Understanding the components of working capital and how to manage them effectively is essential to any business. A business' working capital is its "financial fuel" for the near...
Category: Tutorials
In financial reporting it is critical to ensure operating vs finance lease analysis is based on the substance of the agreement, not its legal form. We provide you with a comparison and points to...
The accrual concept of accounting is a requirement for the three most widely used accounting frameworks, IFRS, US and UK GAAP. So what does that mean? Accrual Concept of Accounting vs...
The quick ratio calculator is a powerful tool used to assess a business's liquidity. We step you through the formula and have an online calculator to try.
The break even formula is a powerful business tool that provides you the point a project or business will cover its fixed and variable costs. We work through a couple of examples and provide an...
The current ratio formula is a simple and yet powerful business tool to help you assess a business's liquidity, i.e. its ability to pay current debts as they fall due. Online calculator included.