/ July 7, 2023
What Is a Variance Analysis and Why Should You Create One? Cordell Neher & Company, PLLC

This content is for educational and informational purposes only and does not represent the views and opinions of Avantax Wealth ManagementSM or its subsidiaries. Avantax Wealth ManagementSM is not responsible for and does not control, adopt, or endorse any...

/ April 10, 2023
Accounting 101: Debits and Credits

The company makes the journal entry of interest expense at the period-end adjusting entry to recognize the expense that has already incurred as well as to record the liability it owes. Likewise, it is necessary to record interest expense...

/ March 16, 2023
What You Need To Know About A Fringe Benefit Rate

Our team also takes care of employ­ee com­mu­ni­ca­tions, sav­ing your team hours every week. Tra­di­tion­al LSAs are dif­fi­cult to set up and have com­plex uti­liza­tion rules. They also require ongo­ing man­age­ment to review and approve employ­ee expens­es and are...

/ November 24, 2021
The Effective Interest Method CFA Level 1

This figure is also often included in the prospectus and marketing documents prepared by the security issuers. The nominal interest rate is the stated rate on the financial product. In Example 3, the nominal rate displayed on the products...

/ September 28, 2021
Calculating double-declining balance depreciation for tax purposes in Excel using the variable-declining balance function

If the company was using the straight-line depreciation method, the annual depreciation recorded would remain fixed at $4 million each period. These eight depreciation methods are discussed in two sections, each with an accompanying video. The first section explains...

/ August 17, 2021
Current Assets Examples And Definitions On Balance Sheet

Companies categorize the assets they own and two of the main asset categories are https://intuit-payroll.org/top-15-bookkeeping-software-for-startups/ and fixed assets; both are listed on the balance sheet. Cash and equivalents (that may be converted) may be used to pay a company’s...