The applications vary slightly, but all ask for some personal background information. If you are new to HBS Online, you will be required to set up an account before starting an application for the program of your choice. HBS Online does not use race, gender, ethnicity, or any protected class as criteria for enrollment for …
Retained earnings are an important part of accounting—and not just for linking your income statements with your balance sheets. Retained earnings are a critical part of your accounting cycle that helps any small business owner grow their business. It’s the number that indicates how much capital you can reinvest in growing your business. For example, …
Retained Earnings Formula: Definition, Formula, and Example Read More »
The path to a government accounting career depends on which job area you want to pursue. Typically, accountants must hold certain certifications and/or licenses, depending on the state where they work. Government accountants may specialize in accounting subfields that suit their job roles and interests. Professionals with the specializations below often serve in government agencies. …
Governmental Accounting Definition, Objectives, Principles Read More »
The auditor evaluates an entity’s ability to continue as a going concern for a period not less than one year following the date of the financial statements being audited (a longer period may be considered if the auditor believes such extended period to be relevant). If so, the auditor must draw attention to the uncertainty …
Going Concern Assumption Accounting Concept + Examples Read More »