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Category "Accounting"

A guide to cash flow from operations

A guide to cash flow from operations

Cash flow from operations is the actual cash generated from business operating activities such as cash received from customers visa vie cash paid on operational expenses. Cash flow from operations is accounted for when preparing the company’s cashflow statement which shows the actual movement of cash within the business as a result of operating, financial and investing activities. A guideline of cash flow from operations is given in this article.
Pros and cons of limited liability companies

Pros and cons of limited liability companies

Many businesses will start as sole-trader or partnerships. This is simple to set up and, when the business and its liabilities are small, carries few real risks. However, as companies grow, incorporation becomes more attractive.
What is auditing?

What is auditing?

In this article, we'll discuss what is meant by the term audit, and how an internal audit differs from an external audit.
A guide to financial tools

A guide to financial tools

Financial Tools is a lending software solutions company for credit unions and banking. Offering a one-stop shop for lenders, its methods of streamlining and data tools include assessment needs for credit risk, portfolio risk management, CRE analysis, stress testing and more. Their CASH programmes provide comprehensive training and support for risk management as well as to business development/sales management.
All about: Reed Accountancy

All about: Reed Accountancy

Are you searching for a job? Since it is definitely not an easy task, it would be better to have an expert by your side who can help you find the ideal job. Read the following article and find out about Reed Accountancy, a website that collects job vacancies from an impressive number of other recruiting sites (a little less than ten thousand sites) and categorises them.
All about: Account reconciliation

All about: Account reconciliation

Account reconciliation practices have come into question over the last decade due to corrupt practices that have caused the collapse of major multi-national firms. This article briefly explains what account reconciliation is and how accountants do it within organisations.
How to become an accountant

How to become an accountant

Before you pursue public accounting, you should have a clear idea of what it is you want to do. An accountant handles bookkeeping and tax, while a CPA does the functions of an accountant plus other tasks. Many CPA's expand into a number of endeavours; they are considered one of the toughest career choices as far as education is concerned.
What is a bill of materials?

What is a bill of materials?

The growth of management science over the last half century has created a lot of systems and documents that help administrators in the running of companies. The following article explains how the bill of materials has been a revolutionary document that brings significant benefits to the manner in which modern businesses operate.
Top 7 money saving ideas

Top 7 money saving ideas

If your outgoings have crept up over the months, you need to identify ways to save money. If you're wondering how to save money, documentating all of your expenses in a spreadheet is fundamental to identify any excess. You can then scrutinise your expenditure and employ these money-saving tips.
The pros and cons of an Individual Voluntary Arrangement

The pros and cons of an Individual Voluntary Arrangement

What is an IVA? An Individual Voluntary Arrangement is a legally binding arrangement with creditors to repay some of your unsecured debt over a period of 60 months. It's the main alternative to bankruptcy for people with serious debt problems of over £15,000. The sooner you get IVA help, the more quickly you'll be able to enjoy a debt-free life.
How to calculate accounts receivable turnover

How to calculate accounts receivable turnover

Knowing how many times a business turns over its accounts receivable is a useful guide to the speed it collects its debts. Here, we look at the turnover formula used and other points to consider once you have the information.
What to consider when looking at foreign exchange quotes

What to consider when looking at foreign exchange quotes

Investors who are looking at getting involved in the Forex market will need to understand that there is a steep learning curve involved. Many people who are new to Forex will find that there are parts of the system which they do not understand. Investors must learn how to read a Forex quote before they invest their money.
How to increase your credit score

How to increase your credit score

A number of people fail to realise how important their credit score really is. In today’s modern world where a number of borrowers fail to pay their debts and file for bankruptcy, lenders are increasingly emphasising the need for you to have a great credit score. A credit score is a three-digit number generated from your credit report. If you have a lower score, there are some ways tin which you can increase your score.