by Service2Client | May 1, 2025 | Accounting News, Blog
Bad debt expense is an important concept that businesses must account for when it comes to their financial reporting. Regardless of the timeframe a company accounts for, it helps companies determine what portion of their receivables are collectible and what portion...
by Service2Client | Apr 1, 2025 | Accounting News, Blog
Depreciation can help a business realize tax benefits, maintain compliance with financial reporting requirements, and project asset replacement. The half-year convention for depreciation is an important practice to understand.For fixed assets, depreciation is...
by Service2Client | Mar 1, 2025 | Accounting News, Blog
When it comes to financial analysis, there are two metrics that internal stakeholders and external users, such as investors and analysts, can use to assist with analyzing a business’s operations.Free cash flow to the firm (FCFF) is used as part of a discount...
by Service2Client | Feb 1, 2025 | Accounting News, Blog
With the number of Amazon Prime member subscribers growing from 58 million in 2016 to 180 million in 2024, according to Statista, there’s a sustained recurring subscription model that one of America’s most successful retailers has increased more than 200...
by Service2Client | Jan 1, 2025 | Accounting News, Blog
A Dec. 3 proposal from FASB’s Accounting Standards Update (ASU) might provide some flexibility for private businesses and select nonprofits. “Financial Instruments – Credit Losses (Topic 326)” looks at measuring credit losses for contract...
by Service2Client | Dec 1, 2024 | Accounting News, Blog
Also known as greenhouse gas (GHG) accounting, carbon accounting is a way for managers and analysts to measure a company’s total carbon emissions. It’s a comprehensive approach to analyze how a company uses energy for its buildings, offices,...
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