At Finance Strategists, we partner with financial experts to ensure the accuracy of our financial content. The current ratio can be expressed in any of the following three ways, but…

These advancements help accounting professionals improve efficiency, accuracy, and collaboration, allowing them to focus on delivering value-added services to their clients. The history of accounting can be traced back to…

Federal tax returns must comply with tax guidance outlined by the Internal Revenue Code (IRC). Learners are advised to conduct additional research to ensure that courses and other credentials pursued…

Most entrepreneurs and small business owners are prepared to pay their fair share in federal income taxes, but none want to pay more than they actually owe. Understanding and claiming…

You’ll also need to give them descriptions of any established capitalization or accounting policies for your business. They can also send PDF copies of key financial reports including your profit…

Yardi Breeze Premier offers a handful of plugins like utility billing and maintenance request tracking. For full-fledged customization, and complete access to their organic revenue growth definition library of hundreds…

Many companies prefer using LIFO Liquidation as compare to the FIFO Inventory. It might be tempting for the reason of understating income and tax evasions. But it is not a…

He really rallied everyone around this theory that fast decisions, unless they’re fatal, are always better. I can be a little too “pedal to the metal” at times, and sometimes…

Some of the possible charges include ATM transaction charges, check-printing fees, overdrafts, bank interest, etc. The charges have already been recorded by the bank, but the company does not know…

You can use this average collection period information to compare your company’s receivables turnover time with that of other companies in your industry. Average accounts receivable is used to calculate…