Write-Offs: Understanding Different Types To Save on Taxes

If you find yourself in this situation, don’t bury your head in the sand. There’s a chance you can get it cleared—or at least limit the damage and increase the prospects of being in creditors’ good books again. At some

Financial Strategy for Public Managers Open Textbook Library

Content The Beginner’s Guide to Reading & Understanding Financial Statements Open Textbooks Recognition Concepts for Special Circumstances Non-Profit Financial Ratios – An Illustration Book Description The Proprietary Fund Statements It excoriated the Ferguson Police Department and the Ferguson City Council for encouraging,

What is Horizontal Analysis of Financial Statements?

Content Key Differences Between Horizontal and Vertical Analysis Comparison Period to Base Period Percentage Change Example How to Perform a Horizontal Analysis Impact of Reporting Standards on Horizontal Analysis Horizontal Analysis Interpretation Formula Financial Statement The analysis computes the percentage

Business Valuation Formula Business Valuation Glossary

Content Mistakes to avoid with valuation multiples Book Value = (Beginning of Year Assets – End of Year Assets) / (End of Year Liabilities – Beginning of Year Liabilities) Venture capital method (VC method) How do investors evaluate my business?

LIFO Reserve: What Is, Formula, Calculation, Journal Entry

The current ratios of both companies cannot be compared due to this difference in reporting. From this example, we can see a big difference between the two types of inventory methods. The company will record this difference as a contra-inventory

Translation and accounting for foreign currency transactions

Content Use of a presentation currency other than the functional currency Disposal of a foreign operation Functional currency GAAP governs how to account for an equity method investment in a foreign entity EFRAG draft comment letter on the exposure draft

Accounting for Photographers from Accounting for Photographers Class

Sage’s website is not the most clear when it comes to what features are available in each of their different tiers. That said, there are only two options and I do believe most photographers would want the higher tier. However,