Connect with us
While management of a company may consider whether using periodic or perpetual inventory system—in the aim of getting inventory system that fits into their operation, accountants...
Accounting is classified by underlying business processes, called “accounting cycles”. These processes include revenue and receipts, purchases and payments, payroll, fixed assets, financing, and general ledger....
Just few hours after the “6 Possible Strategies to Invest Idle Funds” got published, from numerous emails I received, I knew many of you, accountants, have...
Following on my previous post [Journal Entries Most Used by Accountants], here are other journal entries most used by accountants, either they‘re performed on daily, weekly, monthly...
This post contains a list of the journal entries that most used by accountant and is likely to deal with. There are a plethora of possible transactions...
Variance analysis is a most used tool by accountants to review and control of responsibility center operations [that use standard cost system] and as facilitating factors in...
In addition to normal accounting matters, businesses that manufacture products face additional accounting problems that retailers and distributors do not. Note that throughout this post, I...