Motherhood and Beyond

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Bookkeeping

Generally Accepted Accounting Principles

Content Actuarial Standards Basics Of Gaap What Are The Basic Principles Of Accounting? Generally accepted accounting principles, or GAAP, are a set of rules that encompass the details, complexities, and legalities of business and corporate accounting. The Financial Accounting Standards Board uses GAAP as the foundation for its comprehensive set of approved accounting methods and […]

Types Of Accounts In Accounting

Content Interest Payable French Gaap Chart Of Accounts Layout Liabilities In Accounting Balance Sheets Accounts payable, also called payables or AP, is all the money you owe to vendors for things like goods, materials, or supplies. Again, liabilities are present obligations of an entity. In case the contingent liability is measurable in monetary form, where […]

How to Start a Bookkeeping Business in 8 Steps

How to Start a Bookkeeping Business in 8 Steps Their team consists of certified accountants and QuickBooks professionals so you know you are in good hands. Bench provides online bookkeeping services by professional bookkeepers. As you establish a client base and get more comfortable with your bookkeeping business, continue your learning and consider offering more […]

What Book Value Means To Investors

Content The Difference Between Market Value Per Share And Book Value Per Share What Is The Difference Between Book Value Per Common Share And Nav (net Asset Value)? Book Value On A¬†Balance Sheet Read More In Accounting Rachel has served as Academic Director at Bloomberg, as well as Exam Development Director at the CFA Institute. […]

Standard Costing

Content Sales Accounting Four Types Of Revenue Variance Labor Rate And Efficiency Variances Accounting Help We can gain additional insight regarding the reasons for this overrun by separating the total variance amount into two elements-a labor rate variance and a labor efficiency variance. and market size variances are added together, they will be equal to […]

Discretionary Vs Committed Fixed Costs

Content Elements Of Cost Behavior Features Of Flexible Budget An Example Of A Discretionary Fixed Cost Is A The Importance Of Technology In Driving Change Management Discretionary costs can be any type of period cost. (d.) The budget time period is not relevant to whether it is discretionary or not (a.). The only way to […]

What Is The Average Payment Period?

Content Limitations Of The Average Collection Period Ratio Average Bijv Nw. How To Calculate The Average Collection Period Ratio What Is The Average Collection Period Ratio? One Comment On Average Payment Period Calculator When calculating the average collection period for an entire year, 365 may be used as the number of days in one year […]