Bookkeeping

How operating expenses and cost of goods sold differ?

To find the COGS, a company must find the value of its inventory at the...

Are Officers’ Salaries COGS or Overhead Expenses?

Unlike COGS, which focuses on the past, marginal cost can help a business plan for...

How To Calculate Cost of Goods Sold COGS

In service-oriented businesses, where direct costs of services (like labor) may not be as clearly...

Cost of Goods Sold COGS Explained With Methods to Calculate It

Since prices tend to go up over time, a company that uses the FIFO method...

6 Best Accounting Franchise Opportunities for Sale

The percentage of tax filers in the U.S. that use a professional tax preparer, such...

What is Franchise Accounting And Why Your Franchise Business Needs It

In franchise accounting, the franchisee owns an individual franchise location. They operate the franchise under...

How to Choose the Best Accounting Franchise for Your Business

By becoming a franchisee with Liberty Tax, you’ll be able to enter this lucrative field...

Professional Accounting and Tax Franchise

As we’ve seen, there are many great accounting franchises you can choose from when starting...

16 3: Prepare the Statement of Cash Flows Using the Indirect Method Business LibreTexts

Tangible assets may have some value when the business no longer has a use for them....

Cash Flow Statement Depreciation Expense

And with that, we will wrap up our discussion on depreciation and amortization. By expensing...