XXII Semana de la Ciencia | Valparaíso

A company can also repurchase its own shares in what’s known as a buyback. This may be done to reduce the number of outstanding shares or to increase the value of the remaining shares. These shares bought back by the company can be referred to as treasury stock or treasury shares. However, investors generally trade […]

Depreciation represents an asset’s decrease in value over a specific timeframe. In contrast, accumulated depreciation is the total depreciation on an asset since you bought it. Depreciation expense is recorded on the income statement as an expense and represents how much of an asset’s value has been used up for that year. For example, if […]

But before we delve further into the concept of accelerated depreciation, we’ll review some basic accounting terminology. The difference is that DDB will use a depreciation rate that is twice that (double) the rate used in standard declining depreciation. When this method is applied, in the first years of depreciation bigger part of the cost […]

While an ABC system is more accurate than traditional methods, don’t make assumptions about its accuracy. You’ll have to put in the work to maintain databases of information. Below, we’ll examine a few cons of implementing this cost accounting system. Now that we have covered what activity-based costing is, let’s take a closer look at […]

This informs data-driven decisions about product/service pricing, customer acquisition, inventory planning, cash flow management, and more to improve financial performance. Beyond basics, QuickBooks offers advanced capabilities like multi-currency support, inventory management, payroll services, and 3rd party integrations. Use the top navigation bar to access the full suite of tools for accounting, banking, payroll, reporting and […]

ADP Workforce Now is great if you’re looking for an all-in-one solution for your business, including HR, payroll and talent acquisition tools. Depending on the size of your organization and the needs of your business, ADP might be right for you. With more than 70 years of experience and 90,000-plus clients, ADP is regarded as […]