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Content fixed asset See this term in action Fixed Asset Turnover Ratio Create your free account now Search for another term If a company buys an asset for $5000 and expects to sell it for $1000 in three years, it can then depreciate $4000. At the end of three years, the company expects to sell […]
If the benefits greatly outweigh the costs, the decision should go ahead; otherwise, it should probably not. Cost-benefit analysis will also include the opportunity costs of missed or skipped projects. A CBA is the process of comparing the costs of a project to the benefits generated from it and determining if a business should invest […]
In fact, I would argue that technology is transforming accounting—and in an equally exciting way, accounting is transforming technology. There’s no question that digital transformation has radically changed the playing field. Big data has become a rich resource that needs to be tapped to compete effectively. But for businesses ready to leverage the potential of […]
If accountancy is the right career path for you, ACCA is the qualification that will get you where you want to go. When you choose finance and accountancy, you’ll be in demand – and doors to respected, hugely rewarding career opportunities will open for you. Accountant websites designed by Build Your Firm, providers of CPA […]