Kết quả tìm kiếm

While your resume gets your foot in the door, it's the in person interview that will make or break you as a candidate for an accounting position. Actively preparing for your interview, including practicing answers to common accounting interview questions, will help you make a great first...

Trying to run a business without managing cash flow is like trying to paddle a boat without an oar. Even if you succeed, it will be an upstream exercise guaranteed to wear you out. Cash flow is important for all businesses, but it is critical for early startups. If you cannot manage your cash...

Joke: How many auditors does it take to change a light bulb? How many did it take last year? Joke: How many internal auditors does it take to change a light bulb? None! They're not allowed to under Health & Safety legislation. Process notes should have been written referring the incident to...

On more than one occasion I have had a business owner meeting me for an initial engagement explaining to me one of their major concerns described usually as follows: “I simply do not understand what is going on. My company consistently maintains good profit margins; however, I struggle with...

“Cash is king” is an age-old saying often used to explain the failure of both businesses and consumer households. Without the proper amount of cash on hand, both of these entities can run into major trouble, and even be forced into bankruptcy. Businesses must have cash on hand for various...

1. Cash: currency and coins, balances in checking accounts, and items acceptable for deposit in these accounts, such as checks and money orders received from customers. 2. Cash basis accounting/net operating cash flow: difference between cash receipts and cash disbursements during a...

We know you know that all accountants are honest. But ... The clerk walks into the boss's office and says, "The auditors have just left, sir.""Have they finished checking the books?", asks the boss. "Very thoroughly," is the reply. "Well, what did they say", says the boss. "They want 15% to...

1. “I totally understand.” People have such an innate desire to connect, that to hear an empathic sentence such as the one of “I understand” really warms the hearts of the ones involved in a process of dialogue. To acknowledge the other one’s point of view is the first step for a successful...

Are you intrigued by the power and prestige of accounting? Do you want to be seen as successful and professional by friends and family? Maybe it’s the job stability and potential for growth that interest you in the lucrative field of accounting. Like any career, accounting has its pros and...

Not everyone, however, is cut out to be an accountant. You need to enjoy both technology and numbers as well as working with people and being a leader. You need to be able to sweat the details yet understand the big business picture. Aside from a penchant for numbers, do you have the...

1. Expenses (Fixed, Variable, Accrued, Operation) – FE, VE, AE, OE Definition: The fixed, variable, accrued or day-to-day costs that a business may incur through its operations. Examples of expenses include payments to banks, suppliers, employees or equipment. 2. Generally Accepted Accounting...

Lower sugar costs are helping too. Coca-Cola KO -0.14% reported a better-than-expected quarterly profit, helped by aggressive cost-cutting and lower commodity costs. The soda maker, which is targeting $3 billion in annual cost savings by 2019, has been cutting costs through job...

Attention to detail. Problem-solving and strong analytical abilities. Those are the skills of a good cost accountant. So how about the salary and job outlook? Good, too. Organizations employ cost accountants to estimate the time, materials, cost and labor associated with products or services...

By Nature In this type, material, labor and overheads are three costs, which can be further sub-divided into raw materials, consumables, packing materials, and spare parts etc. By Degree of Traceability of the Product Direct and indirect expenses are main types of costs come under it...

1. anticipate: to imagine or expect that something will happen 2. appreciable: large or noticeable enough to have a significant effect 3. attributable to: caused by or connected to 4. bottom-line: the final line in the accounts, the net profit or loss made by a company 5. breakeven point: the...

Fixed costs are business expenses that do not change as the level of production goes up or down. They are one of two types of business expense, the other being variable costs. Variable costs do change as the volume of production changes. For example, a lease on a building is a fixed cost...

To prepare for the exam on 27/08, I will review some necessary knowledge everyday. By summarising the knowledge and the structure of the question for each chapter, I believe that we will pass the examination successfully. And today we will start with the Chapter 1&2: The context and purpose of...

The 15 words today are also about Basic accounting, they appears in every chapters of ACCA. If you want to learn ACCA, you need to understand and remember them very well. 1. Ledger: A set of related accounts for assets, liabilities, capital, income and expenses, accountants will base on book...

Films provide more than just entertainment. For many people, watching foreign language films is a way to develop their language skills. Whilst watching a film you are immersed in the language and can pick up new expressions that you might not find in a textbook. Some difficulties can arise when...

When referring to accounting, not many people think this job needs English. But in fact, the shortage of English has made a lot of accountants lose many opportunities for advancement in the future. Firstly, we have admitted a clear fact that is today foreign companies, transactions with...