Accounting Articles

“Can we decrease the selling price of a product and stay profitable?” “Should we purchase a component part from a supplier in Mexico, Canada, China, or the EU, or should we manufacture it locally?" “How much would it cost us to manufacturer a product?” “What is the estimated profit of our North American division next year?” “How much in advertising expenditures can we budget for the next quarter?” “How much should we bid for a federal construction project?" “What is the anticipated cost of a litigation case?" … The list of questions managers face in their daily decisions is infinite. Managers are paid to manage people and make decisions. Many decisions are forward-looking and require an estimate of future benefits and costs. This is called a cost-benefit analysis. Often the cost-benefit analysis involves the comparison of a few alternative courses of actions, but sometimes it can be used to evaluate just one scenario.

Over the years we created hundreds of accounting articles and tutorials on various accounting topics ranging from debits and credits for accrued payroll to results of interesting peer reviewed accounting research to financial analysis. These are the most popular articles and tutorials on our website for your enjoyment.

Accounting is one of the desirable professions that brings a relatively stable and high income to those who choose it. In this article, we will take a look at accountant and auditors’ salaries by state and how the cost of living impacts them, which can be important when deciding where to find a better paying job.

Balanced scorecards have a long history in helping organizations become better at what they do. We have a brief review of balanced scorecards in this article.

Key performance indicators are important for the successful management of an organization.

Underreporting hours may not be seen as a significant issue, but there are very good reasons why audit firms have policies prohibiting it. In this article, we will talk about underreporting time, how it is impacted by auditor experience and professional commitment, and what can be done to reduce underreporting time by less experienced auditors.

Work-life balance and attractiveness of public accounting have been big topics. A lot of people and companies are talking about them. Has there been any improvement in these areas in audit firms? A recent research article looks at this question.

Annual budgets have been criticized and alternatives to them have been proposed: rolling budgets (forecasts), activity-based budgeting, zero-based budgeting and beyond budgeting. In this article, we will take a look at rolling budgets.

Annual budgets have seen a lot of criticism and competition from other budget (management) tools. Is the annual budget process so bad? Should it be completely eliminated and replaced with a new management tool? In this article, we will cover the perceived drawbacks of annual budgets and whether annual budgets should be eliminated.

Why do companies use budgets? How do firms see budgets from the standpoint of their importance and performance? In this article we will talk about these aspects of budgeting (planning).

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Accounting Articles
Accounting Articles include guides and answers. Accounting guides explain application of accounting principles in practice. Great assistance if you are looking for real-life accounting situations. Accounting answers explain particular accounting topics suggested by our website users. Great to find quick answers for specific topics.