Accounting Tools

JULY 24, 2023

Related Courses Fair Value Accounting What is an Active Market? An active market is a market that routinely experiences high transaction volumes. Related Articles Brokered Market Principal Market

Accounting 40

Accounting Accounting 40

Counto

APRIL 3, 2024

Representative Office (RO) Temporary setup for market exploration and research, ideal for initial market assessment. Prohibited from engaging in profit-generating activities or signing contracts. Additional considerations: Cost-effective option for market reconnaissance and feasibility studies.

Tax 52

Tax 52

Counto

MAY 9, 2024

Marketing and Customer Engagement In the competitive retail sector, effective marketing and customer engagement strategies can set your business apart: 1. Digital Presence: Establish an online presence through a well-designed website and active social media accounts to reach a wider audience.

Budgeting Manager 52

Budgeting Manager Tax Budgeting Accounting 52

Accounting Tools

MAY 18, 2024

Also, organic growth could be in a sales segment that does not generate much cash flow, whereas an acquisition could generate sales in a more profitable segment of the market. Conversely, organic growth tends to be less expensive, depending on how prudently management invests in marketing, distribution channels, and new product development.

Financial Statements 40

Financial Statements Financial Analysis 40

Accounting Tools

MARCH 8, 2024

Then, when the related advertising activities occur, these funds are shifted over to the advertising expense account, resulting in their recognition as an expense. If a business decides to only report expenses in aggregate for specific departments, then advertising expense would be included in the Marketing Department line item.

General Ledger 40

General Ledger Accounting Accounting 40

Accounting Tools

OCTOBER 7, 2023

Related Courses Essentials of Marketing What is the Service Marketing Mix? The service marketing mix is comprised of seven activities that are used to optimize the marketing for a service. All seven activities are needed to achieve the optimum level of service delivery. The activities are noted below.

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Accounting Tools

APRIL 28, 2024

Most investments that are actively traded can be considered short-term investments, since they can be easily liquidated. Related AccountingTools Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook Related Article Investment Analysis Short-term investments are those that can be readily converted into cash.

Corporate Finance 40

Corporate Finance Deposits Billing Accounting 40

Accounting Tools

MAY 6, 2024

ABC analysis is used to categorize items into three classifications, based on activity levels. By doing so, the firm can cost-effectively monitor inventory, so that the most active items are managed the most closely. Related Articles ABC Inventory System ABC Method Inventory Analysis What is ABC Analysis?

Customer Service 40

Customer Service Accounting Accounting 40

Accounting Tools

OCTOBER 3, 2023

Related Courses Fair Value Accounting What are Market Participants? Market participants are those buyers and sellers transacting business in the principal market for an asset or liability. The concept is used in relation to the development of fair market values for assets and liabilities.

Accounting 40

Accounting Accounting 40

Accounting Tools

JANUARY 9, 2024

What is a Money Market Fund? A money market fund is a package of government debt instruments that is assembled by a fund management company. The intent of a money market fund is to provide investors with a safe and highly liquid investment. Advantages of a Money Market Fund There are three main advantages to a money market fund.

Deposits 40

Deposits Corporate Finance Billing 40

Accounting Tools

AUGUST 3, 2023

The actual amount of shareholders' funds could be substantially different, if the market value of total liabilities were to be subtracted from the market value of total assets. Also, the liquidation of value of the assets of a business may vary substantially from their market value, especially if the liquidation is rushed.

Tax 75

Tax Accounting Accounting 75

Accounting Tools

MARCH 25, 2024

Limit pricing is the practice of setting a product or service price at a level just low enough to deter potential market entrants from competing in a market. The price point chosen may not be the price at which a business earns the largest profit , but it does keep other companies out of the market.

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Accounting Tools

APRIL 14, 2024

The budgeted number of units sold is derived by the sales and marketing managers, and is based on their estimation of how the company's product market share, features, price points , expected marketing activities, distribution channels , and sales in new regions will impact future sales.

