Gross vs Net Income – Importance, Differences And More
Gross vs net income is a topic you must often have come across. Understanding the difference between the two is important for both businesses… Read Article
Financial Accounting
Monetary Assets
Monetary Assets consist of those assets that have a value to pay or receive in a fixed number of units of currency. However, before… Read Article
Factoring Accounting
What is Factoring Accounting?
Factoring Accounting means how the factoring transaction will be recorded in the books of accounts of the company. Before we… Read Article
EBITDA Margin – Features, Importance, And More
The EBITDA margin is a useful measure of a company’s performance. It evaluates the financial health of a company before considering the financial, accounting,… Read Article
Privately Held Company
Privately Held Company – MeaningAs the name suggests, a privately held company is a company that is wholly owned by the company’s founders, management,… Read Article
C Corporation Vs S Corporation
When one wants to start a business, he has to decide which business structure he should opt for. There are many business structures such… Read Article
S Corporation
S Corporation- Definition
S Corporation is a closely held corporation by the Internal Revenue Code of the United States federal income tax, wherein the… Read Article
Limited Liability Company
What is a Limited Liability Company?
Limited Liability Company is the U.S. term wherein the members of the corporate structure are not personally liable for the… Read Article
Revaluation of Fixed Assets
Meaning of Revaluation of Fixed AssetsRevaluation of fixed assets is undertaken to determine the current value of the assets owned by the organization. The… Read Article
Consignment
Nowadays, to increase sales, manufacturers hire agents who can sell their goods as it might not be possible for them to look after the… Read Article
Sinking Fund – A Fund To Help You Sink Your Debt
A Sinking fund is like a special purpose saving account. The company deposits the money with the intention to repay a debt or replace… Read Article