Bookkeeping

Bookkeeping is one of the many specialized tasks that business owners take on while they start and grow their businesses. You should consult your own professional advisors for advice directly…

Expenses are the costs of doing business, but not all costs are expenses. In accounting terms, an expense is a cost incurred to produce revenue reported on the income statement.…

Only the current period’s dividends should be considered, not any dividend in arrears. For non-cumulative preferred shares, the dividends should only be deducted if the dividend’s been declared. Capital structures…

Changing depreciation methods for fixed assets can have a similar effect as it will change the accounting value of the firm's assets. Clearly, it would not make sense to compare…

Only the current period’s dividends should be considered, not any dividend in arrears. For non-cumulative preferred shares, the dividends should only be deducted if the dividend’s been declared. Capital structures…

Adam received his master's in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well…