outstanding interpersonal skills, and the willingness to get your hands dirty are all prerequisites for Deloitte.

Integrity, teamwork, respect, and energy are characteristics of EY.

KPMG — A firm understanding of business, a thirst for knowledge, and the ability to solve problems in a new way

Advantages

Individuals can tailor their benefits packages to fit their needs at all four firms. A holiday package of 25 days is normally offered, with the option of buying more or taking some for extra cash. There are a number of options including private healthcare, life insurance, childcare vouchers, gym memberships, etc. Additionally, all four institutions offer graduate loans to assist you with your studies.

Salary

On their websites, none of the Big Four publish graduate starting salaries, preferring simply to say they will be ‘generous’. Their starting salaries are probably very similar. By the time you complete your training contract, accountant salaries in London range from $26,000 to $28,000.

The salaries for summer internships are supposed to vary. While Deloitte and KPMG offer £1,650 to £1,850 per month, PwC and EY are more generous, offering £2,000 to £2,500 per month.

All four accounting firms in NYC offer quite a wide range of salaries for qualified accountants. If you stay on after passing your exams at PwC, you can earn £40,000 to £55,000 — but there is a lot of overlap. Any of the four companies could offer you £45,000.

The training process

All of the Big Four will focus heavily on gaining a professional qualification during your first few years. Chartered Accountants, Chartered Tax Advisors, or qualified Actuaries are available depending on your area of interest. Consultancies don’t necessarily require professional qualifications, but you’ll still need to undergo extensive training.

The four companies agree that everyone learns differently — but their definitions of that still differ.

A more senior employee shows you the ropes with a buddy system at PwC. Besides having a partner or mentor, you will also be given a director mentor.

In addition to your professional qualifications, Deloitte stresses mentorship and flexible development programs.

Along with e-learning, EY emphasizes coaching and hands-on learning. I can only think of one company whose training web page mentions how you can use your skills to help the community.

The Academy at KPMG helps make training more social and can guide you through your professional qualifications.
Petty Cash Book
By: Manishkumar Shrivastav
Tags: Accounting, Accountancy, Meaning Of Accounting

Petty Cash Book in Accounting -In every organization a Petty Cash Book is maintained by many small payments such as conveyance, cartage, postage, telegrams, and other expenses (collectively recorded under miscellaneous expenses) are made. These are generally repetitive in nature. If all these payments are handled by the cashier and are recorded in the main cash book, the procedure is found to be very cumbersome. The cashier may be overburdened, and the cash book may become very bulky.

To avoid this, large organizations normally appoint one more cashier (petty cashier) and maintain a separate cash book to record these transactions. Such a cash book maintained by the petty cashier is called a petty cash book in accounting.

The petty cashier works on the Imprest system. Under this system, a definite sum, say Rs. 2,000 is given to the petty cashier at the start of a particular period. This amount is called the imprest amount. The petty cashier goes on making all small payments out of this imprest amount and when he has spent the substantial portion of the imprest amount say Rs.1,780, he gets reimbursement of the quantity spent from the top cashier.

In the Petty Cash Book in Accounting payment side (credit) besides the first amount column. Each of the numbers columns is allotted for items of specific payments, which are commonest. The last amount column is designated as ‘Miscellaneous’ followed by a ‘Remarks’ column. In the miscellaneous column, those payments are recorded that a separate column doesn’t exist. In the ‘Remarks’ the character of payment is recorded. At the top of the amount, all amount columns are calculated. The total amount column l shows the entire amount spent and to be reimbursed. On the receipt (debit) side, there’s just one amount column. Columns for the date, voucher number, and particulars are common for both receipts and payments.

Petty Cash Book

For more details please visit: https://www.manishco.com/petty-cash-book-in-accounting/
Accounts from Incomplete Records
By: Manishkumar Shrivastav
Tags: Accounting, Accountancy, Meaning Of Accounting

Accounting records, which aren’t strictly kept consistent with the double-entry bookkeeping system are referred to as Accounts from incomplete records. Many authors describe it as a single entry system.

