Author: Tom Suozzi
Thomas Richard Suozzi (born August 31, 1962) is an accomplished U.S. politician and certified public accountant with extensive experience in public service and financial management. He is known for his pragmatic approach to fiscal policy and governance.
Month End Reconciliation: Ensuring Accurate Financial Statements
Discover the importance of month end reconciliation in finance. Learn best practices to ensure accurate financial reporting and maintain regulatory compliance.
Related Party Transactions: Essential Insights for Financial Disclosure
A related-party transaction occurs when business deals involve parties with pre-existing relationships. Learn about disclosure requirements and potential conflicts of interest.
Consistency Principle in Accounting: Ensuring Reliable Financial Reporting
The consistency principle requires companies to follow the same accounting methods and practices from one period to the next for meaningful comparisons.