To facilitate this, an accounting firm can open a client portal where clients can interact and share important financial data related to the company. Additionally, for a…
What is Current Liabilities? Types, How to Calculate & Examples
A non-current portion of loans scheduled to be paid in more than 12 months from the reporting date is treated as non-current liabilities in the balance sheet….
6 7 Classification of cash flows
Regulatory frameworks cash flow from financing activities like Basel III for banks also influence financing decisions by enforcing limits on leverage and requiring capital adequacy. Financing activity…
The 3 statement financial model: Income, balance sheet, and cash flow
These decisions will impact multiple parts of the model, including interest expense and cash position. These include all types of expenses, including sales, marketing, and operating expenses….
The origins of white collar vs blue collar
A blue-collar worker is a person who performs manual labor or skilled trades. ] Blue-collar work often involves something being physically built or maintained. In social status,…
What is an Outlier? Definition and How to Find Outliers in Statistics
Further, let us apply the Turkey rule to find the outlier. We can now observe how the outlier creates a variation in the mean value of the…
What’s the Total Equity of a company?
So, the average total equity is $102,252 which we can use to calculate the return on equity ratio. Average total equity is the average carrying value of…
Sleep Like A King, Earn Like A Pro: 2 Big Dividend Ideas For Income And Wealth
It’s important for us to remind new investors that tax laws are subject to change, and strategies that are advantageous today may be less so in the…
Manufacturing Overhead Understanding Indirect Production Costs
Manufacturing overhead is referred to as indirect costs because it’s hard to trace them to the product. That overhead absorption rate is the manufacturing overhead costs per…
Seattle Small Business Accountant
Collaborate with our specialists to ensure accurate compliance with all regulations, maximizing deductions and credits from your tax plan. We believe in strategic financial planning to optimize…