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In a DCF model, Terminal value takes the value of the company, which extends beyond the forecast period, typically computed by the use...

A premium audit is an examination of the actual operations of the business that is taken by your insurance company to re-establish your...

QuickBooks, Xero, FreshBooks are popular with accountants when keeping records, TurboTax or TaxSlayer are accountants when it comes to...

No, Google does not have its own accounting program, although you can also manage finances using such programs as QuickBooks, Xero, or Wave.

A Schedule of Cost of Goods Manufactured is used to calculate the cost of goods completed by summing up the cost of production at a...

Tariff is a duty imposed on imported products that increases their cost, and is typically employed to provide shield to the local...

The U.S. constitution is the ultimate law of the land, all the federal and state laws shall abide by the constitution and nothing can...

Saturdays are normally not regarded as a business day by banks, shipping or even a legal deadline though there are certain industries...

A T-account refers to a basic method of entering accounting records which are in the shape of the letter T where credits are recorded on...

Days Inventory Outstanding (DIO) indicates the average number of days required to turn over inventory of a company- calculated by taking...

The concept of account management is to develop and sustain relationships with customers, ensure they are met and make certain that they...

A payroll deduction plan implies that your employer removes money directly off your paycheck in order to cover taxes, insurance or...

Everyone who is obliged by law to pay taxes to the government on their income, profits, or activities is considered to be a taxpayer...

Debit refers to money taken out of the account whereas credit refers to money added to the account or deposited into the account.

A ledger is a book or computerized book, like money in and money out, in which all of the business financial transactions are arranged...