Kategória: Bookkeeping

What is Liquidity and Why Does it Matter to Businesses?

Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master’s in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. He …

What is Liquidity and Why Does it Matter to Businesses? Čítajte viac »

EBITDA Margin: What It Is, Formula, How to Use It

D&A is heavily influenced by assumptions regarding useful economic life, salvage value, and the depreciation method used. Because of this, analysts may find that operating income is different than what they think the number should be, and therefore D&A is backed out of the EBITDA calculation. For example, if a company has a large amount of depreciable equipment (and …

EBITDA Margin: What It Is, Formula, How to Use It Čítajte viac »

Sales tax returns: Do I enter gross sales for entire biz or just the state I’m filing in?

Gross sales are the grand total of sale transactions within a certain time period for a company. Net sales are calculated by deducting sales allowances, sales discounts, and sales returns from gross sales. Gross sales can be an important tool, specifically for stores that sell retail items, but it is not the final word in …

Sales tax returns: Do I enter gross sales for entire biz or just the state I’m filing in? Čítajte viac »

GAAP vs IFRS: 6 Differences Between Accounting Standards 2023

In the United States, since IFRS is the driving force behind the convergence of accounting standards, a knowledge of the key facets of IFRS is helpful to understand the future direction of accounting. According to both IFRS and GAAP, goodwill arises only in a business combination. Until the early 2000s, goodwill was amortized, but changes …

GAAP vs IFRS: 6 Differences Between Accounting Standards 2023 Čítajte viac »

SOLUTION: Rules of Debit and Credit Quiz

We follow strict ethical journalism practices, which includes presenting unbiased information and citing reliable, attributed resources. The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided …

SOLUTION: Rules of Debit and Credit Quiz Čítajte viac »