Category : Finance

Automating the Finance Function Of all the areas that businesses automate, finance continues to lag far behind. The widespread use of spreadsheets or other outdated systems to perform...

Sensitivity Analysis vs Scenario Analysis: What’s The Difference? Sensitivity analysis and scenario analysis are methods of assessing risk. Before making an investment, organizations can use...

Working Capital Turnover Ratio: What It Is And How To Calculate It Before we can understand the working capital turnover ratio, we must first understand...

What is the Debt Service Coverage Ratio and How To Use It In Your Business If your business carries debt or is looking to take...

Running a small business requires owners to wear many hats. While it’s a good idea to use an accountant or CPA to assist with important...

Vertical Analysis of a Balance Sheet Vertical analysis is a proportional analysis of financial statements. Also known as common-size analysis, vertical analysis can help analyze...

QuickBooks for Retail Edition One of the best things about using QuickBooks Desktop applications is its ability to suit almost every type of business. But did you know that QuickBooks Desktop also offers...

Solvency Ratio Analysis: What it is and why it’s Important Solvency ratios are designed to measure the overall profitability of a business by comparing profitability levels against current financial obligations. Calculating and analyzing...

Decentralized Finance is a financial system powered by a decentralized network of computers as opposed to a single server. DeFi is an emerging digital financial...

Running a business is challenging enough. The last thing you should have to worry about is fraud. But fraud is a serious issue that continues...