Pricing Objectives
2021-09-02
Pricing objectives are the underlying goals that guide a company in determining the cost of its products or services to customers to maximize profit.Full Article
Choosing the Best Depreciation Method for Machinery
2021-08-19
Depreciation is a tax-deductible expense. It is vital to choose the best depreciation method for machinery to fully realize its benefits.Full Article
How Financial Statements Are Helpful?
2021-06-20
How financial statements such as Income Statement, Balance Sheet, and Statement of Cash Flows are helpful to business owners, employees and investors?Full Article
Inconsiderate Embezzling from a Partnership
2021-06-20
When a partner is entrusted with partnership assets and wrongfully takes them for himself without permission, it is considered embezzling in a partnership.Full Article
Bonds: Term Vs. Callable
2021-06-08
Bonds: Term Vs. Callable Bonds are debt securities, similar to an IOU. Borrowers issue bonds to raise money from investors willing to lend them moneyFull Article
Debt and Equity Financing
2021-06-08
Debt and Equity financing is the process of raising capital through the sale of fixed-income products to investors. Full Article
Direct Credit to Customers: Is this a Risk worth taking?
2021-06-07
Is giving direct credits to customers a worthy risk for small businesses? A business needs to decide whether this is a risk worth taking.Full Article
Transitioning from Cash Basis to Accrual Basis
2021-05-10
Cash or accrual basis, which one will work best? Transitioning from Cash Basis to Accrual Basis Accounting Method.Full Article
Simple Income Statement
2021-05-09
An income statement is one of three company’s core financial statements. Simple Income Statement’s main aim is to show the company’s profit and loss over a given period. Full Article
Accounting and Organizational Internal Controls
2021-04-23
Accounting and organizational internal controls are an essential part of an organization that manages risks and prevent fraud.Full Article