Generally accepted accounting principles (GAAP) describe a standard set of accounting practices. GAAP are endorsed by organizations including the Financial Accounting Standards Board and the U.S. One well-known alternative is International Financial Reporting Standards (IFRS).In the United States, privately held companies are not required to...

Sometimes, taking action quickly and choosing a “good enough” option is better than getting bogged down in searching for the best possible solution. However, settling on the best course of action is decision making framework often easier said than done. When instinct and reasoning alone...

Content How Does Amortization Work? Amortizing a loan What Is Mortgage Amortization? Amortization vs. Depreciation: What’s the Difference? amortization An amortization schedule, often called an amortization table, spells out exactly what you’ll be paying each month for your mortgage. The table will show your monthly...

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Content Does The Dividend Amount Matter? How Are Dividends Paid? Important Dates For Dividend Chapter 10: Stockholders’ Equity, Earnings And Dividends The Accounting Treatment Of Dividends What Effect Does Declaring A Cash Dividend Have On Stockholders’ Equity? A stock dividend is recorded as a reduction...

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Content Prepare Financial Reports Reconciling Every Transaction How To Find Bookkeeping Help For Small Businesses Who Should Manage Bookkeeping Services? An Affordable Bookkeeping Alternative To A Cfo At Business.org, our research is meant to offer general product and service recommendations. We don’t guarantee that our...

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