However, a single-entry bookkeeping system may be a misnomer because there’s no such system for maintaining accounting records. It is also not a ‘shortcut’ method as an alternate to the double-entry bookkeeping system. It is rather a mechanism of maintaining records whereby some transactions are recorded with proper debits and credits while just in the case of others, either one-sided or no entry is formed.

Accounts from Incomplete Records

Normally, under this technique records of money and private accounts of debtors and creditors are properly maintained, while the knowledge concerning assets, liabilities, expenses and revenues is partially recorded. Hence, these are usually referred to as accounts from incomplete records.

For more details please visit:https://www.manishco.com/accounts-from-incomplete-records/
The Hustle Culture Transforms Gig Workers Accounting Needs
Tags: Accounting, Hustle, Freelancers, Gig Economy, Metaprise

Working for a living is my lifestyle.

This is the mantra of the 21st Century phenomenon known as the hustle culture. Instead of working to make a living, hustle culture demands people work as a lifestyle. Although kicked off by the advent of the celebrity entrepreneur, it wasn’t soon until the average citizen made the decision that working for a living was, indeed, their actual lifestyle.

Elon Musk, the founder of Tesla, famously tweeted that “nobody ever changed the world in 40 hours a week”, suggesting that people would need to work twice as hard in order to reach the upper echelons of success.

This new breed of entrepreneurs has seemingly enhanced the work ethic usually associated with the gig worker. The thing that separates ‘hustle culture’ from ordinary hard work and long hours can be summed up in one word: passion. Entrepreneurs, gig workers, small business owners, and others make their living by doing what they love every day. This is what keeps people motivated to work in the wee hours of the night or to sacrifice their weekends or other off days. Owning your own business comes with certain responsibilities that may seem like more work to some, but won’t feel the same if you’re the owner.

Small business owners know that their jobs don’t end once the clock hits 5 o’clock. If you aren’t running business operations into the evenings, you’re thinking about new ways to improve your sales, talking to potential customers and vendors, or looking for ways to cut costs and increase revenue. Regardless of your situation as a business owner, one way to help establish a healthy work ethic is to keep your finances organized and in check. Here is where financial management services can help you achieve your success story.

Especially for the gig worker, dealing with multiple sources of income is the norm. The same is true about accounts payable, as there is a strong possibility of having various vendors that need to be paid for their services as well. Hustle culture might find you dealing with many vendors and clients over time, so having a centralized platform for financial management can help save time and stress. Services like Chime.com, Bill.com or Metaprise — Commerce Bank, to name a few, can help to handle your business finances and, conversely, take some of the stress off your role as an Owner. It’s worth checking out one of these time-saving services and thus provide yourself time to put a little life back into your hustle.
Team Management: Float’s Biggest Upgrade Yet
By: Ruslan Nikolaev
Tags: Accounting, Spend Management

Since day one, Float has always been focused on empowering organizations and their teams to spend smarter without constraints. It’s always been our mission to serve Canadian SMBs with over 100+ employees and today we’re one step closer with the launch of Team Management on our platform. One of the largest updates in Float’s history, Team Management is an essential feature that will allow us to scale and better serve fast-growing businesses of all sizes across Canada.

What you can expect with Team Management (TM)

👫 A clear path to decentralized spending

💸 Greater control over company spend without traditional constraints

⏳ Lengthy approval processes and chains of command, eliminated

✅ Create custom multi-level approvals based on specific teams and budgets

🚀 Enhanced efficiency for teams to meet their goals and get things done

Team Management gives finance teams better visibility and control over company spending — except without all of the headaches. This new feature enables companies to create departments within the Float application and assign roles — Spender, Manager, Admin, Bookkeeper — that make it easier to decentralize spending within teams. Lengthy approval processes are eliminated completely and replaced with multi-level approvals so things can get done faster. Managers are empowered to easily issue corporate cards, set predefined limits, and control team spending, all while employees are given more authority to make daily spending decisions.

We are growing with our customers.

