by Service2Client | Jun 1, 2025 | Accounting News, Blog
Whether it’s maintaining compliance with accounting standards or ensuring asset values are not overvalued for internal stakeholders or external existing or potential new investors, looking at net realizable value (NRV) is an important concept to understand and...
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...
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