Accounting articles

Landlord Tax Guide

Landlord Tax GuideA liability, in general, is an obligation to, or something that you owe somebody else. Liabilities are defined as a company's legal financial debts or obligations that arise during the course of business operations. Liabilities are... Read more

How To Do Bank Reconciliation

How To Do Bank ReconciliationSome organizations consider the bank reconciliation to be so important that they conduct one every day, which they accomplish by accessing the latest updates to the bank's records on the bank's secure website. This is of... Read more

Points, Lines and Curves

Points, Lines and CurvesLikewise, the distance from a point to a curve is measured by a line segment that is perpendicular to a tangent line to the curve at the nearest point on the curve. The distance from a point to a line is the distance to the ne... Read more

Who Goes to Prison for Tax Evasion?

Who Goes to Prison for Tax Evasion?Your Nanny Gets Hurt on the JobAdditional terms and restrictions apply; See Free In-person Audit Support for complete details. Some employers choose to pay their employees in cash rather than by check or direct depo... Read more

Quality Synonyms

Quality Synonymspremium in FinanceWhat is the meaning of premium quality?The definition of premium is something or someone of greater or superior quality. An example of premium used as an adjective is the phrase premium gasoline which means a gasolin... Read more

Why Major Companies Have 2 CEOs

Why Major Companies Have 2 CEOsUnderstanding Chief Executive OfficersDirectors appoint–and can fire–upper-level managers such as the CEO and president. The chairman typically wields substantial power in setting the board’s agenda and determining the... Read more

Chief Executive Officer

Chief Executive OfficerCEO SalaryThe board establishes corporate management policies and decides on big-picture corporate issues. Because the board is in charge of executive functions, and the CEO is responsible for integrating company policy into da... Read more

Actual cost — AccountingTools

Actual cost — AccountingToolsFor example, if Company A has $100,000 in sales and a COGS of $60,000, it means the gross profit is $40,000, or $100,000 minus $60,000. Divide gross profit by sales for the gross profit margin, which is 40%, or $40,000 di... Read more