• Bookkeeping

Look for software that seamlessly integrates with your existing accounting platform and provides real-time insights into your receivables. Offering early payment incentives is a tried-and-true method to boost your collection efforts. Encouraging clients to settle their accounts earlier than the due date can significantly shorten your Average Collection Period. In this article, we explore what […]

The cash conversion cycle measures the time it takes for a company to convert its investments in inventory and other resources into cash inflows from sales. It is closely related to the quick ratio as it affects a company’s liquidity. It might suggest that the company is struggling to convert its assets into cash quickly, […]

Ideally, accountants and finance professionals should use multiple metrics to understand a company’s status. The ideal liquidity ratio for your small business will balance a comfortable cash reserve with efficient working capital. But because it does not take into account how long the accounts receivable will be realized as cash, it may still affect the […]

Donations can come from individuals, corporations, or other entities, often driven by the desire to support the organization’s mission. These donations may be one-time gifts or recurring contributions, and they can vary in amount from a few dollars to significant sums. Grants, on the other hand, are typically funds provided by foundations, government agencies, or […]

A budget describes your project in numbers just as a proposal describes it in words. Often funders will look at the budget component of your proposal before they read anything else. While the goal is to maximize resources and achieve mission-driven objectives, nonprofits often encounter significant challenges in their financial planning. Below, we explore the […]

If you’re unsure about the specific meaning in a conversation, it’s always best to ask for clarification. In a sexual context, MM stands for “married man.” It is often used by individuals who are having an affair with a married man or woman. When it comes to interacting with mm meaning a married man (MM), […]

This can help you build a stronger connection and avoid fixed assets misunderstandings. Despite the challenges, many men find the MM lifestyle to be exciting and fulfilling. It allows them to explore their desires and experience new things without having to give up their current relationship. However, it’s important to remember that being an MM […]

Market forecasting is a critical component of competitive analysis, providing businesses with the… The base case is your existing or normal volume level before any proposed volume increase. Reassessments under points 1 and 2 require a revised discount rate, while those under points 3 and 4 use the original discount rate. However, if the reassessment […]

The Basis for Conclusions to IAS 39 suggested that straight-line amortisation may be suitable in some cases, incremental fees but not all (IAS 39.BC222(v)(ii)). IFRS 9 does not elaborate on this, therefore, straight-line amortisation can be applied whenever reasonable. Trade date accounting involves the recognition of an asset to be received, and the liability to […]

Periodic expenses occur irregularly, such expenses which are necessary, stable and occur regularly as once a year or at different times throughout the year. These business expenses may be planned, like an annual renewal, or unplanned, such as emergency repairs. Periodic expenses are less predictable and can create cash flow challenges if not planned for […]

28  As a sole proprietor, Lee was subject to personal liability for violating the law of general application he opposed. His claim to a religion-based exemption would have been even thinner had he conducted his business as a corporation, thus avoiding personal liability. 9  Under Sherbert and Yoder, the Court “requir[ed] the government to justify […]

A distinction between shareholders and the company lies at the very foundation of corporate law. The condition that there be such a distinction is not an add-on; it goes to the definitional nature of the government benefit itself. Hobby Lobby’s presumption that shareholders can be seen as distinct from the company for purposes of, say, […]