A company’s number of outstanding shares is not static and may fluctuate wildly over time. Conversely, a reverse stock split reduces the number of outstanding shares. Companies typically use reverse splits to increase their share price to meet minimum exchange listing requirements. Although this decreases liquidity due to fewer shares, it can deter short sellers […]
Our writing and editorial staff are a team of experts holding advanced financial designations and have written for most major financial media publications. Our work has been directly cited by organizations including Entrepreneur, Business Insider, Investopedia, Forbes, CNBC, and many others. We follow strict ethical journalism practices, which includes presenting unbiased information and citing reliable, […]
One tool that can help with this is a debit card designed especially for them. These cards are a way for kids to learn about spending, saving, and budgeting, with full parental control and visibility. Here’s what you should know about a debit card for kids, and how to decide if it’s the right thing […]
However, they basically handle anything else a client may need, including everything from transaction preparation to technology with plenty of points in between. Although we see these types of fees on occasion, they’re quite rare and also a bit of a misnomer. A firm might present its fees as a daily, weekly, or monthly rate […]
Bookkeeping, at its basics, involves financial data entry and collection. Analysis, budgeting, forecasting, and financial decision-making are typically left to accounting professionals. As the name suggests, the primary duty of a bookkeeper is to “keep” the financial books of a company, which means accurately managing financial transactions and inputting financial data into bookkeeping software. The […]
Their expertise helps mitigate financial risks and improve overall financial health, offering tailored solutions for your bookkeeping needs. Construction companies need services like job costing, project-based financial management, accounts receivable/payable management, and compliance with construction-specific tax laws. Expertise in handling payroll services for construction workers and managing subcontractor payments is also essential. Construction accounting involves […]
The timing for recording transactions depends on whether the company uses accrual or cash accounting. With accrual accounting, journal entries are made when a good or service is provided rather than when it is paid for. A trial balance is a statement that includes the ledger account’s debit and credit balances and is prepared at […]