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A Guide on How to Increase Liquidity Ratio

What is the liquidity ratio?The attractiveness of an enterprise for customers and creditors is traditionally assessed through the analysis of financial statements. Analysis of liquidity indicators is necessary both for the internal needs of enterpris... Read more

Statement of Comprehensive Income

OverviewThere are numerous financial reports that a company can prepare. Each presents different financial information and serves a different purpose. Financial analysts, for instance, rely on financial reporting data to measure performance and predi... Read more

Financial Leverage Explained with Example

DefinitionFinancial leverage is the ratio of a company's debt to equity. It characterizes the degree of risk and stability of the company. The less financial leverage, the more stable the position. On the other hand, borrowed capital allows you to in... Read more

A Comparison of Direct vs Indirect Cash Flow

OverviewThe main source of funds for the enterprise is the proceeds from the sale of products/services and profits. The absolute value of these indicators, as well as their dynamics for the reporting period, characterize the efficiency of the enterpr... Read more

What Does Public Accounting Mean?

OverviewAccounting is an all-encompassing term that can mean regular general ledger accounting, creating financial statements, performing audits, doing taxes, and much more. The two general categories of accounting are public and private.Public accou... Read more

Simple Explanation of Payroll Accounting Steps

PayrollSalaries are the main motivating factor in one's work. Besides the actual amount, a no less important factor is the correctness of its calculation and timely payment. For an employer, wages often fall under the main expenses that need to be co... Read more