Category: Accounting News

Liquidation Value Versus Going-Concern Value

Whether it's a company firing on all cylinders or a company on the verge of liquidation, determining correct valuations is not a cut-and-dry process.

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Working Capital and the Role it Plays in Your Business’ Success

The accounting term working capital is essential knowledge for all business owners. Basically, it is the ability of a business to meet its ongoing obl

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Accounting, ESG and The Role They Play in Business

Running a business has always been challenging, but in 2024, business leaders face unprecedented obstacles. The landscape is fraught with uncertainty

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Taking a Closer Look at Trial Balances

A trial balance is an accounting tool that helps businesses determine if the double entry accounting system has any mathematical errors. Once the tria

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Contingent Liability Defined

As the name implies, a contingent liability for a business does not always happen and depends on how the future unfolds. When it comes to a business a

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Optimizing Your Business’ Performance with Capacity Management

When it comes to business operations and measuring performance, the optimal production scale a company can sustain is an important metric to measure.

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Small Business Finance and Accounting Challenges: A Comprehensive Analysis

Small businesses play a vital role in driving economic growth and fostering innovation. However, these enterprises often grapple with unique financia

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