Over the last eight months, Float has evolved to serve many big players and we’re not stopping anytime soon. 🙌🏼 With this newest update, we’re giving growing SMBs the ability to scale and create as many teams as they need with custom spend approval workflows right in the Float application. Our platform is now set up to support larger businesses with more complex financial processes, making it easier to track, manage and control corporate cards and spending.

To learn more about how Team Management can transform the way your company spends, don’t miss our latest blog.

As we continue to grow and ship an amazing experience to customers, we’re always looking for passionate individuals to join Float as we power toward our mission. If you’re looking to make a real impact on thousands of Canadian businesses and grow in your career, explore our current career opportunities here.
Accounting Partners are just Franchisees
By: Jason Andrew
Tags: Finance, Accounting, Entrepreneurship, Franchise

People get into public practice accounting for different reasons.

Job security.

The satisfaction of working in digits all day.

Interest in money and finances.

Understanding business.

Family expectations.

For me, it was a mix of all of those things.

I had a thing for numbers.

I wanted to learn about finance and eventually own a business.

I knew accounting was a safe career path (cue Benjamin Franklin idiom about death and taxes).

I have an Asian mother…

I had no idea WTF a Debit or a Credit was, or why Assets less Liabilities = Owners Equity

I just figured that accounting would tick the boxes for me.

After 6 months of of working in public practice, I quickly understood what ‘success’ looked like in a public practice firm.

It’s all about promotions.

You started as a graduate and your goal was to get all the way to the top — to Partner.

All the way to the top

Being a Partner was the ultimate. The very definition of success.

Partners got awesome perks. Exclusive silverware laden buffet lunches, exotic corporate retreats, nice cars, 7 figure salaries.

If you made Partner — you knew you were set for life.

You were untouchable.

As a young and naive grad, I too was lured into the idea of being a partner of a firm. It’s the kind of life that one aspires to achieve. I mean, why else would you bust your ass in public practice, working longer hours and receiving dismal pay compared to your peers that jumped ship into the ‘mundane’ world of Commerce?

After several years in the profession, I decided that being partner of a firm was not what I wanted. It was not a clear cut decision at the time, and a story better saved for another blog.

I left the ‘profession’ and started my business, which was the real reason why I pursued this career path in the first instance.

Yes, I still am an accountant (and proud to call myself one). I also own a business that provides accounting services.

However, nor I, my business partner, nor any of our team members refer to the term ‘Partner’.

Why? Because we run our business as owners, not Partners.

I believe there is a subtle difference.
Web Scraping Yahoo Finance
By: Randy Macaraeg
Tags: Accounting, Web Scraping, Stock Market, Finance, Python

Import the Libraries

Let’s start with the necessary libraries:

import pandas as pd

from bs4 import BeautifulSoup

import re

from selenium import webdriver

import chromedriver_binary

import string pd.options.display.float_format = '{:.0f}'.format

Set up and run the driver

is_link = ' https://finance.yahoo.com/quote/AAPL/financials?p=AAPL' driver = webdriver.Chrome()

driver.get(is_link)

html = driver.execute_script('return document.body.innerHTML;')

soup = BeautifulSoup(html,'lxml')

I prefer using Chrome as my web browser, but feel free to use whatever you’re most comfortable with (Firefox, Safari, etc.). I’m also using Apple as my example company, but you can change the AAPL ticker in the link to another company’s stock ticker to change the data.

The above code will open the page in a dummy browser and pull all of the data within the body of the website. Since Yahoo Finance operates on JavaScript, running the code through this method pulls all of the data and saves it as if it were a static website. This is important for pulling the stock price, as those are dynamic items on the webpage and can refresh/update at regular intervals.

To pull the stock data, we start by getting the location of the stock prices. By hovering over the stock price we can use the Inspect tool to find the exact syntax for the stock price.

Transferring this information into Python, the code would look like this:

close_price = [entry.text for entry in soup.find_all('span', {'class':'Trsdu(0.3s) Fw(b) Fz(36px) Mb(-4px) D(ib)'})]

This code searches for the ‘span’ tag within all of the HTML code and looks for the class attribute that matches the one entered. Luckily this pulls only one number, which is the stock price at the close.

