Understand what a financial operating model is and what attributes make for a good one. A Simple Model exists to make the skill set required to build financial models more accessible. This video will follow the procedure outlined in the previous video titled Overview of the Process, but the model built will be far more […]

Accurate upgrades drive efficiency and ensure that software remains at the forefront of the industry. Accounting forums offer a platform for professionals to discuss the latest trends. For real estate professionals, accounting forums are indispensable. If you happen to be in the South Florida area, contact us and we will coonnect you with events and […]

11 Financial may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. 11 Financial’s website is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Finance Strategists has an advertising […]

Those that had price increases that were reasonable fared better in our ratings. The Growing plan is the platform’s most popular and is recommended for growing businesses while the Established plan is recommended for established businesses. Each plan includes an unlimited number of users for free, which is extremely helpful for companies with several team […]

Unpaid Royalties cause a balance to be carried forward as well when accounting for royalty payments. Whether a license gives the licensee the right to use or the right to access licensed IP is important for estimating variable consideration. However, this distinction does not have any bearing on the applicability of the exception or the […]

Transforming the brick and mortar tutorial rooms did you have any interest or dividend income into a complete new-age digital classroom is what we aim at. We support our students by providing course videos, practice materials and also arrange mock tests for them. Joint products are two or more products that are produced simultaneously from […]

Transforming the brick and mortar tutorial rooms did you have any interest or dividend income into a complete new-age digital classroom is what we aim at. We support our students by providing course videos, practice materials and also arrange mock tests for them. Joint products are two or more products that are produced simultaneously from […]

For example, a high ROE sometimes stems from an exceptionally high net margin, indicating strong cost controls and pricing power. Or it is sometimes driven by asset turnover, suggesting efficient utilization of property, plants, and equipment to generate sales. The equity multiplier also impacts ROE – a higher ratio implies greater use of debt financing, […]

If the plan isn’t good enough, liquidation principles must be applied to the reporting of all assets. It is then assumed that the company will not be a going concern, and the assets will be liquidated to pay off nonprofit accounting explanation the debts. The “going concern” concept assumes that the business will remain in […]

Please note, salary payable is a liability, which is different from salary expenses. For example, payroll expenses like social security expenses, health insurance, commissions, etc., are treated differently, will not come in salary accounts. As a matter of record-keeping, the wage expenses line item may also include the expenses of payroll taxes and employee benefits. Salaries […]