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What Is a Furlough to Reduce Budget?
Furlough days are unpaid days off from work. Furloughs can be voluntary or mandated by the organization, and are generally used as an alternative to layoffs or a pay reduction. Some companies have...
View ArticleWhat Is Included in S Corporation Taxable Income?
Corporations are business entities owned by a group of shareholders. In the United States, the two main types of corporations are S-corporations and C-corporations. The law often treats both of these...
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How to Calculate Cash Receipts
Calculating cash receipts is not difficult provided the vendor collecting the cash has a system in place for recording each sale. A cash receipt is the printed record of a sale between a vendor and a...
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Does Leverage Increase the Value of a Business?
Leverage is one method for financing a business.To understand if leveraging a firm makes sense, it is important to understand whether or not it will add value to the firm. In most real-world situations...
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How to Increase Authorized Shares
If a company wants to raise capital, it can do so through bonds (debt) or stock (equity). To issue stock, the company must first make a request to the Securities and Exchange Commission, the regulating...
View ArticleQualities of a Good Business Report
A good business report possesses a variety of components. Whether you are to commission, write or read a business report, you need to know what essential elements to look for. A business report is only...
View ArticleHow to Prepare a Departmental Budget
Companies use budgets to estimate their inflows and outflows of monies during a stipulated time frame. Using this, management is able to take measures to attain its goals as well as plan for the...
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Operating Budget Policies
An operational budget is a large budget that a business uses to pay all expenses and determine the overall profit and income. While a budget is created when a business is launched, it will change...
View ArticleWho Can Deduct Mileage From Their Income Taxes?
Tax deductions work by allowing you to reduce your tax liability with your expenses. One common deduction is mileage. Mileage can be deducted in a variety of ways, but, unfortunately, this deduction is...
View ArticleThe Advantages of a Biennial Budget
A biennial budget covers two years instead of one. Biennial budgeting is a fairly common practice in government. According to the National Conference of State Legislatures, it's the process used by 20...
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Bookkeeping Advice for a Small Business
No matter how much your small business thrives, it can all go downhill without proper bookkeeping. Bookkeeping is important because it displays the current health of a business and past trends. Go...
View ArticleAre Advertising & Salaries a Variable Cost?
Being aware of whether costs are variable or fixed is an important part of managing a budget. Advertising costs and salaries can be fixed or variable depending on the situation. Managers need to...
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Cost Effectiveness in Business
To reach success, any business needs to make more money than it spends. This is done by maximizing income and by minimizing output. Methods of cost effectiveness help business managers to meet the...
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Financial Evaluation Techniques
The financial department of a company does not deal with the daily cash flow of the business. Instead, it deals with the long term financial planning of the company. Financial analysts use certain...
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What Is Required to Obtain CPA?
If you want to become a certified public accountant, or CPA, getting your bachelor’s degree is only a first step. Whether you work for acompany or for yourself, the responsibilities you shoulder as a...
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How Is an Energy Audit Done?
If your company has not conducted an energy audit and you feel your energy bills are too high, you should conduct an energy audit or hire a firm to do it. You can do it yourself if you know the key steps.
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How Does Expertise in Finance Help a Company be Successful?
Understanding how money works is critical to business success. Because the purpose of a business is to make a profit, the people who run it need to understand how this happens if they hope to rely on...
View ArticleCollege Athletic Scholarship Requirements
College athletics provide millions of dollars in financial aid annually to deserving student-athletes. For those who have not been through the process before, however, obtaining those scholarship...
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Is Labor a Fixed or Variable Cost?
Labor can be a fixed cost or a variable cost depending on the situation. This can be confusing, so it is important that accountants, managers and anyone else working on a budget understand when labor...
View ArticleTutorial on OneStep Accounting 4.0
OneStep Accounting 4.0 is an accounting and business management program developed and distributed by Enable Computing. The design of OneStep Accounting is for small- and medium-sized businesses. The...
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