Accountants

The accounting cycle is something every business needs to know.

Understand the key IFRS vs. GAAP differences with our comprehensive guide

How many types of assets in accounting are there? Find out here.

LIFO assumes that the last item of inventory purchased will be the first sold

Income statements are one of the most important financial documents

Learn how to work out absorption costing with our definitive guide

Accrued liabilities are expenses you’ve incurred but haven’t been billed for

Improve your company’s customer billing process with five simple steps

Adjusting entries let you adjust revenues and expenses to the correct period

Learn how to do bank reconciliation, step by step, with our handy guide

Financial audits provide an objective evaluation of your financial position

Addenda records are a type of ACH record. Read on to find out more

Onerous contracts are contracts that cost more to fulfil than you’ll get back

Get the lowdown on frequency distribution tables and graphs, right here

EAC is the annual cost of owning and operating an asset over its lifespan.

Explore the dividend payout ratio formula in further depth, right here

Excise tax is an indirect tax on specific goods and services, like alcohol

Learn how to do a MACRS depreciation calculation with our simple guide

Get a little more information on interest coverage ratio calculations

Get the lowdown on LCR with our liquidity coverage ratio summary.

Revenue recognition helps to identify at what point “cash” becomes “revenue.”

AUM is the total value of investments an entity manages on behalf of clients.

The formula for net sales can provide a clearer picture of your firm’s revenue.

Get the lowdown on the importance of the marginal cost formula.