If retainage is withheld on any of your projects, you need to track it separately from Accounts Receivable. Smaller contractors can face significant cash flow challenges due to retainage, as …
It’s important to note that period costs are not included in full absorption costing. In other words, a period cost is not included within the cost of goods sold (COGS) …
Comparing Net Profit Margin to Gross Profit MarginGross profit margin is another essential profitability metric that calculates how much gross profit is generated as a percentage of revenues. The gross …
Accounting automation software helps automate mundane clerical tasks, thus helping you save on costs. When using accounting software, you do not require to invest in a large accounting team to …
Beyond just creating budgets, your accountant can help you with forecasting, analyzing key performance indicators (KPIs), and developing a financing strategy. Your accountant can help look at the “big picture,” …
When used to calculate a company’s financial leverage, the debt usually includes only the Long Term Debt (LTD). The composition of equity and debt and its influence on the value …
If you’re employed, there is something quick and easy you can do to correct these situations. You can actually request that your employer make changes to your federal tax withholding …
Once your company reaches this point one of our Part-Time CFO professional financial managers can work with you to help guide your business to success. We hire and retain the …
The higher a profitability index means a project has benefits and would be considered more attractive. It can be very helpful in ranking potential projects in order to let investors …
On May 1st, one of Company B’s electronic devices was found defective and overheated until the product went up in flames. The customer of the product took to the media, …
Our graduates have gained employment at a wide range of companies and organizations across industry sectors worldwide. Acquire the foundational financial training and critical thinking skills that make certified public …
The main idea behind the double-entry basis of accounting is that Assets will always equal liabilities plus equity. Liabilities include amounts which a company owes to another party. Like assets, …
It is a key indicator of a company’s profitability and is widely used by investors to assess its financial performance and compare it with others in the market. Higher EPS …
For example, there are going to be crucial differences between the structure of an employment contract and an NDA. Still, most experts agree that it’s all too easy for parties …
