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Accountants

2 min readAccountants

What is the last in, first out (LIFO) method?

LIFO assumes that the last item of inventory purchased will be the first sold

3 min readAccountants

How to prepare an income statement

Income statements are one of the most important financial documents

2 min readAccountants

What Is Absorption Costing?

Learn how to work out absorption costing with our definitive guide

2 min readAccountants

What Are Accrued Liabilities?

Accrued liabilities are expenses you’ve incurred but haven’t been billed for

2 min readAccountants

How to Improve Your Billing Process

Improve your company’s customer billing process with five simple steps

2 min readAccountants

What are basic accounting adjusting entries?

Adjusting entries let you adjust revenues and expenses to the correct period

2 min readAccountants

What is bank reconciliation?

Learn how to do bank reconciliation, step by step, with our handy guide

2 min readAccountants

Designing payment flows for Strong Customer Authentication (SCA)

Learn how to design payment flows for Strong Customer Authentication (SCA)

2 min readAccountants

What Is a Financial Audit?

Financial audits provide an objective evaluation of your financial position

2 min readAccountants

What is an onerous contract?

Onerous contracts are contracts that cost more to fulfil than you’ll get back

2 min readAccountants

What is frequency distribution?

Get the lowdown on frequency distribution tables and graphs, right here

2 min readAccountants

What is equivalent annual cost (EAC)?

EAC is the annual cost of owning and operating an asset over its lifespan.

2 min readAccountants

What Is a Dividend Payout Ratio?

Explore the dividend payout ratio formula in further depth, right here

2 min readAccountants

What is the interest coverage ratio, and how do you calculate it?

Get a little more information on interest coverage ratio calculations

2 min readAccountants

What Is a Budget Deficit?

Budget deficits occur when the government’s spending outstrips its revenue

2 min readAccountants

What is the liquidity coverage ratio?

Get the lowdown on LCR with our liquidity coverage ratio summary.

2 min readAccountants

What Is Revenue Recognition?

Revenue recognition helps to identify at what point “cash” becomes “revenue.”

2 min readAccountants

What Are Assets Under Management (AUM)?

AUM is the total value of investments an entity manages on behalf of clients.

2 min readAccountants

What is penetration pricing?

Find out everything you need to know about penetration pricing strategies.

2 min readAccountants

What Is the Net Sales Formula?

The formula for net sales can provide a clearer picture of your firm’s revenue.

2 min readAccountants

How to Calculate Marginal Cost

Get the lowdown on the importance of the marginal cost formula.

2 min readFinance

What Is Revenue Run Rate?

Revenue run rate is a great way to predict future financial performance.

3 min readAccountants

What Are Assets in Accounting?

How many types of assets in accounting are there? Find out here.

2 min readFinance

Profit and Loss Statement Template

Learn how to make a P&L statement with our profit and loss template for the UK.

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GoCardless Ltd., Sutton Yard, 65 Goswell Road, London, EC1V 7EN, United Kingdom

GoCardless (company registration number 07495895) is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, registration number 597190, for the provision of payment services. GoCardless SAS (23-25 Avenue Mac-Mahon, Paris, 75017, France), an affiliate of GoCardless Ltd (company registration number 834 422 180, R.C.S. PARIS), is authorised by the ACPR (French Prudential Supervision and Resolution Authority), Bank Code (CIB) 17118, for the provision of payment services.