In 2014, the administration of President Barack Obama sought to ban LIFO, which it said allowed companies to make their incomes appear smaller for the purposes of taxation. Proponents for keeping LIFO say repeal would increase the cost of capital for companies and have negative consequences when should you adjust your paycheck withholdings for economic … Read more
For medium-sized companies with ambitious growth goals, competing in a fiercely global marketplace demands maximum efficiency. The success or failure of these businesses often hinges on their ability to manage cash flow effectively. Unfortunately, one of the main reasons many businesses face cash flow challenges is the delay in receiving payments from customers. DSO is … Read more
Content B. Responsibilities Responsibilities of a Controller What Is a CFO? Importance of Business Controller Human Resources Tasks Business role CFO duties Financial controller vs business controller Controller Explanation They must create meaningful reports that provide relevant information to the organization’s management team, shareholders and other stakeholders. In doing so they share insight and analyse … Read more
Convertible bond arbitrage is a trading strategy that aims to capitalize on mispricing between a convertible bond and its underlying stock. This allows businesses to determine which levels of debt and equity financing are most cost-effective. Businesses must determine which option or combination is the best for them. A company that believes in its financials would not want … Read more
We recommend you save or print your statements prior to initiating account closure. When you enroll for paperless documents, you’re automatically signed up to receive the e-statement available alert to your email address. We want to ensure you have the information as soon as possible so you can manage your finances on your time. You’ll … Read more
Content CPA Exam Overview What is a Certified Public Accountant? Certified Public Accountant (CPA) Certification How to Choose a CPA Apply for accounting jobs. CPA Career Paths CPA Exam Additional Information An exception applies to the business environments and concepts section, which is the only portion of the exam to include written response questions. Explore … Read more
But essentially, when several larger items are brought together to create a single or smaller item, it’s the process of consolidation. There are many credit consolidation options for companies to explore if one debt consolidation alternative is better than another. Print and review the financial statements for the parent company, and investigate any items that … Read more
An accountant will help you understand how much you can take from the business and meet investment goals. Debt basis is when a shareholder takes on debt from the S Corporation. When an owner takes on debt, in the form of a loan from the business, it is a tax-free event because it creates a … Read more
Content QuickBooks Training class Cleveland QuickBooks Training class Richmond On-time Support QuickBooks Bookkeeping Services QuickBooks Training class New Orleans QuickBooks Training class Kansas City QuickBooks allows you to access almost all types of accounts, including but not limited to savings account, checking account, credit card accounts, and money market accounts. To review your file data … Read more
Also, as the number of orders decreases, the ordering cost decreases but the holding cost increases. Examples of holding costs include insurance and property tax, rent, deterioration, maintenance fees, storage space, shrinkage, obsolescence, and others. Ordering costs refer to all the costs incurred each time an order is placed for inventory with the company. The … Read more