How to Calculate Operating Return on Assets

May 1, 2024 | 0 views

During Q3 of 2023, businesses in the United States made approximately $3.3 trillion, according to Statista. This is right behind the third quarter of 2022, when corporations in America made even more money. These figures are the net income of...

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Defining Burn Rate, Gross Burn and Net Burn

April 1, 2024 | 0 views

When it comes to any business, but especially for a start-up, it’s essential to determine how long a company can survive before it must declare bankruptcy and/or close its doors. The biggest metric, especially for a start-up, is to determine...

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Actions Lottery Winners Should Consider

March 1, 2024 | 0 views

We all have those days when we dream of striking it rich with a winning lottery ticket. Never having to work again while living a life of luxury. While your chance of finding a four-leaf clover is higher than winning...

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Understanding How Variances Vary

February 1, 2024 | 0 views

Variance analysis is found by determining the difference between what was budgeted and what actually occurred. Additionally, when variances are added together, we get a better picture of how well a company is measuring its performance against expected metrics. It's...

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Documenting Fiduciary Accounting Practices

January 1, 2024 | 0 views

Fiduciary accounting, which is also referred to as court accounting, is a way to document and report financial activity during a discrete period of time for legal entities, such as a conservatorship, estate, trust or guardianship.It's meant to give adequate...

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