Accounting Blog - Online Accounting

Public Accounting Explained Thoroughly

Aug 26, 2021 Accounting Blog by Adam Hill

Either because it’s simpler, cheaper, more effective, or simply because there’s a lack of certified accountants, a lot of the companies employ the help of public accountants. They aren’t associated with the company directly and don’t count as their e...

A Beginner’s Guide to Debits and Credits

Jul 30, 2021 Accounting Blog by Adam Hill

The ancestors of the foundations of accounting are considered to be the ancient Egyptians (they developed the basics of inventory) and the Incas (they developed the basics of double-entry system described below). In Eurasia, but already in this mille...

Comparison of Vertical and Horizontal Analysis

Jul 29, 2021 Accounting Blog by Adam Hill

The management and investors typically do horizontal and vertical analysis to visualize the changes that have occurred in the main items of the financial reports. Such analysis also helps managers make decisions about how to proceed with their busine...

Investing Activities: Explanation and Types

Jul 28, 2021 Accounting Blog by Adam Hill

More specifically, investing activity is the purchase or sale of long-term assets and other investment objects that are not cash equivalents. Investment activities also involve investments into securities, bonds, and other trading instruments....

Credit Risk: Explanation and Management

Jul 27, 2021 Accounting Blog by Adam Hill

In everyday language, risk often has a negative connotation or as a synonym of the probability of loss or danger. Economic risk is the kind of risk that affects the performance of businesses and is closely related to the balance between costs and rev...