Bookkeeping

If the salon is seeking ways to better understand profits and costs, accrual-basis accounting would be a great choice. The salon had previously used cash-basis accounting […]

Unearned revenues are cash received in advance for the services and therefore possess a liability nature. We define Adjusted Operating Income Margin as Adjusted Operating Income […]

A parent company must create separate account reports for each of its subsidiary companies. There are certain aspects of business practice for which IFRS set mandatory […]