Bookkeeping

GE’s New CFO Has an $8 Million Incentive to Stay
How to convert accrual basis to cash basis accounting
Reconciliation

Reconciliation

To better explain account reconciliation, it is one of the most common yet important actions taken for managerial accounting. It is also important to reconcile balance sheet accounts at the end of a period (month, quarter, or year-end) as part of the...
Cash receipts procedure

Cash receipts procedure

However, I have not been able to establish a good set of internal controls to keep this situation from happening. And what does either of those things have to do with control of cash receipts and disbursements?...
Current Ratio Definition

Current Ratio Definition

A high current ratio can be a sign of problems in managing working capital (what is leftover of current assets after deducting current liabilities). While a low current ratio may indicate a problem in meeting current obligations, it is not indicative...