Technical Blogs
Understanding Profit and Loss Report
Understanding Profit and Loss Report Firstly, a profit and loss account is called other names; income statement, earnings statement, revenue statement, or an operating statement. Every public company must release the profit and loss statement [...]
Small Business Financial Budgeting & Planning
Small Business Financial Budgeting & Planning Small Business Financial Budgeting & Planning Businesses need a budget. The size of the business is irrelevant as to the determination of the need for a budget. It [...]
Accrual Vs Cash Reporting
Accrual Vs Cash Reporting Accrual Vs Cash Reporting Although accounting is important for a business, choosing a suitable accounting system is more important. That is why it is essential to know the pros and cons [...]
Operating Profit Margin, What is it and Why it is Important
Operating Profit Margin, What is it and Why it is Important Operating Profit Margin, What is it and Why it is Important In evaluating a business, investors and analysts rely on the operating profit margin. [...]
Depreciation Demystified For Small Business Owners.
Depreciation Demystified For Small Business Owners. Depreciation Demystified For Small Business Owners. As a small business owner, there will be a need to invest in the purchase of equipment, machinery, operational vehicle and other forms [...]