How to Account for Bad Debt Expense

🖨 Print⏱ 4 min readShare by 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 … Continue reading →

🖨 Print⏱ 3 min readShare by 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 … Continue reading →

🖨 Print⏱ 3 min readShare by 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 … Continue reading →

🖨 Print⏱ 4 min readShare by 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 … Continue reading →

🖨 Print⏱ 4 min readShare by 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 … Continue reading →

🖨 Print⏱ 3 min readShare by 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 … Continue reading →