Accounting articles

Quickbooks Online Review

With simple set-up, you can easily manage your customers, vendors, clients, inventory and finances. QuickBooks has both an online version and a desktop version, and there are pros and cons for each. The least expensive desktop version , is a one-time... Read more

Retained Earnings Formula Definition

On the other hand, though stock dividends do not lead to a cash outflow, the stock payment transfers part of the retained earnings to common stock. For instance, if a company pays one share as a dividend for each share held by the investors, the pric... Read more

What Is Comprehensive Income?

The second format of Statement of Comprehensive Income is the multiple-step of the income statement. In the expenses section, the cost of goods sold, operating expenses, and loss of the exchange rate are recorded in the same sections. This governs th... Read more

What Is Public Accounting?

Public accounting offers specialization and the opportunity for much advancement in exchange for what some would consider higher stress levels. It is likely that accounting professionals will work in both the public and private sector over the course... Read more

Public Vs Private Accounting

Public accountants work at a third-party firm and work with clients to review and prepare financial documents that are required to be disclosed to the public. At the simplest level, public accountants work to verify financial documents, reports, and... Read more

Present Value Formula

An annuity is an investment in which the purchaser makes a sequence of periodic, equal payments. To find the amount of an annuity, we need to find the sum of all the payments and the interest earned. The present value of an annuity due is calculating... Read more