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Articles & Books From Accounting
All the essential financial skills you need to grow a small businessBookkeeping & Accounting All-in-One For Dummies, UK Edition, 2nd Edition simplifies every aspect of financial record keeping so you can manage your business expertly. You'll receive comprehensive guidance on balancing your books, speeding up data entry, and boosting performance by eliminating costly clerical errors.
Cheat Sheet / Updated 02-26-2024
No matter if you're a quantitative finance novice or an expert, this Cheat Sheet can make sense of some equations and terms that you'll use on a regular basis. The following demystifies and explains some of the complexities and models. You can refer regularly to this information to help you in your quant adventures.
Cheat Sheet / Updated 12-21-2023
Statistics make it possible to analyze real-world business problems with actual data so that you can determine if a marketing strategy is really working, how much a company should charge for its products, or any of a million other practical questions. The science of statistics uses regression analysis, hypothesis testing, sampling distributions, and more to ensure accurate data analysis.
Cheat Sheet / Updated 10-05-2023
Accountants keep the books of businesses, not-for-profits, and government entities by following systematic methods of recording all financial activities. If you invest your hard-earned money in a private business or a real estate venture, save money in a credit union, or are a member of a nonprofit association or organization, you likely receive regular financial reports.
Cheat Sheet / Updated 09-05-2023
To stay organized and on top of your nonprofit’s bookkeeping and accounting responsibilities, timely complete accounting tasks need to be done daily, weekly, quarterly, and yearly.Keep necessary financial information up to date so you’re prepared to submit paperwork to your independent certified public accountant (CPA), the government, and all stakeholders, both within and outside your nonprofit organization.
Article / Updated 08-01-2023
When cost accounting, you put together your budgeting process for indirect costs with a plan for direct costs. Think of the combined process as normal costing. This is an important point: You trace direct costs and allocate indirect costs. Normal costing combines indirect cost rate with actual production. The process gets you closer to actual total costs for your product.
Article / Updated 07-10-2023
You can use the Central Limit Theorem to convert a sampling distribution to a standard normal random variable. Based on the Central Limit Theorem, if you draw samples from a population that is greater than or equal to 30, then the sample mean is a normally distributed random variable. To determine probabilities for the sample meanthe standard normal tables requires you to convertto a standard normal random variable.
Cheat Sheet / Updated 07-06-2023
Accounting can be overwhelming at times. This cheat sheet gives you some useful checklists, ratios and rules that you can use both in bookkeeping and accounting roles. Keep them to hand.Creating a Monthly Bookkeeping ChecklistChecklists are always useful when you’re a bookkeeper. They help to keep you on track for the day-to-day and month-to-month tasks that you need to carry out.
Article / Updated 05-03-2023
After you estimate the population regression line, you can check whether the regression equation makes sense by using the coefficient of determination, also known as R2 (R squared). This is used as a measure of how well the regression equation actually describes the relationship between the dependent variable (Y) and the independent variable (X).
Cheat Sheet / Updated 04-17-2023
There are several steps to understanding bookkeeping and maintaining a good record of your business’s finances throughout the year. It’s advantageous to get your head around the trickier bits of keeping the books and to know the process in order to better check and control those incomings and outgoings.Double-entry bookkeepingIn double-entry bookkeeping you enter all transactions in the books twice: once as a debit and once as a credit.