Strawn and Associates

Small business owners — do you still keep your bookkeeping the old-fashioned way?

📂 Paper files
📧 Endless email attachments
📅 In-person meetings

Modern bookkeeping can be simpler, faster, and more secure.

Swipe to see how remote bookkeeping benefits your business.

So true.

5 Major Elements of Accounting.
Let us help you get your books ready for taxes!

How GAAP Relates to Bookkeeping

Bookkeeping is where GAAP comes to life.

📌 Bookkeeping is the daily process
📌 GAAP is the standard it should follow

When bookkeeping follows GAAP:

Income and expenses are recorded in the correct period

Assets and liabilities are properly classified

Financial statements reflect reality, not guesswork

Reports can be trusted for taxes, loans, and decisions

Without GAAP-compliant bookkeeping, financial statements may look fine—but tell the wrong story.

Why GAAP Matters for Small Businesses

Even if GAAP isn’t legally required for your business, it:
✔️ Creates cleaner books
✔️ Makes financial decisions easier
✔️ Supports growth, funding, and planning
✔️ Reduces surprises at tax time

Good bookkeeping isn’t just organized—it’s intentional.