Return on equity, or ROE, can be a useful measure of evaluating a company's profitability relative to other businesses. Basically, it tells us how efficiently a company is using its shareholders' ...
A bookkeeping system is merely an established method of tracking income and expenses so that you can readily tell how your business is faring. Although specifics can vary among companies, most adhere ...
Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building awesome teams and winning over customers. Many of them, however, would ...
Basic accounting provides information to identify and classify financial transactions. Business owners often need basic accounting skills to manage their company's financial information. Business ...
The return on equity and its more expansive variant, the return on invested capital, measure what a company is making on the capital it has invested in business, and is a measure of business quality.
Entrepreneurs excel at creating great products or services, building teams and winning customers, but most would probably flunk basic bookkeeping. According to Daniel Kehrer, writer for SCORE and ...
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What is double-entry accounting?

Double-entry accounting is the gold standard bookkeeping system for most businesses. It’s a type of bookkeeping where two accounting entries are created for each business transaction. So, each ...
Accounting is a comprehensive system for collecting, recording, classifying, summarizing, interpreting, and communicating financial information. It is often referred to as the language of business as ...