Robuta

Searching for Learning Management Systems (Small & Medium) software? CreateLMS is an effective platform from Create LMS. Its features include auto [...]

We explain why this is a viable option for businesses just starting out, or looking to expand the accounting department. The position is most commonly [...]

The encumbrance accounting process is a vital component of effective financial management. By accurately recording future payment commitment [...]

A lot of our customers ask for advise on whether they should assess risks by Inherent Risk, Residual Risk or both. While our software supports the ran [...]

Payroll processing giant, ADP, recently divulged a breach that exposed tax information of employees of some of its clients, exposing them to tax fraud [...]

A commitment by an entity must be fulfilled, regardless of external events, while contingencies may or may not result in liability for the respective [...]

For example, an accountant in the U.S. always use printer toner, but might use more of it in the first quarter of the year when preparing and printing [...]

A business can buy its own shares, increasing future income and cash returns per share. If executive management feels shares are undervalued on the op [...]

Because revenue is typically listed at the top of the income statement. Revenue is simply all the income your business generates before subtracting an [...]

Observing it over a period of time (for example, over five years) only indicates the trend of how much money a company is adding to retained earnings. [...]

This article provides more details and helps you calculate these ratios. As your business grows and you take on more debt, it becomes even more import [...]

On one side, non-cash expenses reduce generated profit figure while on the other side, it may also lead to a reduction or lowering of asset balance. F [...]

Therefore, the settlement gain or loss under IAS 19 will differ from the US GAAP amount if there are unrecognized actuarial gains and losses under US [...]

Gross income refers to the total earnings a person receives before paying for taxes and other deductions. The amount that remains after taxes are dedu [...]

The cards should also define the difference between the margin and markup terms, and show examples of how margin and markup calculations are derived. [...]

Specific restricted or committed revenues initially received in another fund and subsequently distributed to a special revenue fund must be reported a [...]

So they would still have 1600 that gets carried forward to the next year. But, just make sure you understand that the credits fall behind the NOLs, so [...]

For 60-day terms, meaning their customers can take up to 60 days to pay, a DSO of 63 is not too shabby. The closer the DSO calculation is to the terms [...]

On the flip side, in regions with increased COVID-19 infections, consumers were eager to pay for offerings such as extra leg room. Organic sales are r [...]