It basically ensures that the health care providers are paid on time for the services they offer to their patients. A healthy revenue cycle is imperative to sustain the costly work of providing healthcare, but it’s not always easy to make sure your practice is paid for the services rendered. The primary job of a […]
Accountants or bookkeepers are responsible for overseeing the accounting activities of a business. They must guarantee that all monetary transactions are appropriately recorded in the ledger. They must balance the accounts, resulting in dependable and accurate financial statements. And categorize, summarize interpret everything with a monetary value that has a financial component. While both involve […]
The first case can be more confrontational, while the latter case can be more collegial. An introvert working in public accounting can have a more difficult time, due to the social and confrontational aspects of the work. A public accountant is trained in the analysis of accounting systems, collecting evidence, and testing to see if […]
You may wonder why don’t we discount cash flow bonds value which will be paid at the end of 3rd year. When the coupon rate equal to the effective interest rate, the present value of bond value and annual interest is equal to the par value. Directly opposed to amortizing bonds, bullet/straight bonds are coupon […]
Every lawyer has their own fee structure and initial-consultation policies. Your first meeting might be free, or you may have to pay hourly even from the first meeting. Standard rates in a mid-sized city may be $100 to $400 an hour or more. Pricing depends on factors like their specialty, experience, current workload and location. A retainer […]
In this context, CBA is simplified and the total expenses are mainly based on the price of the process energy requirement and on the average cost of transport. The benefit of the recovery centres comes from the sale of recycled materials to the manufactures as raw materials and the savings of energy, i.e. “avoided energy”, […]
First of all, any expense you have is (hopefully) for the betterment of your business. Your salaries expense allows you to bring in the brightest people in your industry to help you grow the company. Raw materials expenses allow you to create finished goods you can then sell for a profit. Even the accounting software […]
For those of us who are not accountants, not part of the finance team, and don’t create journal entries on a regular basis, accruals can be a difficult concept. If you’re overwhelmed with the many aspects of learning how to do payroll accounting, you’re not alone. It’s important to choose a quality accounting program that […]
For those of us who are not accountants, not part of the finance team, and don’t create journal entries on a regular basis, accruals can be a difficult concept. If you’re overwhelmed with the many aspects of learning how to do payroll accounting, you’re not alone. It’s important to choose a quality accounting program that […]