Accounting Information System
Jennifer edwards Accounting information systems are the tools that help you in mining the financial data of your business so that you can get the important financial information on your fingertips. With…
Causes of Bankruptcy
A business can lead to bankruptcy due a number of factors that may be under the control of management or beyond management control. Most of the time a business…
The Use of Venture Capital Funding for Business Expansion
Venture capitals are the source of funding for your business who invests in your business with an expecting return from their investment. Venture capitalists invest in your business as they…
Understanding Cash Flow Balance
Understanding cash flow and cash flow balance is very important to run a successful business. A negative cash flow can adversely hurt your business irrespective of a good product, reputed…
How to collect Debt and Overdue Accounts
If you are a small business owner, collecting your debts, unpaid bills and overdue accounts can be a quite difficult task for you. However collecting debt is very important for…
Using Break Even Analysis to make managerial decisions
As we know that a breakeven point is a point where there is no loss and no profit. This means a break even analysis provide us with the information that…
Financial Ratios: Figures that keep you informed
Business ratios can be explained as financial tools that can help you in finding the weak and erroneous areas of your business. With the help of these ratios you can…
Managing Variable Costs
As the name indicates variable costs are the costs that fluctuate or change with the number of goods produced by the business. Variable costs along with the fixed costs comprise…
Inventory Valuation Methods
There are a number of inventory valuation methods that can be used according to the business requirements and managerial decisions. Inventory valuation methods are named as LIFO, FIFO and…
Relevant Costing Technique
It is a type of costing method in accounting where the alternatives are compared and their difference is calculated to consider. Relevant costing technique helps managers to make decisions on…
Cost Volume Profit Analysis
Cost volume profit analysis is a method of analyzing the affect of transition of cost and volume on the net income and operating income of a business. It is a…
External and Internal Balance Sheet
A balance sheet is a financial statement of a business that can be use for internal and external purposes. The preparation of both internal and external balance sheets is for…
How to report Profit, Losses and Cash flows
There are different kinds of financial statements for reporting cash flows in a business such as income statement and statement of cash flows. These cash flows statements are different from…
Relationship between Account Receivables and External Balance Sheet
Account receivable is an integral account for the businesses that make sales on credit. A business may have thousands of account receivables from hundreds and thousands of customers. All the…
Intangible Assets
Intangible assets are those assets that do not exist physically still they are very much important for a business. These are the long term resources that do not have a…
Types of Business Costs
It is very important to distinguish or differentiate business costs as they help in recognizes the cost figures that your business produce by selling goods or services. There are…
Affect of Assets and Liabilities on Business Cash Flow
A change in assets or liabilities of a business can positively or negatively affect the cash flow of the particular business. Sometimes change in assets and liabilities may result in…
Accounting Equation
Accounting equation can be termed as the foundation stone of the modern day accounting. The financial position of a business is affected by its financial transactions and these financial transactions…