Bookkeeping

The Father of Accounting: Luca Pacioli Bench Accounting

admin2025-04-24T15:20:06+00:00 The position is advanced that this project remains a work-inprogress that deserves the status of a key objective of accounting theoretical research. The nature of theoretical coherence is addressed, along with a case made for the desirability of a coherent theory of accounting regulation....

Introduction to Multiple Linear Regression

admin2025-04-04T21:21:19+00:00Each split tries to reduce the variance in the target variable. It’s useful for predicting things like house prices based on size. Linear regression assumes a clear link between the input and output. The degrees of freedom for the numerator is \(p_C - p_R\) and...

Terminal Value Explained: Formula, Calculation & Growth Rate

admin2025-04-10T10:46:32+00:00A terminal growth rate is usually in line with the long-term inflation rate but not higher than the historical gross domestic product (GDP) growth rate. Investors can assume that cash flows will grow at a stable rate forever to overcome these limitations starting at some...

Understanding Common Normalizing Adjustments in the Financial Due Diligence Process Accountants and Advisors

admin2025-04-07T17:07:14+00:00When a company expands, it may need to invest heavily in new equipment or facilities. These expenses can distort the company’s financial statements, making it look less profitable than it actually is. By normalizing for these expenses, investors can get a better sense of the...

Delinquent payments: what are they and how to manage them

admin2025-05-02T02:10:01+00:00Having missed two minimum payments, you will be in the day delinquency range, which means making one minimum payment will effectively cover the current month’s bill and keep you in that range. In other words, you won’t fall further down the delinquency slope, but your...

Waver or Waiver? Understanding the Differences

admin2025-04-03T11:33:57+00:00A waiver is a document recording the waiving of a right or claim. But you cannot waiver over having to waver — that waiver is a noun after all. The word waive with an i means to voluntarily give up a right that you’re permitted to...

Bookkeeping in Philadelphia PA

admin2025-04-09T23:20:29+00:00Paying bills can be a time consuming process - gathering, entering, categorizing, and then paying vendors. We will work with you to make sure bills are tracked accurately and your vendors are paid on time. Bookminders has devoted over 30 years to serving the nonprofit...

What does biweekly mean? Definition and examples

admin2025-04-08T13:54:19+00:00Semi-weekly dates to 1791 (the prefix semi- meaning ‘half’) and biweekly to 1865 (the prefix bi- meaning ‘two’). Biweekly is commonly used to mean both “twice a week” and “every two weeks.” To avoid confusion, it’s a good idea to clarify exactly which one you...

Comprehensive Guide to Mental Health Billing

admin2025-04-10T10:30:04+00:00 With virtual therapy sessions more common than ever, using the right modifier is essential for getting reimbursed for telehealth. Ever had a session with a new client, only to find out later their insurance won’t cover it? Now you’re stuck in the awkward position of...

Revenue Definition, Formula, Example, Role in Financial Statements

admin2025-04-06T12:21:34+00:00Comparing margins across companies and time periods highlights operational efficiencies. Fundamental analysis incorporates both revenue and net income trajectories to forecast future cash flows and stock valuation ranges. Understanding the distinct meanings and business contexts of Revenue and profit allows for a more accurate interpretation...