Now that we have this we can move on to the financial statements.
Accounting for Unearned Revenue
By: Michael Johnson
Tags: CPA, Accounting, Small Business

If your business offers customers the ability to prepay for services, the accounting process for your revenue gets an additional layer of complexity added to it.

Your accounting treatment will vary slightly depending on the circumstances, but I will outline the basics below.

Subscriptions

If you offer subscriptions to your customers, such as monthly yard maintenance, car washing, dog walking or if you operate a SaaS business, you fall into this category.

Let’s make the assumption that you offer your customers the ability to prepay for a year’s worth of services. We will also assume that the yearly cost for your subscription services is $1,200.

The basic journal entry to record the cash sale is straight forward:

Dr. Cash $1,200

Cr. Deferred revenue $1,200

You’ll notice that this gets posted to Deferred Revenue, not your typical revenue account. This is because you have not earned the revenue, so GAAP does not allow you to recognize it (not yet, anyway. You will!). Note that Deferred Revenue is a liability account. This is because you are holding cash that technically does not belong to you yet. Think of it almost like a loan from your customer.

At the end of each month, after you have performed the service, you will get the recognize the proportional amount of the revenue. In our example of a yearly subscription, this will be 1/12th each month.

The monthly journal entry would be:

Dr. Deferred Revenue $100

Cr. Revenue $100

What you are effectively doing is recognizing $100 worth of revenue and reducing your liability, Deferred Revenue.

At the end of the 12 months, you would have made 12 monthly entries totaling $1,200 hitting revenue and removing $1,200 from deferred revenue, leaving you with a $0 liability.

You can follow this process no matter how long the prepayment period. For instance, you can sell 3 years worth of services at once — you’d simply switch the period you recognize the revenue over 36 month instead of 12 month.

Still have questions? Leave a comment below!
James Souza- Morning Star Promotions’ Top Professional of 2021
By: Morning Star Promotions
Tags: Accounting, Litigation, Attorney, Promotion, Professional

Morning Star Promotions is pleased to name Mr. James Souza a top professional of 2022. As a prominent attorney, Mr. Souza has devoted over twenty years to his field. His academic journey began at the San Diego State University where he earned a Bachelor of Science in Business Administration and Accounting in 1992. Subsequently, he matriculated at the California Western School of Law and graduated in 1995. In 2007, Mr. Souza became the co-founder and shareholder of Kennedy & Souza APC. He continues to focus on construction law, personal injury, product liability, business litigation, and arbitration. Throughout his successful career, Mr. Souza has maintained affiliations with many organizations such as the San Diego Defense Lawyers Association, the California Professional Association of Specialty Contractors, the California Bar Association, and the Worldwide Registry. Mr. Souza was also a finalist for the best construction litigation attorney by the San Diego Daily Transcript. Due to his exemplary contributions to litigation, Morning Star Promotions is honored to announce Mr. James Souza as a top professional of 2022.

Contact Morning Star Promotions’ today to see if you qualify as a Top Professional of 2021.

(631)676–7754 (P)

Admin@morningstarpromotions.com
Hostbooks E-invoicing — Smart E-invoicing Solution for Smart Business
By: Goody Hb
Tags: Accounting Software, Accounting, Paybills, Gst Software, Hostbooks

Hostbooks

The Hostbooks invoicing software offers greater ease in e-invoice generation, reconciliation of e-invoice data on GSTR-1 and e-way bill portals, cancellation and amendment of e-invoice, ERPs Integration with the existing software, and more.

Indeed, all-in-one cloud-based Hostbooks e-invoicing software can cater to all your invoicing requirements. With this, you can automatically upload e-Invoices to IRP, operate in online or batch mode, integrate with your existing ERP, and save your valuable time and significant cost.

Further, it enables you for one-click excel import, automated IRN & QR code generation, seamless Integration With your Existing ERP, automated E-Way Bill Generation in bulk, Printing of invoice with IRN & QR code, compare of Books with GSTIN Data, Ready templates for reprinting invoice with IRN and QR code, store additional data such as Ref number for future use, and so on.

