What is Amortization: Definition, Formula, Examples
Amortization could apply in two situations: while taking a loan or in a business
where intangible assets are concerned. If…
11 min read
Accounting
Examine the world of finance and accounting, providing in-depth perspectives and invaluable insights for industry professionals. Read more on expert analysis, discover new techniques, and stay informed on the latest trends in this cornerstone of the business world
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Understanding Intangible Assets - Non-Physical Assets with Considerable Value
An element or resource that is not physical but assigns a considerable value to
a company is called an intangible…
10 min read
Guide to Gross Income Vs. Net Income
The two critical profitability metrics for any business or company include the
gross income and net income. The gross income…
9 min read
Understanding Net Profit
In business and accounting, net profit is a company's income minus the cost of
goods sold (COGS), expenses,…
7 min read
What is Gross Profit and Gross Profit Margin?
Gross profit margin is also known as gross margin. It is a financial metric
which indicates how efficient a company…
9 min read
What Are Trade Receivables? Definition & Examples
Trade receivables are the sum of money your customers owe you for buying goods
and services on credit. These amounts…
8 min read
Bank Reconciliation: How It Works and Why It’s Important?
A bank reconciliation is a schedule that explains any discrepancies between the
balance on the bank statement and the balance…
9 min read
Guide To Profit Margin - How to Calculate Profit Margins (With Examples)
Profit is the money or revenue a business pulls in after accounting for all
expenses. From a lemonade stand to…
6 min read
What Is Liquid Net Worth? Definition and Calculation
Not all assets can be easily liquidated. Usually, high-value fixed assets
[https://www.deskera.com/blog/fixed-asset/] such as buildings,…
9 min read
Management Accounting - A Complete Guide
Management accounting is to accounting what a Michelin star dinner is to street
food. It is like taking all the…
14 min read
What is Deferral in Accounting? A Complete Guide
A deferral is used to account for prepaid expenses or early receipt of income.
This means paying for a service…
6 min read
Payback Period: Definition, Formula & Examples
Ideally, businesses would pursue all projects and opportunities that hold
potential profit and enhance their shareholder’s value. However, there’…
6 min read
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