Anfisa is a talented accountant.
In this blog she talks about accounting services, payroll, investment consulting, tax training and much more.
AnfisaWDmitrieva@www.business-accounting.net
Phone: 303-647-3438
Additionally, one must have at least three years’ experience in management accounting. The CGMA creates a path to so-called “C-Suite” positions because holders have the skills to participate in critical business decisions. Charles is a nationally recognized capital markets specialist and educator with over 30 years of experience developing in-depth training programs for burgeoning financial professionals. Charles has taught at a number of institutions including Goldman Sachs, […]
This type of transaction leaves the target company as an empty shell, if the buyer buys out the entirety of the target’s assets . A buyer often structures the transaction in order to “cherry-pick” the assets that it wants and leaves out the assets and liabilities that it does not. Many businesses utilize a pro forma template or a pro forma financial statement to account for the company’s business transactions and forecast cash flow. The smaller delayed repayments usually […]
However, a manufacturing contract only qualifies if it is for the manufacture of a unique item for a particular customer or is an item that ordinarily takes more than 1 year to manufacture. Long-term contracts for services do not qualify as a long-term contract under §460. However, unlike the Percentage-of-Completion Method, no entry is made at the end of year 1 to reflect the gross revenues, expenses, and gross profit (more…) […]
International Accounting Standard 7 is the International Accounting Standard that deals with cash flow statements. Since cash flows are vital to a company’s financial health, the statement of cash flows provides useful information to management, investors, creditors, and other interested parties. This information is available only in bits and pieces from the other financial statements. The statement of cash flows presents the effects on cash of all significant operating, investing, and fi […]
There are a number of expenses to account for when running your own business; some of these will be large and easy to identify, but some naturally smaller and harder to classify. Sundry expenses encompass the smaller, irregular expenses that may not be attributable to a specific cost account that you have set up within your accounting systems. Operating income looks at profit after deducting operating expenses such as wages, depreciation, and cost of goods sold. However, (more…) […]
Every time a company records a sale or an expense for bookkeeping purposes, both the balance sheet and the income statement are affected by the transaction. The balance sheet and the income statement are two of the three major financial statements that small businesses prepare to report on their financial performance, along with the cash flow statement. Derived from gross profit, operating profit reflects the residual income that remains after accounting for all the costs of doing business. All […]
Thank you for reading this guide to understanding what gross vs net means in a business financial context. As you’ll see in the file, you can easily change the numbers or add/remove rows to change the items that are included in the calculation. There are also many instances of net items that appear in financial statements. Lola Retreat, which helps bold women face their fears, own their dreams and figure out a plan to be in control of their finances. These two metrics can be used to evalu […]
You will find all the information you need to make the most of outsourcing accounting services on this page. We provide bookkeeping, payroll and accounting services across North America (USA & Canada) to a wide variety of clients. We consistently maintain the quality of our services and keep high quality standards for each of the … Continue reading “Five Signs It’s Time to Explore Outsourced Accounting Services”
Sage Timeslips Electronic Billing can be added on to let you meet your client’s corporate compliance guidelines in a fast and efficient way. With a single tool, you’ll simplify your billing process and satisfy your clients. You can generate these bills in a wide array of formats. Sage Timeslips eCenter lets you generate time and expense slips over the web so you’re always current on all your important time and billing activities—anytime and anywhere there’s an Internet c […]
This would continue until the asset was fully depreciated, having been completely expensed on the income statement and fully depreciated on the balance sheet. Partial-year depreciation also can be calculated using the sum-of-the-years’ digits method. Mega Coffee believes that at the end of the computers’ 5-year useful life, they will be worth $200,000. The company decides to depreciate the assets using the SYD method as it faces a fairly harsh tax environment. Also, there is a high […]
