When looking at a company’s finances, investors use different factors to help them decide – one of the main factors is called Trailing Twelve Months (TTM). Trailing Twelve Months or TTM allows investors to see a company’s financial performance over the past 12 months, providing a useful snapshot of its …

Companies can calculate variances for several areas of their operations. One of these areas also includes overheads. Typically, these include the indirect costs of running a company not directly tied to goods or services. Any differences in these amounts fall under overhead variances. What are Overhead Variances? Overhead variances refer …

A production budget is an essential aspect of financial planning for organizations that manufacture products. It provides a detailed estimate of the quantity of goods that a company must produce to meet the forecasted sales demand. The production budget is not only an essential component of the operating budget but …

Accounts receivables are balances owed to a company by its customers. For the company, it represents an asset that can result in future cash inflows. Usually, companies track how soon they can expect customers to pay as a part of their cash budgets. The duration typically depends on the credit …

Assets under management, commonly referred to as AUM, is a critical metric used in the financial industry to measure the total market value of assets that a particular investment firm manages on behalf of its clients. The AUM encompasses a diversified range of assets, including bonds, stocks, options, and other …

In the world of manufacturing, overhead costs represent a significant challenge for companies. These costs, often referred to as factory overheads, can be defined as indirect expenses incurred during the production process that is not directly attributable to a particular product. While these costs are essential for the functioning of …

Fixed costs are expenses that remain constant regardless of changes in business activity levels or production volume. They do not vary with changes in sales, output, or other business operations and get incurred by a company at a fixed amount or periodic payment. Similarly, they are a crucial component of …

As the business world continues to evolve, entrepreneurs and marketers alike need to be up-to-date on all of the latest tools and tactics. One popular model that is often used in today’s marketplaces is the Business-to-Consumer (B2C) approach. B2C refers to the relationship between companies and end consumers, making it …

Banker’s checks (also known as official checks) are widely used in various financial transactions. They are considered reliable and secure instruments in comparison to regular personal checks. Bankers’ checks are issued by banks and are guaranteed for payment by the bank, meaning that the recipient will receive the funds promised …

It’s no secret that managing a business’s finances is key to its success and well-being. But creating order from the chaos of financial data can be an intimidating task for any entrepreneur or a small business owner. One way to simplify this process is by using fiscal quarters, which are …