See Also: Chart of Accounts (COA) Working Capital Analysis Quick Ratio Analysis Current Ratio Definition Financial Ratios Common Size Financial Statement Contra Asset Account Balance Sheet Definition The balance sheet is a financial statement that shows a company’s financial position at a point in time. The balance sheet format comes in three sections: assets, liabilities, and owners’ equity. The
See Also: Chart of Accounts (COA) Problems in Chart of Accounts Design Complex Number for SGA Expenses Role of a Company Back Office Standard Chart of Accounts In accounting, a standard chart of accounts is a numbered list of the accounts that comprise a company’s general ledger. Furthermore, the company chart of accounts is basically a filing system for categorizing all of
See also: Commission Accounting PEO Arrangement Compared to Outsourcing Payroll Direct Labor Pension Plans Federal Unemployment Tax Act (FUTA) Outsourced Accounting Services Payroll Accounting is the function of calculating and distributing wages, salaries, and withholdings to employees and certain agencies. It is generally done through different documents such as time sheets, paychecks, and a payroll
See: Balance Sheet Balance Sheet Definition The balance sheet is a financial statement that shows a company’s financial position at a point in time. The balance sheet format comes in the following three sections: Assets Liabilities Owners’ equity The assets represent what the company owns. Then, the liabilities represent what the company owes. Finally, the owners’ equity represents shareholder interests in the company. The value of the company’s assets must equal the
See Also: Balance Sheet How to collect accounts receivable Factoring Quick Ratio Analysis Current Ratio Analysis Financial Ratios What is Working Capital? Use the following formula to figure out what is working capital. Formula: Current Assets – Current Liabilities = Working Capital Working Capital Definition The Working Capital definition or WC is the difference between
See Also: Trade Credit Trade Account Exchange Traded Funds Currency Exchange Rates Currency Swap Trade Finance Definition Trade Finance is the movement of assets, transactions, or investments overseas into other markets. To ensure the safety of a purchaser or seller trade finance, banks often provide a needed service to make the transactions as meaningful and
See Also: Mezzanine Debt Financing (Mezzanine Loans) Collateralized Debt Obligations Outstanding Debt Self-Liquidating Loans Loan Term What Your Banker Wants You to Know Alternative Forms of Financing Subordinated Debt Definition Subordinated debt is a security which has a residual claim upon a company’s assets, after the senior debt holders have had their claims satisfied. Meaning
See Also: Pension Plans Keogh Plan Credit Life Insurance 401k Individual Retirement Account (IRA) Revocable Trust Definition A revocable trust is an agreement between a grantor and trustee where it transfers profit generating assets to the trustee. However, the grantor is still able to generate income from the assets. The grantor is also able to
See Also: How Factoring Can Make or Save Money How important is personal credit in negotiating a commercial loan? Payroll Accounting Accounting Concepts Marginal Costs Nest Egg Definition A nest egg is an amount of assets or cash put away for a certain cause or purchase like retirement. The assets are usually invested very conservatively.
See Also: Working Capital From Real Estate Asset Based Financing Loan Agreement Pledged Collateral Collateralized Debt Obligations Negative Equity Definition The negative equity definition is when the the value of a loan is more than the value of the assets used to collateralize the loan. In addition, negative equity loans usually occurs because the value of
See Also: Accounting Income vs Economic Income Depreciation Cash Flow Statement Income Statement Generally Accepted Accounting Principles Goodwill Accounting Term The goodwill accounting term is an intangible asset. It represents non-physical assets, such as brand name and reputation, and shows up on the asset side of a company’s balance sheet. A company often acquires goodwill
See Also: Accounting Asset Definition Asset Market Value vs Asset Book Value Long Term Debt to Total Asset Ratio Analysis Return on Asset Analysis Financial Assets Definition Financial assets definition is a contractual security that possesses a claim upon a company or person’s real assets. In comparison, a company invest the cash received from issuing
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