Fixed asset is a long-term tangible asset used in business operations that aren’t expected to be sold within a year. Examples include buildings, machinery, vehicles, and equipment. Fixed assets are depreciated over their useful lives and appear on the balance sheet as non-current assets.
Forecasting it the process of estimating future financial outcomes based on historical data, trends, and assumptions. It helps businesses plan…
Metrics derived from financial statements used to evaluate a company’s performance, health, and efficiency. Common ratios include current ratio, return…
Financial accounting is the process of recording, summarizing, and reporting a company’s financial transactions in accordance with standardized rules like…
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