Hostbooks e-invoicing software has several unique features that make it different from others such as it is AWS Cloud-Based software that lets you manage anything related to your compliance, anytime and from anywhere. Even, you can explore accounting, GST, TDS, E-Way Bill Solutions in one user-friendly dashboard. Literally speaking, with Hostbooks invoice software, the traders won’t have any trouble filing their tax returns, generating e-invoices, and fulfilling other compliance for business. It keeps the record of e-invoice generation that helps traders file their tax returns with pre-saved information.

For More Details :

Email :- info@hostbooks.com
Fasten your accounting process
Tags: Accounting, E Invoicing, Business, Accounting Software

When you are running a small business, you do not have many people with/under you to get everything done efficiently in time. You have to do much of the work yourself. Some businesses hire people for every kind of work but that can cost them quite a lot. Same is the situation when you are running a large business. Just a little different is that you have a proper accounting department. But still, accounting software can help the accounting staff a lot. It can make their work less, smart, and efficient. The most time taking task in any business is the accounting part. A simple solution to that is accounting software. It saves you time as everything is automated and saves you the salary cost as well. You can access your financial data anytime on any device with an internet connection. You can send invoices, access your pay-slips, view your unpaid invoices on your mobile, and make notes on the go. You do not have to keep records on a bunch of papers. All of your data is saved in the cloud and it is just one click away from you making it easy for you to access whenever you want. You do not have to go through a load of papers to find one document. Dashboards in accounting software can give you insight into your business’s financial situation. You can monitor in real-time your bank balances, invoices, and bills and compare year-over-year results. This can help you make informed decisions and grow your business.

Ola Books is a complete package for every accounting-related problem you can have while running a business. It gives you all the advantages described above. You can get to enjoy the flexibility of being able to manage your financial tasks from anywhere, anytime you want. You can also integrate different apps and tools into your accounting software.

#Switch to Ola Books.

For more information, visit https://www.olabooks.co/
Golden Rules Of Accountancy
By: Akhileshwar Dubey
Tags: Accounting, E Learning Solutions

Personal Account: Personal accounts are maintained for persons. A person can be a human being or an artificial person or an entity having a separate legal entity.

EXP:- Persons, firms, organizations, and institutes are all personal accounts.

Debit the receiver of benefits Credit the giver of benefits.

Numerical Example:

1) Cash received from Akhil

Cash A/C Dr. …….

To Akhil’s A/c ………

2) Cash Paid to suraj pvt. Ltd.

Suraj pvt. Ltd a/c Dr. ……….

To Cash a/c ……

Real Account:

Real accounts are used to maintain a complete record of assets. The assets come through purchase and are released out of the business through its sales.

Debit what comes in, credit what goes out.

1. Furniture is purchased for cash.

Furniture a/c Dr. ………

To Cash a/c …………

2. Old machinery is sold for cash.

Cash a/c Dr. ………

To Machinery a/c ……….

Nominal Account :

Nominal accounts are used to record expenses and losses and Incomes and gains.

Debit all expenses and losses Credit all incomes and gains.

1. Rent paid by the firm

Rent a/c Dr ………

To cash/bank a/c ……..

2. Commission is received by firm.

Cash a/c Dr ……..

To Commission Received A/c ……
What is ERP?
Tags: Accounting, CRM, Supply Chain, Enterprise Erp, Cloud Erp

ERP stands for “Enterprise Resource Planning” and refers to a type of software or system used by a company to plan and manage daily activities such as HR, supply chain, manufacturing, services, financials, and other processes. In simple words, ERP is the bunch of Modules or departments which are linked with a proper process.

Using good ERP software properly, a company can improve & optimize the majority of their business process, which are implemented in various aspects of the company’s work. The company can set it up according to their requirements & personal preferences. Mostly below given modules are covered in ERP.

