Category Archives: Bookkeeping

The best of times: Opportunities for accounting firms in 2024

This includes the use of standard capital budgeting metrics, such as net present value and internal rate of return, to assist decision-makers on whether to embark on capital-intensive projects or purchases. Managerial accounting involves examining proposals, deciding if the products or services are needed, and finding the appropriate way to finance the purchase. It also […]

Vertical Analysis What Is It, Formula, Examples, Advantages

If you’re new to the balance sheet, understanding each of its components can seem like an overwhelming and complicated ordeal. Vertical analysis is used to gain a picture of whether performance metrics are improving or deteriorating. A leveraged buyout (LBO) is a transaction in which a company or business is acquired What is bookkeeping using […]