Break-even point in accounting
Break-even points in accounting

The Break-even point in accounting is a crucial element in many businesses’ financial planning and budgeting activities. Although it is also known

What is Contra Account? – Definition, Types, Bene...

Contra accounts help determine a company’s historical cost; these accounts assist financial managers, and accountants in maintaining clean and easy-to-track

Inventories
Types of Inventories

If we talk about Inventory, it goes through many stages before it gets to the customers, from purchasing raw materials

Marketable securities
What is Marketable Securities and Examples

Marketable securities are financial liquid tools that can be converted or sold into cash within a year of investment. However,

What are Cash and Cash Equivalents?
What are Cash and Cash Equivalents?

A business that generates enough cash can meet its daily needs while staying out of debt. However, a company will

What is operating cycle?
What is the operating cycle?

The operating cycle is a great way to measure the company’s efficiency to determine how smoothly operations are running and

non-cash expenses
Non Cash Expenses

Do you know? Businesses incur many kinds of expenses during their operations, but noncash expenses are one of the common

redemption of debentures
Redemption of Debentures- methods and journal entries

Companies raise funds from different sources like issuing shares, borrowing from financial institutions, retained earnings, etc. Another main source of

Statement of change in equity
Statement of changes in equity

Do you know? Businesses use different methods to maintain good financial health. Most use income statements cash flow statements, balance

issuance of shares at par, premium and discount
Issuance of shares at Par, Discount, and Premium

Table of Contents Shares are the small dominations of capital that firm issues to the general public, insiders,  institutional investors,

Types of debenture and issuance
Types of debenture and issuance

Every company needs long-term growth and development but raising funds in the initial days is the biggest challenge for a

calculation and interpretation of ratio analytics
Calculations and Interpretations of Ratio Analysis

By examining financial statements including the balance sheet and income statement, ratio analysis is a quantitative approach to acquiring insight

Redeemable and Irredeemable Preference Shares
Redeemable and Irredeemable Preference Shares

When it comes to raising money through shareholding, companies have the option to issue different types and forms of shares.

shares
Types of shares and their issuance

If you have decided to start a company, you must be aware of certain things to sustain your company financially.

Ratio analysis
Ratio Analysis-Types ,& Importance

Ratio analysis can provide insight into companies performance by comparing its performance and financial health over time. At the same

capital budgeting technique
Capital budgeting technique

Long-term investment decisions are made through capital budgeting. It is most certainly a company’s most important financial decision and it

shopify
Best Accounting Software for Shopify

Shopify is a complete commerce platform and is a subscription-based online-selling platform. Shopify store owners can sell their products online

open_system_accounting_software
Open System Accounting Software

Open system accounting is unique software because its source code is provided for free. Some competing accounting software charges extra

accounting software
How do companies use software to improve their accounti...

Nowadays, accounting software has become a vital need for businesses. Accounting software can help companies to manage their business more

Modern technology in accounting
What is the Role of Modern Technology in Accounting?

Technology has enhanced accounting in faster processing, better reports, and accuracy. Nowadays, from micro to macro-enterprises, all business entities make

advantages of using quickbooks enterprise in 2024
Advantages of Using QuickBooks Enterprise in 2024

Quickbooks Enterprise is a new version of Quickbook software that covers all the bases. It features solutions for accounting, pricing,