Close

The Differences Between Conclusion of Value and Calculation of Value

The Differences Between Conclusion of Value and Calculation of Value

🖨 Print⏱ 4 min readWhen a business is looking for a valuation, it needs to decide whether to use the calculation of value approach versus the conclusion of value option. The conclusion of value calculation is a more rigorous and resource-intensive calculation of value. Both approaches are similarly dependable, and despite the calculation of value’s […]

Read More

Accounting Considerations for Business Insurance Coverages

Accounting Considerations for Business Insurance Coverages

🖨 Print⏱ 3 min readWith more than eight million small businesses in America, and more than $776 billion in net premiums issued by the insurance industry in 2022 for commercial policies (according to the Insurance Information Institute), business insurance is big business. Along with protecting businesses from a myriad of claims, insurance expenses also have […]

Read More

Liquidation Value Versus Going-Concern Value

Liquidation Value Versus Going-Concern Value

🖨 Print⏱ 3 min readWhether it’s a company firing on all cylinders or a company on the verge of liquidation, determining correct valuations is not a cut-and-dry process. Understanding the importance of going-concern values and liquidation values is essential when determining a business’ worth. Quantifying Going-Concern Value When it comes to defining this type of […]

Read More

The Role of Data Analytics and Visualization in Modern Auditing

The Role of Data Analytics and Visualization in Modern Auditing

🖨 Print⏱ 4 min readModern businesses have become complex mainly due to the exponential growth of data, and traditional auditing methods can no longer keep pace. To cope with today’s rapidly evolving business landscape, data analytics and visualization have become crucial tools. Leveraging these advanced technologies enhances the efficiency and effectiveness of audits and enables […]

Read More

How to Develop a Credit Policy

How to Develop a Credit Policy

🖨 Print⏱ 4 min readA credit policy explains how a company will manage lines of credit for client accounts and what procedures to follow for severely outstanding invoices. It helps a business promote a robust foundation for its working capital level. Defining a Credit Policy Unlike personal credit scores, business scores range from 0 to […]

Read More