We continue our discussion of an accounting system designed to produce periodic financial statements with a specific focus on adjusting and closing entries.
An in-depth look at business policies regarding sales discounts, returns of merchandise sales and credit card sales on the financial position and profits of a company
Here we take a look at accounting for inventory and how it can have a significant impact on the reported results of operations and financial position of a company.
Some of a company's most valuable assets are operating assets such as property, equipment, patents, trademarks, and other assets providing long-term benefits to the company.
Here we present the Balanced Scorecard and how management can use it as a strategic performance measurement system that ties performance measures to an organization’s strategy.