Yes, GAAP (Generally Accepted Accounting Principles) does require companies to maintain an...
Categoria -Bookkeeping
What Does a Bookkeeper Do? What is Bookkeeping
When planning your marketing strategy, it’s important to think about the message you want to send...
Drags and Pulls on Liquidity Overview and Examples
However, sometimes companies face issues with the collection of their commercial credit, for...
EY CFO Miller quit accounting firm in June after spin-off...
Read more about actionable insights for accountants from this year’s report. Generally...
What is the cost of sales?
After you know how to determine the selling price, you can work out the GPMT of your business...
What are tangible assets?
“To some degree, liquidity is a reflection of short-term strength, flexibility, and ability...
How to Create an Accounting Journal Entry
IAS 41 was originally issued in December 2000 and first applied to annual periods beginning on or...
How to Calculate Average Inventory?
You can extend this formula to cover longer periods, like adding up the inventory at the end of...