29 februari 2024

Tax season begins Jan 29. Here’s what taxpayers need to know

The primary tax season usually takes place during the first few months of the calendar year. Annual income taxes are based on the prior year’s income, […]
18 januari 2024

Form W8: Instructions & Information

Any information, opinions or views provided in this document, including hyperlinks to the RBC Direct Investing Inc. website or the websites of its affiliates or third […]
28 september 2023

Balance Sheet Vertical Analysis: What It Is and How It Works

To start, the table below shows the company’s historical financial statements – the income statement and balance sheet – of our hypothetical company, which we’ll be […]
2 juni 2023

A beginners guide to small business bookkeeping

An accounting ledger is a book or system you use for recording and classifying financial transactions. A small business can likely do all its own bookkeeping using accounting […]
29 mei 2023

What Is Financial Forecasting? Definition, Methods

These models are highly reliant on expert opinions and are most beneficial in the short term. Examples of qualitative forecasting models include interviews, on-site visits, market […]
27 maart 2023

How to calculate manufacturing overhead Formula + examples

If you’re using accounting software for your business, you can obtain this information directly from your financial statements or other system reports. If not, you’ll have […]
7 maart 2023

Gross Margin: The Formula and How to Calculate

As such, this can affect your profit margin, making it even more essential for businesses to optimize operations. On the other hand, gross margin is expressed […]
9 februari 2023

Current portion of long-term debt definition

For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. We’ll […]
2 februari 2023

Current Value Accounting Technique Calculation, Examples

The market value of a company is calculated by multiplying the current stock price by the number of outstanding shares that are trading in the market. […]