What is a cash proof analysis?
If the target is not audited, a proof of cash analysis can identify irregularities between cash receipts and revenue or cash disbursements and expenses. T...
Expert insights and detailed technical documentation about Education.
If the target is not audited, a proof of cash analysis can identify irregularities between cash receipts and revenue or cash disbursements and expenses. T...
The fixed asset turnover ratio formula is calculated by dividing net sales by the total property, plant, and equipment net of accumulated depreciation. As...
SAP FI Accounts Payable is used to manage and record accounting data for all the vendors. All invoices and deliveries are managed as per vendor requests. ...
The main potential benefits of involving TNCs in the development and management of infrastructure are capital injection and transfers of technology and ma...
Purchases are goods purchased for cash or on credit or on account while Expenses are incurred for the purpose of earning Revenues for the business. There ...
5 Important Advantages of Formal Organisation in Business (1) Easy to Fix Accountability: (2) No Overlapping of Work: (3) Unity of Command Possible: (4) E...
A budget is simply a spending plan that takes into account both current and future income and expenses. Having a budget keeps your spending in check and m...
Job Costing Allocation of Overhead Charge to cost of goods sold. Charge the entire variance to the cost of goods sold. Allocate the variance. Allocate the...
A reporting period is the time span for which a company reports its financial performance and financial position. A company can choose to use the traditio...
Accounting tracks costs and revenue, reports on financial results, and allocates resources to support an organization’s goals. HR manages people, hiring a...
You’ve probably heard quite a bit of intimidating details about how hard it is — it’s long, it requires hundreds of hours of study time, it’s so difficult...
Not all businesses are required to follow GAAP. The U.S. Securities and Exchange Commission (SEC) requires publicly traded companies to follow GAAP in add...