Accounting

How is accounting used in business? It might seem obvious, but in managing a business, it’s important to understand how […]

What does an audit report contain? Most audit reports on financial statements give the business a clean bill of health,

What does an audit do? If a business breaks the rules of accounting and ethics, it can be liable for

What is accounting fraud? Accounting fraud is a deliberate and improper manipulation of the recording of sales revenue and/or expenses

What are independent auditors? Indpendent CPA auditors are like referees in the financial reporting arena. The CPA comes in, does

What is acid test ratio and ROA ratio? Investors calculate the acid test ratio, also known as the quick ratio

What are other ratios used in financial reporting The dividend yield ratio tells investors how much cash income they’re receiving

43 What’s the difference between private and public company reporting A public corporation is a business whose securities are traded

42 What is price/earnings ratio The price/earning (P/E) ratio is another measurement that’s of particular interest to investors in public

What is earnings per share Publicly owned companies must report earnings per share (EPS) below the net income line in