DUMI 1

Everyone knows at least a little about the Enron story and the devastation it created in the live… Baca selengkapnya What happened at Enron?

It might seem obvious, but in managing a business, it's important to understand how the busin… Baca selengkapnya How is accounting used in business?

contain? Most audit reports on financial statements give the business a clean bill of health, or a… Baca selengkapnya What does an audit report contain?

If a business breaks the rules of accounting and ethics, it can be liable for legal sanctions again… Baca selengkapnya What does an audit do?

fraud? Accounting fraud is a deliberate and improper manipulation of the recording of sales revenu… Baca selengkapnya What is accounting fraud?

Indpendent CPA auditors are like referees in the financial reporting arena. The CPA comes in, doe… Baca selengkapnya What are independent auditors?

ratio? Investors calculate the acid test ratio, also known as the quick ratio or the pounce ratio.… Baca selengkapnya What is acid test ratio and ROA ratio?

reporting The dividend yield ratio tells investors how much cash income they're receiving on t… Baca selengkapnya What are other ratios used in financial reporting

A public corporation is a business whose securities are traded on the public stock exchanges, suc… Baca selengkapnya What's the difference between private and public company reporting

The price/earning (P/E) ratio is another measurement that's of particular interest to investo… Baca selengkapnya 42 What is price/earnings ratio

Publicly owned companies must report earnings per share (EPS) below the net income line in their … Baca selengkapnya What is earnings per share

It's obvious financial statement have a lot of numbers in them and at first glance it can see… Baca selengkapnya How to analyze a financial statement

3 While some lines of an income statement depend on estimates or forecasts, the interest expense l… Baca selengkapnya Parts of an Income Statement, Part 3

Of course profit and cost of goods sold expense are the two most critical components of an income… Baca selengkapnya Parts of an Income Statement, Part 2

The first and most important part of an income statement is the line reporting sales revenue.  Bu… Baca selengkapnya Parts of an Income Statement, part 1

Measuring profits or net income is the most important thing accountants do. The second most impor… Baca selengkapnya Measuring Costs

Direct costs are those costs that cann be directly attributed to a product or product line, or to o… Baca selengkapnya Types of Costs

GAAP While many businesses assume that accountants are bound by generally accepted accounting prac… Baca selengkapnya About GAAP

Ugh, budgeting is one of those topics we'd rather avoid, but in business, it's an absolut… Baca selengkapnya Budgeting

A sole proprietorship is the business or an individual who has decided not to carry his business … Baca selengkapnya What is a sole proprietorship?