If you’re a business owner, it’s essential to have a basic understanding of accounting principles. This includes knowing what a true-up adjustment is. A true-up adjustment is an adjustment made […]
What is true-up adjustment in accounting? Read More »
Controllable cost is a term that is used in business to refer to those costs that can be controlled by management. This includes both direct and indirect costs. Direct costs
What is Controllable Cost? Definition, example, and more Read More »
In a previous post, we discussed break-even analysis and how it can be used to determine the minimum number of units that must be sold to cover all costs. In
What Is The Weighted Average Contribution Margin In Break-Even Analysis? Read More »
The modified internal rate of return (MIRR) is a financial metric that can be used to evaluate the profitability of investments. It is often used by accountants and auditors when
How to Calculate Modified Internal Rate of Return (MIRR)? Read More »
The test of details is the part of an audit where the auditor independently assesses a sample of transactions and account balances to verify that they are correctly stated in
What is the test of details in an audit? Read More »
John Deere financing is a great option for anyone in the market for a new tractor or other agricultural equipment. But what credit score is required to qualify? Here’s everything
What Credit Score is Required for John Deere Financing? Read More »
Blog Introduction: If you’re new to accounting, recording a cash short journal entry may seem intimidating at first. But understanding how to record this type of journal entry is essential
A Guide To Recording A Cash Short Journal Entry Read More »
If you’re looking for a new furniture set, you may wonder what financing options Rooms To Go offers. In this post, we’ll look at the various financing plans that Rooms
What Financing Do Rooms to Go Offer? Variety of Options You Should Know Read More »
If you’re a business owner, it’s essential to understand the difference between the net method and gross method of accounting for purchase discounts. Depending on your business activities, one may
Accounting For Purchase Discounts: Net Method Vs. Gross Method Read More »
If you’re in the field of cost accounting or are looking to get into it, you know that it is important to stay up-to-date on the latest books. In this
6 Best Cost Accounting Books Read More »