Inventory represents another important area in a lot of organizations. This article provides a list of inventory best practices.

Accounts receivable represent another important area in the accounting realm of any organization. This article provides a list of accounts receivable best practices.

Accounts payable represent an important area in the accounting realm of any organization. This article provides a list of accounts payable best practices.

Big data, data mining and business analytics are on the rise these days. Are there ways these can be used by accountants? This article provides an example of using accounting (“big”) data to perform an analysis of customer profitability.

There are multiple types of costs and it may sometimes be hard to differentiate them. In this article, we will review cost classifications.

Year 2015 was an amazing year with a lot of new articles added to our website. The lists below show the most popular articles created in 2015 and most popular articles of all times.

What is a flexible budget? When would management prepare and use a flexible budget? In this article, we will look for answers to these questions.

This articles talks about one way (among others) to perform periodic accrual of annual (quarterly, etc.) expenditures.

Working capital plays in important role in a company. In this article, we will take a look at ten reasons working capital requirements can increase and how to better manage working capital.

Companies can invest in debt and equity securities. In this article we will discuss the three types of debt securities: held-to-maturity, trading and available for sale.