The retained earnings (also known as plowback) of a corporation is the accumulated net income of the corporation …
Category: Accounting
What are the main types of intangible assets? An intangible asset is an asset that lacks physical substance. …
Image by/from RaphaelQS In financial accounting, a balance sheet (also known as statement of financial position or statement …
Limited liability is a legal status where a person’s financial liability is limited to a fixed sum, most …
Nontraded assets (or: nonmarketable assets or perfectly nonliquid assets) are assets that are not traded on the market. …
In finance, valuation is the process of determining the present value (PV) of an asset. Valuations can be …
Accountants in UK have always been known to offer sound tax planning and advice. They are well-versed with …
Cash flow problems in business come in many forms and it is vital to identify what the problem …
Payroll management is often the key word for administering payroll, processing payroll taxes, and preserving required documentation. All …
Payroll is a simple way to track the employees’ salaries. It is essential in every company for both …