by onlineadvisor1 | Jan 9, 2023 | Accounting, Finance
One of the most important areas of a company’s financial management is the calculation of gross profit. However, it is the most misunderstood and overlooked areas of business. It is the profit a company makes after deducting the costs associated with making and...
by onlineadvisor1 | Jan 4, 2023 | Accounting, Finance
As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts. An important part of financial literacy for a business is the concept of expenses. What is an Expense? An expense is a cost a business...
by onlineadvisor1 | Jan 2, 2023 | Accounting, Finance
As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts. Within the fundamental concepts of financial literacy and reporting is the concept of revenue. This topic is very important for every...
by onlineadvisor1 | Oct 26, 2022 | Finance
Within a balance sheet, there is a category that lists the value of assets in the organization. An asset is a resource of a company that it exclusively owns. It is a resource that is “scarce.” Also, it is able to produce economic benefit by generating cash inflows...
by onlineadvisor1 | Jul 16, 2022 | Finance
As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts. For this article, we focus on why a balance sheet is important as part of the important financial reports of your organization....
