The yield would refer to the interest and dividend income earned on the fund but not the increase—or decrease—in the share price. Coupon rates can be real, nominal, and effective and impact the profit an investor may realize by holding fixed-income debt security. This figure is the value based on the principle that the borrower […]
Category Archives: Bookkeeping
Both inflows and outflows are included within each category. Taking time to learn the accounting equation and to recognise the dual aspect of every transaction will help you to understand the fundamentals of accounting. Whatever happens, the transaction will always result in the accounting equation balancing. However, when the owner’s equity is shifted on the […]
Capital expenditures and revenue expenditures are two types of spending that businesses have to keep their operations going. Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy. […]
Plus, not every online bookkeeping service works with both accrual-basis and cash-basis accounting—but Bookkeeper.com does. Any individual with a preparer tax identification number (PTIN) is eligible to file your income taxes on your behalf. However, this doesn’t necessarily mean they will be the best candidate to provide the help you need with your income tax […]
It adheres to generally accepted accounting principles where every transaction gets tracked by a comprehensive interface. The process starts with the source documents, then moves on to the ledger, journal, trial balance, and finally- financial statement preparation. (d) Culturally, socially, and politically, the ramifications of TEA are not understood. As an alternative to transaction fraud, […]
Now that you’re familiar with financial statements, we can discuss revenue and expense recognition principles. Lastly, the cash flow statement (CFS) shows a company’s cash inflows and outflows over time. There is no doubt that if you interview for an entry-level position in investment banking, equity research, or asset management, you will have to be familiar with […]
But if you’re running your own business, it’s essential to delve into a more technical understanding of the concept. In areas where there is a competitive market for services, it is impossible for a supplier to enforce value billing because similar services can be provided by competitors at a lower cost. These are just a […]
Friendly, efficient, reliable, and knowledgeable, our representatives are on call waiting to speak to you about your bookkeeping needs today. If you prefer, you can also send us an email which we will respond to as promptly as possible. At Arlington Bookkeeping, we’re here for you, whether at our office, by phone, or by email. […]
Even when using codes, your records should still include a description of each transaction. Then, even if you pass your books on to an accountant or bookkeeper, the descriptions will help them track what’s what. When you assign a code to each type of transaction, searching your ledger becomes much easier. For instance, when doing […]
Alternatively, this block may state that the amount is payable in full upon the customer’s receipt of the invoice. The vendor receives the purchase order and then drafts an invoice to send to the vendee. Vendors view invoices as a sales invoice because they are the ones selling the goods. Vendees, on the other hand, […]