The accounting for convertible debt presents some technical accounting challenges. However, we can help you with the theory and practical, setting out the debits and credits you need to know.
Posts by Andrew
Accounting For Subscription Revenue IFRS 15 – Comprehensive Guide
As subscription models for goods and services have increased the accounting for their revenue has taken on even greater importance. Our tutorial works through all the calculations and journal entries...
The Return on Assets Ratio (ROA) shows how well a company uses its assets in order to generate profits. ROA is one of the profitability ratios that are used to understand and assess whether the...
As I have begun to get back to this website and try to make a success of it once again, I have been mindful of personal finances; in particular in the wider community. As I listen to people talk...
Bank reconciliations form a critical part internal control systems. In this article we look at why this process is so important to businesses worldwide.
Days Payable Outstanding (DPO), or as it’s also called, creditor days ratio (CDR), is an efficient formula that shows how long it takes for a company to repay its suppliers.CDR is used together...