You should keep copies of all your small business tax forms for at least 3 years after you file, but you might want to keep them on hand for the…

There are two options in accounting for appropriated retainedearnings, both of which allow the corporation to inform thefinancial statement users of the company’s future plans. To illustrate, assume that on…

The "number of bond-year dollars" equals the sum of the product of each year's maturity value and the number of years to its maturity. Our interest rate assumption will be set at…

However, the form was discontinued in 2018, and all taxpayers must use Form 1040 as part of their annual filing. Now, with Forms 1040 and 1040-SR as options, the choice…

Your personal information (like SSN) will be masked so the expert can’t see it. A live TurboTax product specialist can help you one-on-one, and even draw on your screen to…

It provides a detailed insight into the indirect costs and total cost of manufacturing, helping companies to evaluate their profitability. This accuracy in determining the cost of producing a product…

Accounting managers work to ensure the timely delivery of financial reports to an organization’s decision-makers. This role ensures the accuracy of reports, manages the performance of other accountants, and allocates…

Comprehensive introduction to the key concepts and methodologies of costing, including budgeting, cash flow forecasting, decision analysis, performance evaluation, and non financial measures. The main objective of managerial accounting is…

To get a job in managerial accounting, you’ll need to earn your bachelor’s degree, gain professional experience, and consider certification. Graduate degrees are not always required but may be required…

Controlling involves the monitoring of the planning objectives that were put into place. For example, if you have a retail store and you have a plan to minimize shoplifting, you…