Adam Hill started accounting and trading back in 2007. He has achieved quite a lot of success. Now he decided to open his blog. Here he publishes articles on accounting. For any questions of interest, please contact us by e-mail: admin-hill@online-accounting.net
An FTE is the hours worked by one employee on a full-time basis. The concept is used to convert the hours worked by several part-time employees into the hours worked by full-time employees. On an annual basis, an FTE is considered to be 2,080 hours, ...
Then, as it sells the items, it expenses $1 worth of the freight charge for each one sold. If it sold 85 of them, for example, it would expense $85 of the fright charge, reducing profit by $85. The remaining $15 of the charge remains locked up in inv...
Companies that experience surging FCF—due to revenue growth, efficiency improvements, cost reductions, share buybacks, dividend distributions, or debt elimination—can reward investors tomorrow. That is why many in the investment community cherish FCF...
(TCO 5) The three main components of the fraud triangle are (Points : 3) rationalization, opportunity, and greed. opportunity, motive, and lack of ethics. motive, opportunity, and rationalization....
The current rate method is a method of foreign currency translation where most items in the financial statements are translated at the current exchange rate. When a company has operations in other countries, it may need to exchange the foreign curren...