Bookkeeping

Even for a small business, however, more digits allow the flexibility to add new accounts as the business grows in the future, while maintaining the logical order of the coding system. Here’s how to calculate the current ratio, a financial metric that measures your company’s ability to pay off its short-term debts. Expense accounts are […]

Along with REITs, master limited partnerships (MLPs) and business development companies (BDCs) typically also have very high dividend yields. Treasury requires them to pass on the majority of their income to their shareholders. This is referred to as a “pass-through” process, and it means that the company doesn’t have to pay income taxes on profits

Those with complex structures, including potential dilutive securities, must report both basic EPS and diluted EPS. In recent years, more companies have been increasingly inclined to participate in share buyback programs, rather than issuing dividends. In contrast, early-stage companies with a significant number of promising growth opportunities are far more likely to keep the cash

The more you reconcile any kind of account, the more likely it is that you will pick up discrepancies. When a parent company has several subsidiaries, the process helps identify assets. These may be the result of billing mistakes related to loans, deposits, and payment processing activities. A company would then be able to put

For almost 20 years, GoodAccountants.com has helped some of the largest corporations in the world cut their bookkeeping and accounting costs. With today’s technology, there is no need to hire an in-house bookkeeper which in many instances will be less skilled than our accounting professionals. Our Accountants and Bookkeepers use the highest level of security

Financial accounting and managerial accounting are two of the four largest branches of the profession, in addition to tax accounting and auditing. Despite many similarities in approach and usage, there are significant differences, most of them centering around compliance, accounting standards, and target audiences. Startups operate in a highly unpredictable ecosystem, and making decisions based

In short, controllers oversee large-scale financial matters, what are retained earnings whereas accountants specialize in particular areas within that system. If yours is too high, analyze your marketing and sales channels to find low-cost customer expansion tactics. Play it safe—speak with an accountant to weigh the benefits and drawbacks of every method and select the

Our accounting firm provides a wide range of financial services tailored to meet your specific nonprofit needs. From bookkeeping to financial consulting, we are dedicated to helping you achieve your business goals. The fact is that nonprofits often have special circumstances and require more assets = liabilities + equity personalized assistance. Not every accounting firm