Articles
Market Approach vs. Income Approach: Comparing Valuation Methods
The market approach and the income approach are different ways to value a business. This article will look at their differences, their pros and cons, and factors affecting the suitability of these approaches for the valuation analysis.
What Is U.S Accounting: A Comprehensive Guide
Accounting is a critical function for businesses operating in the U.S. A strong understanding of U.S. accounting principles and practices is essential for any organization, from tax compliance to financial reporting. This comprehensive guide covers the key aspects of U.S. accounting that every business leader should know.
Merger and Acquisitions (“M&A”) in Investment Banking (“IB”)
M&A is a process of helping corporations and institutions find, evaluate, and complete acquisitions of businesses. M&A involves combining business entities and assets through a series of financial transactions.
Financial Analysis: Importance, Types, and Examples
Financial analysis is the process of evaluating a company’s financial performance through the examination of its financial statements. This analysis involves looking at various elements such as the income statement, balance sheet, and cash flow statement to assess the financial position of the organization.
Accounting for Startups: Essential Tips and Best Practices
Accurate accounting is crucial for startups, laying the foundation for growth, stability, and compliance. Whether you are just getting your business off the ground or looking to fine-tune your financial practices, understanding the essentials of accounting for startups is key to success.
How to Prepare for a Business Tax Audit in 2024
A business IRS tax audit is a review or examination of an organization’s accounts and financial information to ensure that information is reported correctly according to the tax laws and to verify that the reported amount of tax is correct.
Understanding U.S. Tax Extension Filing: Due Dates and Penalties
Filing taxes can be stressful, and keeping track of everything is sometimes challenging. Navigating the various deadlines for tax forms can take time and effort.
The Benefits of Outsourcing Accounting Services
Outsourced accounting refers to hiring an external firm or a specialized service provider to handle all or part of your company’s accounting functions. This can range from routine bookkeeping and payroll management to more complex tasks such as financial reporting, tax preparation, and strategic financial planning.
An Ultimate Guide to Individual Income Tax
Individual Income Tax is a tax imposed on the income of individuals or entities that are considered individuals for tax purposes. It is a direct tax that is levied by the government on the income earned by individuals, including wages, salaries, dividends, interest, investments and other forms of income or household earns.
Month-End Close: What Is It, Benefits & Best Practices
The month-end close is a crucial process that is done at the end of each month to ensure accurate and timely reporting of financials. It involves several steps, including reconciling accounts, reviewing transactions, adjusting entries, preparing financial statements, and analysing performance.
Pass-Through Taxation: What Is It & How It Works?
One of the most significant advantages of a pass-through entity is the elimination of double taxation. This concept refers to the scenario where a C corporation pays taxes on its profits at the corporate tax rate before distributing any remaining income to shareholders.
Fluctuation (Flux) Analysis in Accounting: A Comprehensive Guide
Fluctuation analysis, often referred to as flux analysis, is the process of examining the changes in financial statement items over a period. The primary goal is to identify significant variances and understand the underlying reasons for these changes.