Author: John Ng

Net of Fixed Assets: Definition, Formula, Examples, on Balance Sheet

The balance sheet presents a company’s assets, liabilities, and equity. Usually, these elements appear after some adjustments to the costs or base amounts. With fixed assets, the presentation occurs net of various figures. This presentation is known as the net of fixed assets. Before discussing the net of fixed assets …

How to Get a Secured Business Credit Card

If you’re looking for a way to improve your business credit, then you should consider getting a secured business credit card. A secured business credit card is a great way to start building your business credit history. In this blog post, we will discuss the benefits of getting a secured …

Statistics for Quantitative Finance

Do you want to be a successful quantitative finance professional? If so, you need to know how to use statistics effectively. This guide will teach you everything you need to know about statistical concepts and techniques that are used in quantitative finance. We’ll cover topics such as descriptive statistics, probability …

Audit Planning: What Is, Example, Process

The auditing process involves assessing a client’s financial statements to form an audit conclusion. There are several stages involved in this process. Primarily, auditors perform the most critical tasks during the fieldwork stage of an audit. However, they must also have a plan to execute during this stage. This plan …

Retainer Fee: Meaning, Definition, Example, Accounting

When it comes to businesses, a retainer fee is one of the most common terms used. The retainer fee is mostly used by small businesses that don’t have enough money to afford a full-time employee. The retainer fee is also used by businesses who want to keep an employee on …

Investing in Bonds: What You Need to Know

If you’re like most people, you have heard of bonds but don’t really know what they are or how they work. In this blog post, we will discuss the basics of investing in bonds and provide some tips on how to get started. Bonds can be a great way to …

Barriers to Entry: Definition, Examples, Types

In any market, there will be businesses that are trying to get in and compete. However, not all of them will be successful. Many barriers can keep a business from entering a market, and this article will explore those barriers in detail. So if you are thinking about starting a …

FIFO (First In, First Out): Method, Definition, Formula, Examples

Inventory valuation refers to an accounting practice that requires companies to evaluate their unsold inventory. This process involves estimating the value of the goods not sold at the end of each year. Usually, companies cannot calculate this value reliably without inventory valuation techniques. However, accounting standards require them to report …