Bookkeeping

6 effective ways to build a sustainable business
Find Suppliers

Find Suppliers

While not all of the suppliers in the directory are manufacturers, you will still find hundreds, if not more, of them in the directory. Aliexpress.com is owned by Alibaba, but it was built to serve a different market. You won’t find as many manufactu...
Sunk Cost

Sunk Cost

in Excel to remove any emotion (related to sunk costs) and look at whatever decision maximizes the Net Present Value going forward. Financial modeling is performed in Excel to forecast a company's financial performance. Overview of what is financial ...
Sum of Year Depreciation

Sum of Year Depreciation

Thus, depreciation is charged on the reduced value of the fixed asset in the beginning of the year under this method. However, a fixed rate of depreciation is applied just as in case of straight line method. This rate of depreciation is twice the rat...
Substantive Procedures in Auditing: Definition & Explanation