This helps ensure your business stays on the right track and that you identify potential problems and pitfalls before they arise. Our team can partner with company leadership to establish goals [...]
By calculating manufacturing costs, companies can clearly understand the true cost of making a product. Based on this information, the company’s management can add a markup to determine [...]
How much you’ll pay for a preferred stock depends on the company issuing the stock. In general, the cost is influenced by both the stock market and the preferred dividends. Although [...]
Whether you need help with accounting, business capital advice, interest rate reviews, and more, we provide the best-in-class service you’d expect from leading accounting firms in Kansas City. [...]
The sales tax did not begin to take effect until the Great Depression. State governments had trouble finding ways to collect revenue effectively. Of the many methods tried, the sales tax was the [...]
The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. [...]
This yearly decrease in value has a significant effect on an asset’s net book value, as the net book value essentially represents the current worth of the asset after accounting for [...]
Retained earnings are calculated by subtracting dividends from the sum total of retained earnings balance at the beginning of an accounting period and the net profit or (-) net loss of the [...]
In this journal entry, cash is increased (debited) and accounts receivable credited (decreased). We’ll assume that your company issues a bond for $50,000, which leads to it receiving that amount [...]
Formerly a partner of a Top Ten accounting firm in London, he now runs a small accounting practice closer to home with a committed team of finance professionals. A private pilot and keen scuba [...]