Accountants

Does backup withholding apply to your earnings? Find out when it’s used

Find out how the weighted average cost method works and how to use it

Find out more about the generally accepted auditing standards (GAAS)

Find out what transfer pricing is and what it means for your business

Discover the definition and calculations behind adjusted gross income

Contra and barter transactions can be beneficial for business. Here’s how

Find out how to calculate marginal revenue and why it’s so important

Learn why the gearing ratio metric matters to investors

Believe it or not, there are advantages to having zero balance

A suspense account is essential for holding unknown amounts

What are sinking funds? Find out everything you need to know, right here

Learn how to take your finances seriously with double-entry bookkeeping

Find out if the accelerated depreciation method makes sense for your business

An internal audit could keep your business on track. Here’s how.

Is the retail inventory method useful for your business?

Reserves are profits that have been set aside for a specific purpose

Operating leverage reveals what percentage of your total costs are fixed

Aging reports for accounts receivable can help improve your financial health

A compliance audit can keep your business above board. Here’s how

Is it time for your business to undergo an operational audit? Find out here.

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