Adam Hill

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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: [email protected]ing.net
What are Income Statement Accounts?

What are Income Statement Accounts?

At the end of each accounting period, companies compile financial statements. Actually, they compile them throughout the year on all occasions. These statements consist of many accounts – basically, evidence that some transactions of money occurred before. Accounts can differ in nature, but they usually hold a number of deals of the same type. These
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The Product Cost and What It Usually Consists Of
Public Accounting Explained Thoroughly

Public Accounting Explained Thoroughly

A lot of the well-developed companies conduct their accounting themselves. They compile financial reports, deal with taxes, manage funds and review all of the above themselves. However, it’s not always done this way. Either because it’s simpler, cheaper, more effective, or simply because there’s a lack of certified accountants, a lot of the companies employ
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A Beginner’s Guide to Debits and Credits

A Beginner’s Guide to Debits and Credits

Background Accounting is essential for the functioning of an enterprise. It allows you to receive income from the work of the company, to record all receipts of funds, expenses. Accounting data is constantly changing with the business activity. The debits and credits can be said to be one of the main concepts in accounting. Both
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Comparison of Vertical and Horizontal Analysis

Comparison of Vertical and Horizontal Analysis

Overview Very often it can be considered as an unnecessary step. However, it is advisable to carry out vertical and horizontal analysis of financial statements at the initial stage of the economic analysis of the enterprise. The vertical analysis makes it possible to single out, taking into account the industry specifics, the assets components and
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