Budgeting 40

Budgeting Cost Accounting Accounting Accounting 40

Accounting Tools

JUNE 17, 2023

Fair value is the price that two parties are willing to pay for an asset or liability , preferably in an active market. Related Articles Exit Price Exit Value Highest and Best Use Orderly Transaction Principal Market Value-in-Use

Accounting 40

Accounting Accounting 40

Accounting Tools

JULY 16, 2023

Related Courses Fair Value Accounting What is Market Value? Market value is the price at which a product or service could be sold in a competitive, open market. Market value is more difficult to determine when the preceding factors are not present.

Accounting 40

Accounting Accounting 40

Accounting Tools

SEPTEMBER 23, 2023

Related Courses Accounting for Inventory Activity-Based Costing Cost Accounting Fundamentals What is Peanut-Butter Costing? Conversely, if too much overhead has been applied, management may raise the price of a product to an excessive extent in order to cover the cost, resulting in few sales and the loss of market share.

Cost Accounting 40

Cost Accounting Accounting Accounting 40

Accounting Tools

DECEMBER 28, 2023

A technical analyst uses this information to support stock trading activity; this involves calculating a trend line from an underlying data set in order to ascertain the direction in which market prices are moving.

Financial Analysis 40

Financial Analysis Financial Statements Budgeting 40

Accounting Tools

SEPTEMBER 25, 2023

Related Courses Managerial Economics What is the Efficient Market Hypothesis? The efficient market hypothesis states that the markets always incorporate all information, so it is impossible to beat the market. Also, sudden changes in the market indicate that the market is not efficiently incorporating new information.

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Accounting Tools

APRIL 8, 2024

Sales forecasts tend to be much more accurate over periods of just a few months, so the budget can be revised based on very likely estimates of company activity. Related Articles Budget Planning Calendar Budgeting Procedure Flex Budgeting How Many Budget Scenarios to Prepare Incremental Budgeting

Budgeting 40

Budgeting 40

Accounting Tools

DECEMBER 28, 2023

Indirect labor is the cost of any labor that supports the production process, but which is not directly involved in the active conversion of materials into finished products. Indirect labor also refers to many types of administrative labor positions, such as any accounting, marketing, or engineering position.

Financial Analysis 40

Financial Analysis Cost Accounting Payroll Tax 40

Billing Platform

NOVEMBER 15, 2023

per active user/per month when paid annually or $8.75 per active user/per month when paid monthly. Increases target market by providing startups and small and medium-sized (SMBs) with cost-effective access to high-quality products and services. For instance, Slack’s Pro plan bills based on the number of users – $7.25

Billing 98

Billing Collections Customer Service Invoicing 98

Accounting Tools

OCTOBER 20, 2023

A creeping tender offer is conducted through the purchase of shares on the open market, rather than through a formal tender offer.

CPA 75

CPA 75

Counto

APRIL 4, 2024

Supporting Small Businesses: Counto’s Free Multi-Currency Reporting in Every Accounting Plan In today’s interconnected business landscape, expanding beyond local markets is a strategic move for many SMEs. We prioritise customer satisfaction by delivering value-driven solutions that empower businesses to thrive in global markets.

Financial Reporting 40

Financial Reporting Data Entry Accounting Accounting 40

AvidXchange

JANUARY 17, 2024

Many banks and credit unions are using AI to improve investment analysis, enhance operational efficiency and more rapidly adapt to dynamic market conditions. Below are the top eight ways businesses are using AI in financial services. Download Our Ultimate AI Guide 1.

Financial Services 52

Financial Services Accounts Payable Accounts Payable AP 52

FinOps in Practice

SEPTEMBER 1, 2022

The use of cloud services opens up huge opportunities for IT companies and significantly lowers the barrier to entry for those organizations that would otherwise never enter the market should they use the traditional approach to building infrastructure. Among them, the most notable are Active Directory, Data Factory, CDN, SQL, and many more.

FinOps 130

FinOps FinOps Billing Computation 130

Accounting Tools

DECEMBER 23, 2023

These arrangements are typically marketed by promoters and include complex, multi-layered transactions that are intended to conceal the true nature of a taxpayer’s income or assets. Related Articles Tax Evasion An abusive tax shelter is an investment arrangement that claims tax deductions considered by the IRS to be illegal.

