Parts of an Income Statement, part 1 Parts of an Income Statement, part 1 Reviewed by br on Oktober 05, 2023 Rating: 5

Measuring Costs

Oktober 02, 2023
Measuring profits or net income is the most important thing accountants do. The second most important task is measuring costs. Costs are ext...
Measuring Costs  Measuring Costs Reviewed by br on Oktober 02, 2023 Rating: 5

Types of Costs

Oktober 01, 2023
Direct costs are those costs that cann be directly attributed to a product or product line, or to one source of sales revenue, or one busine...
Types of Costs  Types of Costs Reviewed by br on Oktober 01, 2023 Rating: 5

About GAAP

September 30, 2023
 While many businesses assume that accountants are bound by generally accepted accounting practices and that these are inviolate, nothing co...
About GAAP About GAAP Reviewed by br on September 30, 2023 Rating: 5

Budgeting

September 29, 2023
 Ugh, budgeting is one of those topics we'd rather avoid, but in business, it's an absolute necessity. To prepare a reasoned and tho...
Budgeting Budgeting Reviewed by br on September 29, 2023 Rating: 5

What is a sole proprietorship?

September 28, 2023
A sole proprietorship is the business or an individual who has decided not to carry his business as a separate legal entity, such as a corpo...
What is a sole proprietorship? What is a sole proprietorship? Reviewed by br on September 28, 2023 Rating: 5
What are partnerships and limited liability companies? What are partnerships and limited liability companies? Reviewed by br on September 27, 2023 Rating: 5

What is a corporation?

September 13, 2023
 Most businesses start out as a small company, owned by one person or by a partnership. The most common type of business when there are mult...
What is a corporation? What is a corporation? Reviewed by br on September 13, 2023 Rating: 5

What is financial window dressing?

September 12, 2023
Financial managers can do certain things to increase or decrease net income that's recorded in the year. This is called profit smoothing...
What is financial window dressing? What is financial window dressing? Reviewed by br on September 12, 2023 Rating: 5

Disclosure

September 11, 2023
 Financial statements are the backbone of a complete financial report. In fact, a financial report is not complete if the three primary fina...
Disclosure Disclosure Reviewed by br on September 11, 2023 Rating: 5

What happened at Enron?

September 10, 2023
 Everyone knows at least a little about the Enron story and the devastation it created in the lives of is employees. It's a story that b...
What happened at Enron? What happened at Enron? Reviewed by br on September 10, 2023 Rating: 5

What is the Sarbanes-Oxley Act?

September 09, 2023
 The Sarbanes-Oxley Act of 2002 is a United States federal law passed in response to the recent major corporate and accounting scandals incl...
What is the Sarbanes-Oxley Act? What is the Sarbanes-Oxley Act? Reviewed by br on September 09, 2023 Rating: 5

Who uses forensic accountants?

September 07, 2023
Forensic accounting financial investigative specialists work with financial information for the purpose of conveying complicated issues in a...
Who uses forensic accountants? Who uses forensic accountants? Reviewed by br on September 07, 2023 Rating: 5
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