25 Apr

FRS 102 bears more than a passing resemblance to the International Financial Reporting Standard for SMEs,…

There are many reasons why accounting is being outsourced more commonly by different types of businesses…

In any type of businesses, an accountant is needed. You have to consider that accounting…

It might seem obvious, but in managing a business, it’s important to understand how the business…

While many businesses assume that accountants are bound by generally accepted accounting practices and that these…

A public corporation is a business whose securities are traded on the public stock exchanges, such…

The price/earning (P/E) ratio is another measurement that’s of particular interest to investors in public businesses.…

Publicly owned companies must report earnings per share (EPS) below the net income line in their…

It’s obvious financial statement have a lot of numbers in them and at first glance it…

While some lines of an income statement depend on estimates or forecasts, the interest expense line…

Of course profit and cost of goods sold expense are the two most critical components of…

The first and most important part of an income statement is the line reporting sales revenue.…

Direct costs are those costs that can be directly attributed to a product or product line,…

Budgeting is one of those topics we’d rather avoid, but in business, it’s an absolute necessity.…

A sole proprietorship is the business or an individual who has decided not to carry his…

Some business owners choose to create partnerships or limited liability companies instead of a corporation.…

Most businesses start out as a small company, owned by one person or by a partnership.…

Financial managers can do certain things to increase or decrease net income that’s recorded in…

Financial statements are the backbone of a complete financial report. In fact, a financial report is…

When a corporation deliberately conceals or skews information to appear healthy and successful to its shareholders,…

Everyone knows at least a little about the Enron story and the devastation it created in…

Forensic accounting is the practice of utilizing accounting, auditing, and investigative skills to assist…

Accountants and auditors help to ensure that the Nation’s firms are run efficiently, its…

Building a financial cushion for your business is never easy. Experts say that businesses should have…

Another portion of the statement of cash flows reports the investment that the company took during…

In an accountant’s reporting systems, depreciation of a business’s fixed assets such as its buildings, equipment,…

Depreciation is a term we hear about frequently, but don’t really understand. It’s an essential component…

Inventory is usually the largest current asset of a business that sells products. If the inventory…

A balance sheet is a quick picture of the financial condition of a business at a…

It would probably be ideal if business and life were as simple as producing goods, selling…

Making a profit in a business is derived from several different areas. It can get a…

Accountants are responsible for preparing three primary types of financial statements for a business. The income…

If you have a checking account, of course you balance it periodically to account for any…

Most people probably think of online bookkeeping and Remote accounting as the same thing, but online…

It might seem like a no-brainer to define just exactly what profit and loss are. But…

There are many different careers in the field of accounting ranging from entry-level bookkeeping to the…

So what goes on the accounting and bookkeeping departments? What do these people do on a…

If everyone involved in the process of accounting followed their own system, or no system at…

Accounting has been defined as, by Professor of Accounting at the University of Michigan William A…

Anyone who’s worked in an office at some point or another has had to go to…

Before asking for the GST we need to understand what is tax , what…

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12 May

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25 Apr

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25 Apr

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21 Apr

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been…

14 Apr

FRS 102 bears more than a passing resemblance to the International Financial Reporting Standard for SMEs,…

12 Mar

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been…