Accounting Articles

Contents What is Gross Profit?  How to Calculate Gross Profit  What is Gross Profit Margin?  Gross Profit on the Balance Sheet  Importance of Gross Profit and Gross Profit Margin  Comparison: Gross Profit vs Net Profit  Comparison: Gross Profit vs Operating Profit ...

 Contents What are Financial Ratios?  How Business Uses Financial Ratios  How External Stakeholders Use Financial Ratios Key Financial Ratios to Monitor  How to Maximise the Use of Financial Ratios What are Financial Ratios?  Financial ratios, alternatively termed as...

Contents What is Retained Earnings?  Components of Retained Earnings  How to Calculate Retained Earnings Significance of Retained Earnings in Business Growth   Retained Earnings on the Balance Sheet Retained Earnings Policy   What is Retained Earnings?  The concept of...

Contents What is COGS?  Which Expenses Are Excluded from COGS?  How To Calculate COGS How Inventory Costing Methods Impact COGS How Understanding COGS Enhances Business Operations  COGS in the Financial Statements  What is COGS?  Cost of Goods Sold (COGS) is a term...

Contents What is Amortisation?  Commencement and Cessation of Amortisation  Choosing the Amortisation Method  Choosing an Amortisation Method Based on the Predominant Limiting Factor   Amortisation Based on Revenue Threshold  Treatment of Amortisation in Financial...

Contents What is Depreciation? How Depreciation Works Recognition of Depreciation How to Determine Depreciable Amount Types of Depreciation Start and End of Depreciation Treatment of Specific Assets What is Depreciation?  Depreciation is a fundamental concept in...

Contents What is Working Capital?  How to Calculate Working Capital  Components of Working Capital Calculation  Working Capital and its Relationship with the Balance Sheet  Working Capital and Cash Flow  Working Capital Management and Financial Ratios  Current Ratio...

Contents What is Accounts Receivable How to Record Accounts Receivable  Common Accounts Receivable Payment Term What is Ageing of Accounts Receivable?  Benefits of Recording Accounts Receivable  Challenges Linked to Accounts Receivable Management  Effective Accounts...

Contents What is Accounts Payable? How Accounts Payables Works  The Importance of Accounts Payable Management  Accounts Payable Challenges  Accounts Payable vs Accounts Receivable  Accounts Payable vs Trade Payables Streamlining the Accounts Payable Process  What is...