With advances in technology and a focus on sustainability, businesses can effectively navigate the challenges of inventory obsolescence in today’s competitive landscape. Understanding the nuances of obsolete inventory accounting begins with recognizing the different types of inventory that can become obsolete. Raw materials, work-in-progress items, and finished goods can all fall into this category if […]

The number of shares outstanding consists of shares held by institutions, restricted shares held by company insiders, and shares available for investors to buy and sell on the open market. If there is a difference between the number of shares issued and outstanding, the difference is treasury stock. In other words, a company has issued […]

For instance, when available-for-sale securities are sold, unrealized gains or losses previously recorded in AOCI are reclassified to the income statement as realized gains or losses. Hedging reserves in AOCI arise from using derivatives to manage risks like interest rate, foreign currency, and commodity price fluctuations. Under hedge accounting rules, the effective portion of gains […]

Using both methods ensures your projected balance sheet is reliable and well-rounded. These articles and related content is the property of The Sage Group plc or its contractors or its licensors (“Sage”). Please do not copy, reproduce, modify, distribute or disburse without express consent from Sage.These articles and related content is provided as a general […]

Be sure to follow up with your client to ensure they’ve received your invoice and understand the payment terms. Get a free invoice template for Word, Excel, Sheets, or just copy and paste to make drafting an invoice fast and easy. This one is for the party goers or party planners, with added confetti. So, […]

This template is perfect for those who need to handle multiple line items or complex invoicing. Invoice plays an important role when doing business transactions with a client or customer. It’s a convenient tool to use when requesting payment from a client or customer whom you have rendered your services to. How to Make an […]

It ensures compliance with tax regulations by providing accurate information necessary for calculating taxable income, deductible expenses, and other relevant tax obligations. Editing and customizing these documents will only take you a few hours and our promise is that you will end up with a robust and compelling gym business plan with detailed financials. To […]

If this is an obstacle for you and your board, it’s time to consider hiring HOA bookkeeping as a service that can take the financial work off your hands. Freeing up time spent on the books allows you and the board to focus on more pressing HOA management issues. Experienced and knowledgeable professionals who can […]

Construction Bookkeeping Services are specialized financial management solutions tailored to the unique demands of the construction industry. Unlike general bookkeeping, these services focus on project-based accounting, ensuring accurate tracking of expenses, revenue, and profitability for each construction project. Boston Startup CFO’s fractional CFO services, starting as low as $500 per month, are particularly beneficial for […]

However, every stockholder’s number of shares has doubled—causing the value of each share to be worth approximately half of what it was before the split. If a corporation had 100,000 shares outstanding, a stockholder who owned 1,000 shares owned 1% of what are retained earnings the corporation (1,000 ÷ 100,000). After a 2-for-1 stock split, […]