This concept is very useful for understanding the financial health of a company. 6. Balance sheet There are many related concepts in accounting terms, such as opening balance and balance sheet. A balance sheet is an analysis of a company’s financial position at a given point in time. Unlike the opening balance, it does not take into account the beginning of the year, but any time of the year. 7. The Accounting Cycle The accounting cycle is the time at which a company makes accounting records to reflect its activities. It is a widely used accounting concept.
Capital and who decides
8 Tax Closing Financial Closing is what a company does at the end of its Cayman Islands Email List accounting period. In this concept, both tax payment and tax deduction are important as the basis of accounting vocabulary. 9 Tax deductions Tax relief is the reduction of the tax burden that a company must pay to the tax system. We include it in the accounting glossary because the tax deduction may be lower or higher if certain conditions are met. How is Accounting Dictionary going so far? You must have learned many accounting concepts that you did not know. 10 Dividends It is also important for shareholders of a company to understand the accounting term, since a dividend refers to the benefits received by those who own shares in a company. 11 The EBITDA financial measure must also be part of the accounting vocabulary.
To support small and medium-sized
One of these indicators by which the profitability of a company can be analyzed. 12. Financial Statements To understand what accounting and finance are, you must know what financial statements are. These types of documents reflect a company’s economic health and give shareholders an overall impression of profitability. 13. Cash Flow Another accounting term you should know is cash flow. Cash flow refers to the changes that may occur between the inflow and outflow of funds within a certain period of time. Shipping Lines in Peru: Choose the Choice That Will Set Your Business to Success! We invite you to read this article Logistics Service Staff Administration and Finance 14. Net profit Net profit is the amount obtained after subtracting operating costs from all revenues of the companY.
Tags: B2c Email List, Buy Consumer Email List, Consumer Email Database, Consumer Email List, Country Email List, Mailing Database, Mailing List, Person Email List