Accounting

Discover basic accounting principles to report and record transactions.

We explain long-term liability and how it factors into your business finances

According to the Pareto rule, causes and effects aren’t equally distributed.

We explore the difference between fixed and variable costs in accounting

Find out how the billing process works in detail

Find out how the opening balance and closing balance are calculated

We explore revenue. The raw material from which your profits are made!

We explain how offsets work and provide practical examples

Discover the meaning of depletion, in simple terms

How do current liabilities work? Find out more

Learn about fixed charges, including the fixed charge coverage ratio

Learn about tangible assets and how they are valued

Discover the pros and cons of preferred stock compared with common stock

Create a statement of operations to gauge the state of your business

Find out if common stock is the right investment for you

Could crowdfunding platforms provide financing for your next project?

Accounting ledger books form the foundation of your financial statements.

We explore different accounting systems and why they’re essential for businesses

Find out which tax bracket you fall into and what you can expect to pay

Find out your main options when it comes to retained profit in business.

Explore non-current liabilities examples you might see on the balance sheet.

Discover how to record petty cash transactions in your business accounts.

Are your client’s KPI metric the most efficient? Find out how to choose

Keep on top of the latest developments around UK VAT rates