What Does an Accountant Do For a Small Business?

What does an accountant do? Many people might have no idea of what an accountant does. This article is designed to provide a basic definition of what an accountant does. To be a good accountant, you will need to be able to do a few things. You will need to know how to keep accurate […]

Company Limited By Guarantee And Its Uses

In British and Irish company law a company limited by guarantee LBG is an alternative type of corporation used primarily for nonprofit organizations that require legal personality. A company limited by guarantee does not usually have a share capital or shareholders but instead has members who act as guarantors. The guarantors give an undertaking to […]

How to implement an accounting information system

An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting financial reports can be used internally by management or externally by […]

Fixed investment

Fixed investment in economics is the purchasing of newly produced fixed capital. It is measured as a flow variable – that is, as an amount per unit of time. Thus, fixed investment is the accumulation of physical assets such as machinery, land, buildings, installations, vehicles, or technology. Normally, a company balance sheet will state both […]

Financial Statement Analysis In Business

Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company’s financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is […]