Tax 40

Tax 40

Accounting Tools

FEBRUARY 12, 2024

Operating expenses are those expenditures that a business incurs to engage in activities not directly associated with the production of goods or services. Related Article What are Operating Activities? What are Operating Expenses? These expenditures are the same as selling, general and administrative expenses.

Financial Statements 75

Financial Statements Tax Payroll Accounting 75

Accounting Tools

JUNE 16, 2023

The gray economy includes any economic activity that is legal, but which is unrecorded and unregulated. These transactions are not recorded in the official statistics for economic activity, so that a country’s reported economic activity tends to be underreported. Related Articles Black Economy Free Market Economy

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Counto

MARCH 13, 2024

Moreover, certain tax exemptions and incentives may apply based on the company’s size, industry, and activities. Access to Wider Markets and ASEAN Free Trade Zones A private limited company can be wholly owned by a foreign individual and/or corporate investor, serving as a regional holding company or subsidiary.

Corporation Tax 52

Corporation Tax Tax Financial Statements Accounting 52

Accounting Tools

SEPTEMBER 12, 2023

Related Courses Activity-Based Costing Cost Accounting Fundamentals Cost Management Guidebook What is Corporate Overhead? These costs include the accounting, human resources, legal, marketing, and sales functions. Related Articles Factory Overhead Manufacturing Overhead Plantwide Overhead

Cost Accounting 40

Cost Accounting Accounting Accounting 40

Accounting Tools

DECEMBER 23, 2023

Non-Operating Expenses Operating expenses are associated with the primary operating activities of a business. These activities include the production of goods or provision of services, as well as the ongoing administration of a business. Conversely, non-operating expenses are not associated with the firm’s primary operating activities.

Accruals 75

Accruals Bookkeeping Accounts Payable Accounts Payable 75

Accounting Tools

AUGUST 8, 2023

Many investors confine their investing activities to the issuers of blue-chip stocks. Over time, changes in the market or a lack of competitiveness could cause a blue-chip stock to decline in favor. Related Articles Growth Stock Value Stock Consequently, this type of stock tends to attract income investors.

Corporate Finance 40

Corporate Finance 40

Accounting Tools

JULY 29, 2023

A coordinated short selling campaign of this type is considered by the Securities and Exchange Commission to be market manipulation, and so is illegal. Also, spreading false rumors is classified as a fraudulent activity. Related Articles Short Sellers (podcast)

Accounting 40

Accounting Accounting 40

Accounting Tools

OCTOBER 8, 2023

Nonmanufacturing overhead costs support critical parts of a business, such as its sales and marketing activities, and so should not be considered discretionary costs. Related Articles Corporate Overhead Factory Overhead Indirect Overhead Manufacturing Overhead

Cost Accounting 40

Cost Accounting Bookkeeping Accounting Accounting 40

Accounting Tools

JUNE 19, 2023

One of the best ways for a company to improve its profits in a low-growth market where increases in market share are difficult to obtain is to use its marketing and sales activities to alter the sales mix in favor of those products having the largest amount of profit associated with them.

Budgeting 75

Budgeting Financial Statements Cost Accounting Accounting 75

Accounting Tools

SEPTEMBER 10, 2023

When an organization's reputation is damaged, it can lose massive amounts of customer goodwill, resulting in a steep decline in sales and market capitalization. A business can mitigate the problem by engaging in large amounts of charitable activities, community events, and environmentally friendly activities to build stakeholder goodwill.

Customer Service 40

Customer Service 40

Accounting Tools

MAY 7, 2024

These measurements can be used to examine the performance of all aspects of a business, including the accounting, engineering, finance, marketing, materials management, production, research, and sales departments. Related Articles Accounting Ratios Activity Ratios Efficiency Ratios Operating Performance Ratios

Financial Statements 40

Financial Statements Collections Accounts Receivable Accounts Receivable 40