Though the accounts listed may vary due to the different nature of a nonprofit organization, the statement is still divided into operating, investing, and financing activities. […]
One of the most distinctive features of financial accounting, especially when compared to managerial accounting, is compliance with accounting standards. Financial accounting prepares financial statements in […]
Of course, it would be incredibly difficult, not to mention expensive, to track each individual item. Lot number control is the ability to track all the […]
The need for recording accrued vacations gave birth to a vacation accrual journal. This article outlines a step-by-step method of calculating and recording accrued vacation. Accrued […]
Companies of all sizes repurchase outstanding shares of their stock for a variety of reasons. It can help boost share prices or save some shares as […]
By entering your transactions, you can get a better picture of how your business is doing. Adding income and expenses is incredibly easy; all you have […]
If you want to save time, why not use our free full time equivalent calculator template for excel to easily work out your company’s FTE. Information […]
With an accurate record of all transactions, you can easily discover any discrepancies between financial statements and what’s been recorded. This will allow you to quickly […]