Bookkeeping

One source for financial ratios by industry is the RMA Annual Statement Studies Financial Ratio Benchmarks. Ratios are computed from Dun and Bradstreet’s large database of financial statements for public and private companies. Another key source of industry ratios is Dun & Bradstreet’s database of Key Business Ratios. Sixteen common ratios along with balance sheet […]

Corporate bonds range from safer (investment-grade) to high-yield or “junk” (non-investment grade) bonds. Corporate bonds are bonds issued by corporations/companies seeking to raise funds for expansion or other projects. These bonds are considered low risk because they are backed by the full faith and credit of the government. Understanding the different types of bonds can […]

As you can see in the example below, if a company takes out a bank loan of $500,000 that equally amortizes over 5 years, you can see how the company would report the debt on its balance sheet over the 5 years. It is classified as a non-current liability on the company’s balance sheet. The […]

These simple drawing tutorials are designed for kids of all ages, even the grown-up ones. Under IFRS for SMEs §2.12, this separation is required even when legal ownership overlaps. Failure to record them may overstate capital, leading to inaccurate solvency ratios. The owner removes $2,000 worth of inventory for household consumption. Ariel Easy Drawings9 Products […]

As your company expands across teams, geographies, and transactions, financial transparency becomes increasingly important. Juggling spreadsheets or simple tools may have worked in the early days, but for businesses, they quickly become impediments to growth. Both refer to the use of software to streamline the accounts payable process, from invoice intake and approval workflows to […]