Articles

Overview In the course of their activities, enterprises are faced with certain costs, without which it is impossible to achieve goals and which are the main constraints to business success. Hence, we can conclude that the efficiency of an enterprise directly..

Accounting Equation To help you better grasp the meaning of the Opening Balance Equity why it is created and what you should do with it, we are going to review some basic accounting concepts. Many do not know that the whole..

Nowadays, 3-way match processing is widely used by accountants and business owners. What is this and what role does it play in business processes and success? Get answers to these questions in this article. Overview Doing business does not just mean..

Definition It is hard to imagine any type of business without at least some time of long-term assets on its books. They are used in offices, in manufacturing facilities, to provide services, and so on. Most of these assets can be..

Definition Stockholders’ equity shows what funds the investors who purchased the company’s stocks own in the company. This is a financial indicator that characterizes the amount of funds owned by members of the organization. Equity and net assets are essentially synonyms...

Financial Forecasting The effective activity of enterprises in a market economy largely depends on how reliably they foresee the long-term and short-term prospects of their development, that is, on forecasting. Forecasting the activities of enterprises is an assessment of the prospects..

Prepaid expenses The expenses of an organization are recognized as a decrease in economic benefits as a result of the disposal of assets (cash, other property) and (or) the occurrence of liabilities, leading to a decrease in the capital of this..

When you sell goods or maybe your business provides services instead, you get paid money which is considered to be your revenue. It is one of the most important aspects of a company’s operations and reporting. In this regard, of course,..

Due to the impact of many objective factors (growth of business complexity, the need to diversify risks, the possibility of tax optimization, etc.), many entrepreneurs have a real need for the simultaneous development of many areas of activity, formation of many..