Content Vertical vs horizontal analysis Vertical Analysis Formula and Purpose Common size income statement analysis Vertical (common-size) analysis of financial statements Common Size Analysis: Formula, Examples and What It Can Tell You How do you calculate the vertical analysis? Another form of financial statement analysis used in ratio analysis is horizontal analysis or trend analysis. […]
Category Archives: Bookkeeping
Content Let’s demystify one of the most important documents investors should be aware of. Assets Liabilities Non-Current (Long-Term) Assets Business News Who Uses Balance Sheets? Limitations of a Balance Sheet Long-term assets (or non-current assets), on the other hand, are things you don’t plan to convert to cash within a year. Assets expected to be […]
Content Account receivables valuation: Direct write off method and Allowance method Where the Term Direct Write-Off Method Originated From – Introduction to the Direct Write-Off Method for Beginners Is Bad Debt an Expense or a Loss? Advantages of using the direct write-off method Uncollectable Accounts: Direct Write-off Method Disadvantages of the direct write-off method You […]
Content Choose From 10+ Customizable Accountant-Contractor Resume templates Staff / Senior Tips to help you write your Staff Accountant resume in 2023 Score My Resume In-House Accountant/ Financial Administrator Resume Examples & Samples Marketing Consultant & Freelance Bookkeeper Assistant Accountant Waterford Contract Tips to help you write your Tax Accountant resume in 2023 For example, […]
Content The importance of knowing the total asset turnover ratio Example of how to use the asset turnover ratio Asset Turnover Ratio Video Examples of companies using JIT Fixed Asset Turnover Formula It is Inclusive of Idle Assets Limitations of Using the Asset Turnover Ratio We also reference original research from other reputable publishers where […]
Content Best Tax Software For The Self-Employed Of 2022 Cornell University Payroll Office Online Box 5: Medicare wages and tips Box 2: Federal income tax withheld This box is checked when an employee is an active retirement plan participant (CU 401 Retirement Plan or the Public Employees’ Retirement Association Retirement Plan) for any part of […]
If your goal is to show larger profits and more assets on your financial statements, you want to reduce your costs of goods sold and increase your inventory value. Assuming that costs generally rise, FIFO will typically be more advantageous. All three inventory cost methods are typically allowed under Generally Accepted Accounting Principles, but you […]
Content Management accounting Concepts and techniques Management Accounting: Explanation Traditional versus innovative practices Design Analysis and Synthesis Managerial Accounting Examples Management Accounting What are the objectives of management accounting information? Therefore, accounting professionals must be a part of the top decision-making process. In essence, they provide the technical depth of accounting while also providing broad […]
Content General FAQs on Marginal Costs Marginal Cost Example Marginal Cost Behavior How to find marginal revenue Where do marginal and average costs meet? How to calculate marginal cost What Is the Marginal Cost Formula? (Calculation + Examples) Fortunately, Synario solves this challenging problem for CFOs and their finance teams. Custom formulas and ratios (like […]
Content Accounting Newbie? What is considered a prepaid expense? prepaid rent journal entry How Do Prepaid Expenses and Accrued Expenses Vary? Cash Forecasting Software Um so if that is the first entry, we make the rent expense and the cash. Say we keep our books in cash and then we adjust it to accrual basis. […]