ContentEconomicsWhy Accounting Is ImportantReference Video – Why Is Accounting Called the Language of Business?Why Learn Accounting? 6 BenefitsWhy is Accounting the Language of Business?Adjusting Trial Balance It helps to deal with the complex taxes and keeps a complete record of the financial activity. Accounting is the process of keeping track of your business’s financial transactions. [...]

ContentAdvantages of an Outsourced CFOIs My Business Big Enough for CFO Services?Case Study – A Private EMS Company Brings in Outsourced Team to Assist with Significant GrowthHow do you know when it’s time to hire a CFO? Fractional CFOs can also work with businesses that have taken advantage of one of the pandemic relief programs. [...]

Junk bonds have higher yields and lower prices than other corporate bonds because there is elevated risk. This is usually because the company is losing money or is in a bad financial position. Bonds are issued by a business or a federal, state, or local government to raise capital. “Par value” is the face value [...]

ContentRetained Earnings vs. RevenueWhich items appear on both a statement of retained earnings and a balance sheet?Preparing A Statement Of Retained Earnings - A Business Case:How to Find Retained Earnings on the Balance Sheet?What’s the difference between retained earnings and revenue? Owners' equity or shareholders' equity is what's left after you subtract all the liabilities [...]

ContentWhat to look for in an income statementDetermine the Starting BalanceDo Companies Need to Report a Cash Flow Statement?How to Prepare a Cash Flow StatementCash Flow Statement Indirect MethodMotley Fool Investing PhilosophyCash Flow Analysis: The Basics As a business owner, those things are important to know when shaping your strategic plan. When cash flows into [...]

ContentAccountingHoursOffice Technician - Accounting - Central Office'Supporting Your Future'Our ServicesAccountant - Accounts Payable - Full TimeSj Bookkeeping Services Accurate financial information allows you to make sound financial decisions. Small mistakes or oversights can have significant financial consequences. Having confidence in your financial information means you can make major financial decisions with peace of mind. Working [...]

ContentTracking for historical book/tax differences is goneExample: Straight-line rent expense calculationTypes of concessions applying the practical expedientCOVID 19: Accounting for lease modifications If an application is denied and an applicant is unable to move into the home, the holding fee and security deposit are refunded. Any fees paid are forfeit if an applicant is approved, [...]

ContentWhat does it mean for a company to have high retained earnings?Which items appear on both a statement of retained earnings and a balance sheet?Statement of retained earningsFormat of the statement of retained earningsRecord the previous year’s balance. If you own a sole proprietorship, you’ll create a statement of owner’s equity instead of a statement [...]

ContentS1 Supplementary Material. This file contains figures F1-F7.accounting as an information systemInteractionsisCompleteProfile ? "Setup your profile before Sign In" : "Profile"Further reading As proximity scores between distant-ranked dyads decreased at increased LPS, there are simply less opportunities to direct aggression to distant-ranked individuals. In this section we present the results concerning reciprocity, affiliative partner selectivity [...]

For example, a company may compare the receivables turnover ratios of companies that operate within the same industry. In this example, a company can better understand whether the processing of its credit sales are in line with competitors or whether they are lagging behind its competition. The numerator of the accounts receivable turnover ratio is [...]