December 16, 2021

What Is Financial Ratio Analysis?

We must compare it to historical values within the same company, or ratios of similar firms. With financial leverage ratios, we can get a better […]
September 6, 2022

Cost of Goods Manufactured COGM Formula + Calculator

For that month, COGM could be substantial, whereas COGS is zero because no sales were generated. In spite of the similarities in the names, the cost […]
September 15, 2022

What is a Mixed Cost? Definition, Formula, Example, and Importance

However, mixed costs also have drawbacks, such as difficulty in forecasting and budgeting errors. Therefore, businesses should be aware of the potential pitfalls when dealing with […]
November 24, 2022

What Financial Statement Lists Retained Earnings?

A statement of retained earnings details the changes in a company’s retained earnings balance over a specific period, usually a year. Positive retained earnings signify financial […]
December 20, 2022

12 Best Kansas City Bookkeeping Services

Yes, you’re free to switch plans or cancel at any time. Our services are available on a subscription basis. We help company’s financial activities and operations […]
March 29, 2023

Accounting Journal Entries: Definition, How-to, and Examples

Here are numerous examples that illustrate some common journal entries. Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. Start with […]
August 21, 2023

How to Calculate Break Even Point Units and Sales Dollars

Fixed Costs – Fixed costs are ones that typically do not change, or change only slightly. Examples of fixed costs for a business are monthly utility […]
November 27, 2023

Provision accounting Wikipedia

Keep in mind that this principle only applies to businesses using accrual accounting. You can not fully understand the concept in the deferred tax liability unless […]
February 7, 2024

Deferred revenue: Is it a liability & how to account for it?

Here, payments are received upfront for services rendered over time, necessitating careful accounting. The accounting for deferred revenue involves a debit to the cash or accounts […]