Accounting
![What Is Absorption Costing?](https://images.ctfassets.net/40w0m41bmydz/3BK7XcG1RXW5YCoY1q3Afq/e422c813bf6aaa04517858b88765eaf0/CDT-878_Organic_content_thumbnail_accounting_02.png?w=680&h=384&q=50&fm=png)
Learn how to work out absorption costing with our definitive guide
![What Are Accrued Liabilities?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/7af330ebe1010da27970030e511a7e3e/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Accrued liabilities are expenses you’ve incurred but haven’t been billed for
![How to Improve Your Billing Process](https://images.ctfassets.net/40w0m41bmydz/3eElXT4dImlsLYjGKImZNx/de6a19da14248695818209a2bac9cc6e/CDT-878_Organic_content_thumbnail_accounting_04.png?w=680&h=384&q=50&fm=png)
Improve your company’s customer billing process with five simple steps
![What are basic accounting adjusting entries?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/7af330ebe1010da27970030e511a7e3e/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Adjusting entries let you adjust revenues and expenses to the correct period
![What is bank reconciliation?](https://images.ctfassets.net/40w0m41bmydz/3BK7XcG1RXW5YCoY1q3Afq/e422c813bf6aaa04517858b88765eaf0/CDT-878_Organic_content_thumbnail_accounting_02.png?w=680&h=384&q=50&fm=png)
Learn how to do bank reconciliation, step by step, with our handy guide
![Designing payment flows for Strong Customer Authentication (SCA)](https://images.ctfassets.net/40w0m41bmydz/3BK7XcG1RXW5YCoY1q3Afq/e422c813bf6aaa04517858b88765eaf0/CDT-878_Organic_content_thumbnail_accounting_02.png?w=680&h=384&q=50&fm=png)
Learn how to design payment flows for Strong Customer Authentication (SCA)
![What Is a Financial Audit?](https://images.ctfassets.net/40w0m41bmydz/3eElXT4dImlsLYjGKImZNx/de6a19da14248695818209a2bac9cc6e/CDT-878_Organic_content_thumbnail_accounting_04.png?w=680&h=384&q=50&fm=png)
Financial audits provide an objective evaluation of your financial position
![What is an onerous contract?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/7af330ebe1010da27970030e511a7e3e/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Onerous contracts are contracts that cost more to fulfil than you’ll get back
![What is frequency distribution?](https://images.ctfassets.net/40w0m41bmydz/3BK7XcG1RXW5YCoY1q3Afq/e422c813bf6aaa04517858b88765eaf0/CDT-878_Organic_content_thumbnail_accounting_02.png?w=680&h=384&q=50&fm=png)
Get the lowdown on frequency distribution tables and graphs, right here
![What is equivalent annual cost (EAC)?](https://images.ctfassets.net/40w0m41bmydz/3eElXT4dImlsLYjGKImZNx/de6a19da14248695818209a2bac9cc6e/CDT-878_Organic_content_thumbnail_accounting_04.png?w=680&h=384&q=50&fm=png)
EAC is the annual cost of owning and operating an asset over its lifespan.
![What Is a Dividend Payout Ratio?](https://images.ctfassets.net/40w0m41bmydz/6eb6wtrFrpjdGUisBaD0MM/27fb194300db3d9a432be44ecab0b158/CDT-878_Organic_content_thumbnail_accounting_03.png?w=680&h=384&q=50&fm=png)
Explore the dividend payout ratio formula in further depth, right here
![What is the interest coverage ratio, and how do you calculate it?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/7af330ebe1010da27970030e511a7e3e/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Get a little more information on interest coverage ratio calculations
![What Is a Budget Deficit?](https://images.ctfassets.net/40w0m41bmydz/3BK7XcG1RXW5YCoY1q3Afq/e422c813bf6aaa04517858b88765eaf0/CDT-878_Organic_content_thumbnail_accounting_02.png?w=680&h=384&q=50&fm=png)
Budget deficits occur when the government’s spending outstrips its revenue
![What is the liquidity coverage ratio?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/7af330ebe1010da27970030e511a7e3e/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Get the lowdown on LCR with our liquidity coverage ratio summary.
![What Is Revenue Recognition?](https://images.ctfassets.net/40w0m41bmydz/6eb6wtrFrpjdGUisBaD0MM/27fb194300db3d9a432be44ecab0b158/CDT-878_Organic_content_thumbnail_accounting_03.png?w=680&h=384&q=50&fm=png)
Revenue recognition helps to identify at what point “cash” becomes “revenue.”
![What Are Assets Under Management (AUM)?](https://images.ctfassets.net/40w0m41bmydz/2YEFkanHJwH4sE2GUT0yqi/e9e10dd2b73d81324bb513390803bb19/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
AUM is the total value of investments an entity manages on behalf of clients.
![What is penetration pricing?](https://images.ctfassets.net/40w0m41bmydz/6xWIJ7Xp1Op74Tc6YycJuT/6cd9c2df38275ea0d3acd91b268eaf7e/CDT-878_Organic_content_thumbnail_retention_04.png?w=680&h=384&q=50&fm=png)
Find out everything you need to know about penetration pricing strategies.
![What Is the Net Sales Formula?](https://images.ctfassets.net/40w0m41bmydz/6eb6wtrFrpjdGUisBaD0MM/27fb194300db3d9a432be44ecab0b158/CDT-878_Organic_content_thumbnail_accounting_03.png?w=680&h=384&q=50&fm=png)
The formula for net sales can provide a clearer picture of your firm’s revenue.
![How to Calculate Marginal Cost](https://images.ctfassets.net/40w0m41bmydz/1Dy5NMHGzJSefbW3T9tATF/c2a49f965c1ca260efbf74fa7de724d5/CDT-878_Organic_content_thumbnail_accounting_03.png?w=680&h=384&q=50&fm=png)
Get the lowdown on the importance of the marginal cost formula.
![What Is Revenue Run Rate?](https://images.ctfassets.net/40w0m41bmydz/2FJ7EXJNWTEbdSvX7G00Ti/253ad9cf94977b6971a01b23164dc548/CDT-878_Organic_content_thumbnail_financial_mgmt_02.png?w=680&h=385&q=50&fm=png)
Revenue run rate is a great way to predict future financial performance.
![What Are Assets in Accounting?](https://images.ctfassets.net/40w0m41bmydz/6eb6wtrFrpjdGUisBaD0MM/27fb194300db3d9a432be44ecab0b158/CDT-878_Organic_content_thumbnail_accounting_03.png?w=680&h=384&q=50&fm=png)
How many types of assets in accounting are there? Find out here.
![Profit and Loss Statement Template](https://images.ctfassets.net/40w0m41bmydz/5tPd8B199ctdFNRAzHZoOk/ad5a3f15b882035bdd70213c06841761/CDT-878_Organic_content_thumbnail_financial_mgmt_04.png?w=680&h=385&q=50&fm=png)
Learn how to make a P&L statement with our profit and loss template for the UK.
![What Is Fair Value Accounting?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/7af330ebe1010da27970030e511a7e3e/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Explore the pros and cons of fair value accounting with GoCardless.
![What are debtors and creditors?](https://images.ctfassets.net/40w0m41bmydz/2YEFkanHJwH4sE2GUT0yqi/e9e10dd2b73d81324bb513390803bb19/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Learn more about the difference between debtors and creditors, right here.