Finance

Procurement

Manufacturing

Inventory

Purchase

Warehouse / Store

CRM (Customer Relationship Management)

Service

Sales

HR

Others

From ERP 1.0 to 2.0

Journey of ERP is improvising day by day. From starting, From the beginning, companies were doing manual process for all their routine activities. Later on they Improvised with technology. Nowadays, in the era of stiff competition all companies have to stay updated with on hand analytical data.

Key benefits of ERP implementation

There are certain benefits of ERP implementation.

Reduction in Operating Cost: By using good ERP Software, companies can reduce the operating costs for their daily activities.

Facilitation of day-to-day management: Getting data easily to manage all processes with ERP.

Strategic Planning Support: Company can do their strategic plan for their day-to-day processes.

Now Is the Right Time to Modernize Your ERP

In the digital era, now every human or every company have to move on so fast, faster & constant to retain their position. Every technological change have to apply in day to day process to make things easier & faster.

Characteristics of Today’s Modern ERP

Types of ERP by Implementation

Three ways to implement any ERP.

On-Premise ERP: On-Premise ERP means software installed within the working area. One big drawback of this kind of ERP is its limited accessibility. Cloud Base ERP: Any ERP Software-as-a-Service (SaaS) which is available over a Cloud-hosting service rather than on-premise deployment. This option lets you access real-time data as long as you have Internet access and is suitable for large enterprises. Hybrid ERP: Enterprise resource planning systems that blend on-premise and Cloud-based deployment.

Advantages of ERP: Is it worth developing new software?
Accountants Can Help Drive the Move to Sustainability
Tags: Online Business, Accounting, Online Marketing, Bussiness Website

Accountants Can Help Drive the Move to Sustainability

A primary role of the accountant is to protect the interests of their clients and to provide them with sound financial advice. Financial advice in this context is about making the right decisions about money for the future. In this regard, accountants have a key role to play in helping companies and individuals make the transition to a low carbon economy. However, accountants have a somewhat different role to play in helping drive the move to sustainability.

The accounting profession is coming to terms with the fact that it needs to change in order to help society become more sustainable. This is the view of Gary Carpenter, an accounting professor at Arizona State University. According to Carpenter, there are several ways in which accounting can help to drive this move. For instance, he feels that accountants should advise their clients on how they can go about being more sustainable in their business activities.

Accounting is a service industry that assists organisations in better managing their business. It is an essential need for every business in order to provide transparency to the organisation. With the world moving towards sustainability, it is important for all businesses to keep in line with these environmental policies to ensure the business is not only sustainable but also profitable. One of the most effective ways to make a business sustainable is to make it green.

The world is waking up to the fact that we are in the midst of a global environmental crisis, one that is taking its toll on our society and environment. There are many reasons for this crisis, but one of the main reasons is an economic system that is driven by greed and consumerism. We are all born with an innate desire to want more and more, but there is a limit to what our planet can provide us. The developed world has reached that limit, and unfortunately, the undeveloped world is not that far behind.
Nonprofit Accounting Software: Guide to Demonstrating Accountability
By: Joseph Scarano
Tags: Software, Accounting, Nonprofits

Nonprofits and government agencies need nonprofit accounting software to demonstrate accountability and compliance. Let’s take a deep dive into what you need to know in choosing the most compliant software.

A compliant nonprofit accounting software system tracks revenue to a designated purpose and prevents misuse of donations.

If a nonprofit wants to be compliant with GAAP and FASB 116/117, all of their funds must be grouped into two categories of net assets: (1) without donor restrictions and (2) net assets with donor restrictions, which replace the three former categories of unrestricted, temporarily restricted and permanently restricted net assets. To be GAAP-compliant, nonprofits only need two funds to report on the breakdown of net assets on IRS form 990.

Nonprofit Accounting Software Identifies Who, What and Why

In order to fully understand why nonprofits need nonprofit accounting, you need to understand three fundamental questions:

Who is the source of revenue? What is the designated purpose? Why nonprofits need to classify revenue?

1. Who is the source of revenue?

Who identifies the source of revenue and provider of services and expenses. This is know as donor designated revenue. Who is donating or granting funds to the nonprofit? Who is the nonprofit paying expenses, such as salaries, payroll taxes, services, rent, utilities?