May 1, 2020
Understanding the High-Low Method
When it comes to cost accounting, the high-low method is an approach that's used to…
March 1, 2020
4 Common Liquidity Ratios in Accounting
One way a business can manage its books and viability in the near and long…
February 1, 2020
Understanding Four Types of Depreciation
Depreciation is an accounting process where the cost of an asset is accounted for and…
January 1, 2020
How to Calculate and Analyze Return on Equity
When it comes to evaluating a business, especially one that is publicly traded, determining its…
December 1, 2019
Furniture, Fixtures and Equipment – and Depreciation
When it comes to determining depreciation for Furniture, Fixtures and Equipment (FF&E), there are many…
November 1, 2019
LIFO Versus FIFO and How Each Method Values Inventory
As the name implies, First-In, First-Out (FIFO) is a way for companies to value their…
October 1, 2019
When Full Costing Accounting Makes Sense
With more than 1.4 million accounting jobs in 2018, according to the Bureau of Labor…
August 1, 2019
Understanding and Applying Accounting Reports and Ratios
When it comes to tracking incoming sales and outgoing expenses, there are many ways businesses…