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Business
» Aaccounting
 Who Uses Forensic Accountants?
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September 07, 2008 - Forensic accounting financial investigative specialists work with financial information for the purpose of conveying complicated issues in a manner th... What Is The Sarbanes-oxley Act?
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September 07, 2008 - The Sarbanes-Oxley Act of 2002 is a United States federal law passed in response to the recent major corporate and accounting scandals including those... What Is The Fasb?
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September 07, 2008 - The FASB is one organization that provides standardized guidelines for financial reporting. The mission of the Financial Accounting Standards Board (F... What Is Price/earnings Ratio
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September 07, 2008 - The price/earning (P/E) ratio is another measurement that's of particular interest to investors in public businesses. The P/E ratio gives you an idea ... What Is Forensic Accounting?
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September 07, 2008 - Forensic accounting is the practice of utilizing accounting, auditing, and investigative skills to assist in legal matters. It encompasses 2 main are... What Is Financial Window Dressing?
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September 07, 2008 - Financial managers can do certain things to increase or decrease net income that's recorded in the year. This is called profit smoothing, income smoot... What Is Earnings Per Share
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September 07, 2008 - Publicly owned companies must report earnings per share (EPS) below the net income line in their income statements. This is mandated by generally acce... What Is Acid Test Ratio And Roa Ratio?
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September 07, 2008 - Investors calculate the acid test ratio, also known as the quick ratio or the pounce ratio. This ratio excludes inventory and prepaid expenses, which ... What Is Accounting Fraud?
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September 07, 2008 - Accounting fraud is a deliberate and improper manipulation of the recording of sales revenue and/or expenses in order to make a company's profit perfo... What Is Accounting Anyway?
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September 07, 2008 - Anyone who's worked in an office at some point or another has had to go to accounting. They're the people who pay and send out the bills that keep the... What Is A Sole Proprietorship?
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September 07, 2008 - 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 corporation, pa... What Is A Corporation?
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September 07, 2008 - 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 multiple owners... What Happened In Corporate Accounting Scandals?
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September 07, 2008 - When a corporation deliberately conceals or skews information to appear healthy and successful to its shareholders, it has committed corporate or shar... What Happened At Enron?
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September 07, 2008 - 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 belongs in any d... What Does An Audit Report Contain?
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September 07, 2008 - Most audit reports on financial statements give the business a clean bill of health, or a clean opinion. At the other end of the spectrum, the auditor... What Does An Audit Do?
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September 07, 2008 - If a business breaks the rules of accounting and ethics, it can be liable for legal sanctions against it. It can deliberately deceive its investors an... What Are Partnerships And Limited Liability Companies?
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September 07, 2008 - Some business owners choose to create partnerships or limited liability companies instead of a corporation. A partnership can also be called a firm, a... What Are Other Ratios Used In Financial Reporting
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September 07, 2008 - The dividend yield ratio tells investors how much cash income they're receiving on their stock investment in a business. This is calculated by dividin... What Are Independent Auditors?
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September 07, 2008 - Indpendent CPA auditors are like referees in the financial reporting arena. The CPA comes in, does an audit of the business's accounting system and me... What Are Auditors?
