To record and manage an asset, an organization should be able not only to identify the asset but also to measure it. This is especially important in the case of intangible assets, which can substantially increase the value of the organization. In this article we will discuss the three major valuation approaches used to measure intangible assets.
If you ever worked in an accounting department, you are probably familiar with reversing entries. However, for non-accountants reversing entries represent an accounting term which may sound technical and confusing. In this article we will talk about reversing entries and why they are used.
Have you ever wondered if increasing revenues provides more value to shareholders of a company than decreasing costs (i.e., margin improvements)? In this article we look at a ratio called Relative Value of Growth that can help answer this question.
Record keeping is essential for operating a business. Record keeping can be manual or computer-based. Both ways have their advantages and disadvantages. In either case, cost of record keeping is usually high.
Do you normally just look at the net income of a company? Do you analyze the company's cash flows from operations? See how the two are connected in this article discussing the quality of income.
What are operational obligations? What are financing obligations? How is a bond different from a note payable? How to define long-term liabilities? Find answers in this accounting article.
Why isn't managerial accounting used for external financial reporting? Why isn't financial accounting sufficient to run a company? Find answers to these and other questions in this article.
What do investing and financing activities and related cash flows represent? How are they different? Why are non-cash activities presented as part of the cash flow statement? Answers to these questions are available in this article.
Does operating income equal operating cash flows? Is it good when there are negative cash flows? Answers to these and other questions are in this accounting article.
Should the useful life of a newly acquired fixed asset be the same as its physical life? This and other questions related to fixed asset useful lives are answered in this article.
- Accounting and computers
- Accounting assumptions
- Accounting careers
- Accounting principles
- Accounting research and facts
- Accounts payable
- Accounts receivable
- Accrual accounting
- Accruals
- Activity based costing
- Assets
- Auditing
- Balance sheet
- Bookkeeping
- Business analytics
- Cash
- Cash flow statement
- Compensation
- Cost accounting and analysis
- Cost of sales
- Credits
- Debits
- Deferrals
- Equity
- Equity statement
- Expenses
- Financial ratios
- Fixed assets
- Fob
- General ledger
- How to's
- Income statement
- Intangible assets
- Internal controls
- Inventory
- Journal entries
- Liabilities
- Manufacturing and Nonmanufacturing Costs
- Payroll
- Reconciliations
- Revenues