Is Accounting harder than Nursing? Accounting vs Nursing Accounting and nursing are two professions that require very different skill sets and educational requirements. Both careers have different job outlooks, time commitments, and work environments. This article will explore the differences between accounting and nursing, and discuss which one is harder. It will evaluate the educational … Read more
Accounting for Raw Materials Raw materials accounting is an essential part of financial management. It is a critical component of the cost of goods sold (COGS) and inventory and is used to calculate cost of goods manufactured (COGM). This article aims to provide an overview of the accounting principles and practices related to raw materials. … Read more
Seed Funding Vs Angel Investor Vs Venture capital Financing a business is a critical decision for any entrepreneur. Seed funding, angel investor, and venture capital are three of the most popular options for financing a business. Each of these financing options has its own advantages and disadvantages, and it is important for entrepreneurs to understand … Read more
Accounts Receivable to Revenue Ratio Businesses use a variety of metrics to assess their financial health. One type of metric is known as a financial ratio. Financial ratios are used to compare different aspects of a company’s financials, such as its revenues, expenses, and profits. Ratios can also be used to compare a company’s financials … Read more
Advertising to Sale Ratio Advertising is a key component of a business’s success. It is used to attract customers and increase sales. The advertising-to-sale ratio is a measure of how effective the business’s advertising campaigns are. This ratio is calculated by dividing the amount of money spent on advertising by the total sales of the … Read more
Accounting for Improvements to Fixed Assets Fixed Assets Improvement Fixed assets improvements are expenditures that extend the life of a fixed asset, enhance its overall value, or adapt it for a new use. These improvements must be expected to last for at least one year and must meet certain criteria. For an expenditure to qualify … Read more
Why is Cash Debit in Accounting Cash and Cash equivalent Cash and cash equivalents refer to the value of a company’s assets that can be converted to cash immediately. These assets include bank accounts, commercial paper, and short-term government bonds. Cash equivalents are considered highly liquid assets, providing a company with immediate access to funds. … Read more
How Does Goodwill Affect Statement Of Cash Flow? Goodwill is an intangible asset that can have a major effect on a company’s statement of cash flow. Goodwill is created when a company acquires another business and pays more than the fair market value of the net assets acquired. It can be difficult to establish the … Read more
How Long Are 2 Business Days? Do you need to get something done quickly in your business? Have you ever been asked, “How long are two business days?” It can be difficult to answer without a frame of reference. Is two business days enough time for a customer to receive their order? Do you have … Read more
Is Accounting Fun Or A Boring Job? Reasons To Love Accounting Job When someone mentions accounting, most people think of a boring job where you’re stuck in an office crunching numbers. However, the world of accounting is so much more than that! Accountants are the financial superheroes of our modern world – without them, no … Read more