This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is the Accounting Entry for Depreciation? The accounting for depreciation requires an ongoing series of entries to charge a fixed asset to expense , and eventually to derecognize it. These entries are designed to reflect the ongoing usage of fixed assets over time. Depreciation is the gradual charging to expense of an asset's cost over its expected useful life.
BillingPlatform has recently been named the 2023 Forrester Wave leader in SaaS Recurring Billing Solutions. The Wave Report is an objective look at the most significant solutions in today’s billing landscape. The independent evaluation is designed to reveal strengths and areas of improvement for each software provider by considering varying business priorities and billing needs.
Related Courses Fair Value Accounting What is Book Value? The book value of an asset is its original purchase cost, adjusted for any subsequent changes, such as for impairment or depreciation. What is Market Value? Market value is the price that could be obtained by selling an asset on a competitive, open market. Comparing Book Value and Market Value There is nearly always a disparity between book value and market value, since the first is a recorded historical cost and the second is based on th
Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Debt Ratio? The debt ratio measures the proportion of assets paid for with debt. One can use the ratio to reach conclusions about the solvency of a business. A high ratio implies that the bulk of company financing is coming from debt; this is a risky financial structure , since the borrower is at risk of not being able to pay for the associated interest expense or paying back the principal.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
Related Courses Contract Management Cost Accounting Project Accounting What are Allowable Costs? Allowable costs are those expenses specified in a contract that can be billed to the customer. For example, a contract to develop a customized lathe allows for the reimbursement of direct materials , direct labor , and a specific overhead charge as allowable costs.
Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Divestitures and Spin-Offs Mergers and Acquisitions What is a Mini-Tender Offer? A mini-tender offer is a request to buy less than five percent of a company's shares. The reason for such an offer is that the buyer does not have to comply with the SEC ’s filing requirements for a normal tender offer , which are triggered when the 5% level is reached.
Related Courses Business Ratios Guidebook Corporate Cash Management Treasurer's Guidebook What is Solvency? Solvency is the ability of an organization to pay for its long-term obligations in a timely manner. If it cannot marshal the resources to do so, then an entity cannot continue in business, and will likely be sold or liquidated. Solvency is a core concept for lenders and creditors , who use financial ratios and other financial information to determine whether a prospective borrower has the
40
40
Sign up to get articles personalized to your interests!
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Related Courses Business Ratios Guidebook Corporate Cash Management Treasurer's Guidebook What is Solvency? Solvency is the ability of an organization to pay for its long-term obligations in a timely manner. If it cannot marshal the resources to do so, then an entity cannot continue in business, and will likely be sold or liquidated. Solvency is a core concept for lenders and creditors , who use financial ratios and other financial information to determine whether a prospective borrower has the
Related Courses Accounting for Retirement Benefits What is an Accumulated Postretirement Benefit Obligation? An accumulated postretirement benefit obligation is the actuarial present value of benefits expected to be given to employees following their retirement from the employer , based on employee service performed through a specific date. This obligation is not related to employee pensions.
Related Courses Activity-Based Management Constraint Management Lean Accounting Guidebook What is Root Cause Analysis? Root cause analysis is the process of looking for the reasons why a problem is occurring. By correcting the underlying root causes of problems, their incidence can be greatly reduced or eliminated. Root cause analysis tends to uncover issues related to the failure of materials, an error by a person, or an organizational issue (such as an incorrect work instruction, procedure, or
Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook Definition of Prepaid Expenses A prepaid expense is an expenditure paid for in one accounting period , but for which the underlying asset will not be consumed until a future period. When the asset is eventually consumed, it is charged to expense. If consumed over multiple periods, there may be a series of corresponding charges to expense.
Related Courses Bookkeeping Guidebook How to Audit Revenue Revenue Recognition What is Gross Revenue? Gross revenue is the total amount of sales recognized for a reporting period , prior to any deductions. This figure indicates the ability of a business to sell goods and services, but not its ability to generate a profit. Deductions from gross revenue include sales discounts and sales returns.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Related Courses S Corporation Tax Guide Types of Business Entities What is a Subchapter S Corporation? A Subchapter S corporation is a form of corporate organization under which the obligation to pay income taxes is passed through to the shareholders of the organization. The "Subchapter S" term comes from the segment of the United States Internal Revenue Code (Chapter 1, Subchapter S) in which the rules governing the formation and operation of Subchapter S corporations is located.
Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is Positive Leverage? Positive leverage arises when a business or individual borrows funds and then invests the funds at an interest rate higher than the rate at which they were borrowed. The use of positive leverage can greatly increase the return on investment from what would be possible if one were only to invest using internal cash flows.
Related Courses Expense Report Best Practices What is an Accountable Plan? An accountable plan is a corporate plan that follows IRS guidelines for employee expense reimbursement , so that the payments are not counted as personal income. The plan is used to keep from including reimbursement payments in an employee’s Form W-2, or to withhold income taxes from it.
Related Courses S Corporation Tax Guide What is Straight Debt? Straight debt is a written unconditional promise to pay a fixed amount, either on demand or by a specified date. It is not convertible into the equity of the issuer. Straight Debt Issues in an S Corporation The concept of straight debt is a particular concern in an S corporation , where any debt that is not straight debt can be considered a second class of stock.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Related Courses Budgeting Capital Budgeting Fixed Asset Accounting What is Capitalization Policy? A capitalization policy is used by a company to set a threshold, above which qualifying expenditures are recorded as fixed assets , and below which they are charged to expense as incurred. The policy is typically set by senior management or even the board of directors.
Related Courses Constraint Management What is Manufacturing Throughput Time? Manufacturing throughput time is the amount of time required for a product to pass through a manufacturing process, thereby being converted from raw materials into finished goods. The concept also applies to the processing of raw materials into a component or sub-assembly. The time required for something to pass through a manufacturing process covers the entire period from when it first enters manufacturing until it exi
Related Courses Accountants' Guidebook How to Audit Revenue Revenue Recognition What is Unrecorded Revenue? Unrecorded revenue is revenue that an entity has earned in an accounting period , but which it does not record in that period. The business typically records the revenue in a later accounting period, which is a violation of the matching principle , where revenues and related expenses are supposed to be recognized in the same accounting period.
Related Courses Accounting for Inventory Activity-Based Costing Cost Accounting Fundamentals Unit product cost is the total cost of a production run, divided by the number of units produced. It is useful to delve into the concept in more detail, to understand how costs are accumulated. A business commonly manufactures similar products in batches that may include hundreds or thousands of units per batch.
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content