Accounting

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

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

Get a little more information on interest coverage ratio calculations

Budget deficits occur when the government’s spending outstrips its revenue

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.

Find out everything you need to know about penetration pricing strategies.

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.

Revenue run rate is a great way to predict future financial performance.

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

Learn how to make a P&L statement with our profit and loss template for the UK.

Explore the pros and cons of fair value accounting with GoCardless.

Learn more about the difference between debtors and creditors, right here.