As such, net earnings have nothing to do with the investing or financial activities sections of the CFS. The Institute of Business & Finance provides unparalleled training to create financial industry experts. If you are looking to decipher the language of mutual fund investing with in-depth knowledge and specialization, then the CFS certification is for you….

Accounting is a very demanding task for small to medium-sized businesses. Low overheads, unrestricted opening hours and the potential for a global customer base.. When embracing outsourcing, it is essential to take the right steps from the beginning. Leave the administrative load with us and get more time to focus on revenue-generating activities. As a…

Lastly, when it comes to comparing different companies’ accounts receivables turnover rates, only those companies who are in the same industry and have similar business models should be compared. Comparing the accounts receivables turnover ratio of companies of varying sizes or capital structures is not particularly useful and you should use caution in doing so. Let’s…

Your responsibilities depend on how the original purchase was made and how you plan on reimbursing the customer. To better illustrate merchandising activities, let’s follow California Business Solutions (CBS), a retailer providing electronic hardware packages to meet small business needs. I am new to accounting and need to make Chart of Account for an Inventory…