Public accountants also play a crucial role in assisting companies with mergers and acquisitions, offering insight into the financial health of potential partners or targets. Moreover, they provide financial consulting services that help businesses optimize their operations, control costs, and…

One of the easy peasy ways to estimate your closing inventory is by doing the physical inventory count. The beginning inventory for the start of a new accounting period is calculated with the help of COGS and the ending inventory’s previous accounting…

To determine whether a times interest earned ratio is high, consider calculating the ratio several times over a specified period. By analyzing a company’s results over time, you will better understand whether a high calculation is standard or a one-time…

The most important parts of doing your own bookkeeping are staying organized and keeping track of the details. A small business owner has numerous responsibilities, but that doesn’t mean that you have to do them all by yourself. If you…

Even if the tenant or neighbor pays for the structural damages caused, you may still have to cover material losses. In cases of a fire, the tenant may have to pay for damages if they were responsible for causing the…

Securely collect all tenant payments ranging from deposits to monthly rent. It is important for you to know how much each sale is worth so that you can compare your net profit and overall sales. Commission rates are the amount…

The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.…