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
In regards to depreciation, salvage value is the estimated worth of an asset at the end of its useful life. If the salvage value of an asset is known , the cost of the asset can subtract this value to find the total amount that can be depreciated. Accountants use the straight line depreciation method because it is the easiest to compute and can be applied to all long-term assets.Companies have several different options for depreciating the value of an asset over time, in accordance with (more&h […]
Takeover premium is the difference between the market value of the company and the actual price to acquire it. Financial modeling is performed in Excel to forecast a company’s financial performance. When the business is threatened with insolvency, investors will deduct the goodwill from any calculation of residual equity because it has no resale value. An impairment in accounting is a permanent reduction in the value of an asset to less than its carrying value. If there is no impairment, […]
Sometimes these professionals discover evidence of fraud that can help a business regain its footing. Each firm deals with money in different ways, and scammers target organizations based on their duties. Some accountants work on a broader fraud cases, such as those working at law enforcement agencies or law firms. Accountants working in more specific fields, such as public accounting or insurance, typically focus on specific types of fraud, such as insurance fraud.
The premium can vary depending on many factors that are believed to affect the expected cost of future claims. Those factors can include the car characteristics, the coverage selected , the profile of the driver and the usage of the car . This covers all third-party liabilities and also covers the vehicle owner against the destruction of the vehicle by fire and theft of the insured vehicle. This kind of insurance and the two preceding types do not cover damage to the vehicle caused by the drive […]
The study also provides valuable information and comparisons helpful to all anti-fraud professionals in benchmarking their compensation levels and career growth. The training, fraud resources and continuing education provided by the ACFE will help in any stage of your career path. Refer to the Compensation section below for more information about the compensation ranges for External Auditors. Management accountants, also called cost, managerial, industrial, corporate, or (more…) […]
Operations management team decides to use $25,000 in retained earnings to cover this shortage. The first piece of information you need to calculate net loss is revenue, which is the income generated by the business. If net income and net loss are the “bottom line,” then revenue is the “top line.”
An income statement is a financial report that takes the total of revenues and expenses for a certain period of time and calculates the bottom line. Ideally, the bottom line is […]
What we basically do while dreaming is processing all the events that happened during that day, or over a longer period, in a symbolic and completely subjective manner. It’s like a movie that reflects our perception of the world, which is why it’s always good to reflect on our dreams. In case you’re seeing a therapist, it can be of double importance. Let’s move forward and see what types of journals are out there, and how you can benefit from keeping each of them. You ca […]
For tax purposes, partnerships often prepare an income statement that allocates income and expenses according to directions contained in a written partnership agreement or based on the contribution levels of each partner tracked in a separate capital account. There are no financial statements that are required to be included or incorporated by reference in the SEC Documents that are not included or incorporated by reference as required. Except for the number of partners’ equity accounts, […]
These discounts can include the promotional sales, coupons, volume purchases or other similar pricing strategies. Although trade discounts reduce the amount of gross profit on the sale of individual goods or services, companies often make this profit back through volume sales. A trade discount is a routine reduction from the regular, established price of a product. The use of trade discounts allows a company to vary the final price based on each customer’s volume or status. A seller gives […]
With a few exceptions, the majority of the data used in ratio analysis comes from evaluation of the financial statements. Financial ratio analysis is used to extract information from the firm’s financial statements that can’t be evaluated simply from examining those statements. Financial ratio analysis uses the data gathered from the calculation of the ratios to make decisions about improving a firm’s profitability, solvency, and liquidity. Whereas, Long […]
