Accounting

Learn why the gearing ratio metric matters to investors

Forensic accounting helps sniff out financial crime

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

Management accounting is something every business needs

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

Tax payments made late or too early count as deferred tax on the balance sheet.

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

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

Operating leverage reveals what percentage of your total costs are fixed

See our consolidated financial statement definition

Aging reports for accounts receivable can help improve your financial health

Interim reports are financial statements for periods of less than one year.

The accounting cycle is something every business needs to know.

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

Learn how to design payment flows for Strong Customer Authentication (SCA)

Financial audits provide an objective evaluation of your financial position