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September 07, 2008 - Accountants and auditors help to ensure that the Nation's firms are run efficiently, its public records kept accurately, and its taxes paid properly a... Types Of Costs
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September 07, 2008 - 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 business unit or... Revenue And Receivables
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September 07, 2008 - In most businesses, what drives the balance sheet are sales and expenses. In other words, they cause the assets and liabilities in a business. One of ... Quasar Software
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September 07, 2008 - Accounting has become more and more complex as have the businesses that use accounting functions. Fortunately, there are several excellent software pa... Profit And Loss
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September 07, 2008 - It might seem like a no-brainer to define just exactly what profit and loss are. But of course these have definitions like everything else. Profit ca... Personal Accounting
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September 07, 2008 - If you have a checking account, of course you balance it periodically to account for any differences between what's in your statement and what you wro... Parts Of An Income Statement, Part 3
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September 07, 2008 - While some lines of an income statement depend on estimates or forecasts, the interest expense line is a basic equation. When accounting for income ta... Parts Of An Income Statement, Part 2
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September 07, 2008 - Of course profit and cost of goods sold expense are the two most critical components of an income statement, or at least they're what people will look... Parts Of An Income Statement, Part 1
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September 07, 2008 - The first and most important part of an income statement is the line reporting sales revenue. Businesses need to be consistent from year to year rega... Measuring Costs
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September 07, 2008 - Measuring profits or net income is the most important thing accountants do. The second most important task is measuring costs. Costs are extremely imp... Managing The Bottom Line
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September 07, 2008 - If you don't keep track of how much money you're making, you have no idea whether your business is successful or not. You can't tell how well your mar... Making A Profit
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September 07, 2008 - Accountants are responsible for preparing three primary types of financial statements for a business. The income statement reports the profit-making a... Investing And Financing
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September 07, 2008 - Another portion of the statement of cash flows reports the investment that the company took during the reporting year. New investments are signs of gr... Inventory And Expenses
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September 07, 2008 - Inventory is usually the largest current asset of a business that sells products. If the inventory account is greater at the end of the period than at... How To Analyze A Financial Statement
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September 07, 2008 - It's obvious financial statement have a lot of numbers in them and at first glance it can seem unwieldy to read and understand. One way to interpret a... How Is Accounting Used In Business?
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September 07, 2008 - It might seem obvious, but in managing a business, it's important to understand how the business makes a profit. A company needs a good business model... Gains And Losses
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September 07, 2008 - It would probably be ideal if business and life were as simple as producing goods, selling them and recording the profits. But there are often circums... Disclosure
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September 07, 2008 - Financial statements are the backbone of a complete financial report. In fact, a financial report is not complete if the three primary financial state... Depreciation
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September 07, 2008 - Depreciation is a term we hear about frequently, but don't really understand. It's an essential component of accounting however. Depreciation is an ex... Depreciation Reporting
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September 07, 2008 - In an accountant's reporting systems, depreciation of a business's fixed assets such as its buildings, equipment, computers, etc. is not recorded as a... Careers
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September 07, 2008 - There are many different careers in the field of accounting ranging from entry-level bookkeeping to the Chief Financial Officer of a company. To achie... Building Cash Reserves
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September 07, 2008 - Building a financial cushion for your business is never easy. Experts say that businesses should have anywhere from six to nine months worth of income... Budgeting
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September 07, 2008 - Ugh, budgeting is one of those topics we'd rather avoid, but in business, it's an absolute necessity. To prepare a reasoned and thoughtful budget, an ... Bookkeeping
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September 07, 2008 - So what goes on the accounting and bookkeeping departments? What do these people do on a daily basis? Well, one thing they do that's terribly impo... Bookkeeping Basics
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September 07, 2008 - Most people probably think of bookkeeping and accounting as the same thing, but bookkeeping is really one function of accounting, while accounting enc... Basic Accounting Principles
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September 07, 2008 - Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: "facilitating t... Balance Sheet
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September 07, 2008 - A balance sheet is a quick picture of the financial condition of a business at a specific period in time. The activities of a business fall into two s... Assets And Liabilities
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September 07, 2008 - Making a profit in a business is derived from several different areas. It can get a little complicated because just as in our personal lives, business... Accounting Principles
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September 07, 2008 - If everyone involved in the process of accounting followed their own system, or no system at all, there's be no way to truly tell whether a company wa... About Gaap
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September 07, 2008 - While many businesses assume that accountants are bound by generally accepted accounting practices and that these are inviolate, nothing could be furt... What's The Difference Between Private And Public Company Reporting
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September 07, 2008 - A public corporation is a business whose securities are traded on the public stock exchanges, such as the New York Stock Exchange and Nasdaq. A privat... |
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