by Roberto Belingueres | Mar 15, 2021 | Accounting
Financial statements’ analysis consists of a comparative study of accounts’ relations and trends to determine a company’s economic and financial position. There are methods to analyze, simplify, understand and value the information to know the changes year by year. We...
by Roberto Belingueres | Mar 12, 2021 | Accounting, Articles & Publications
Analyzing Financial Statements: The Horizontal Method The second method to analyze financial statements is the horizontal method. The horizontal method is used to analyze financial information in two fiscal years. This method consists of comparing various financial...
by Roberto Belingueres | Mar 12, 2021 | Accounting, Articles & Publications
How to Analyze Financial Statements: Vertical Method As said in previous articles, we have two primary methods to analyze financial statements. Here you will learn how to use both steps by step. The first method, known as the vertical method, analyzes one fiscal...
by Roberto Belingueres | Mar 7, 2021 | Accounting, Articles & Publications
Fundamentals of Financial Statements Analysis Financial Statement analysis is carried out through methods, often defined as techniques that allow knowing the entity’s transactions on its financial situation and results. Based on the order to follow the analysis,...
by Roberto Belingueres | Mar 4, 2021 | Accounting, Bookkeeping
Setting up your chart of accounts properly is one of the most important things a business owner can do. We’ll explain what a chart of accounts is and why it’s so vital. The chart of accounts lists all the accounts found in your general ledger, including both temporary...
by Roberto Belingueres | Feb 24, 2021 | Articles & Publications, Audit
The new U.S. Corporate Transparency Act (CTA), which passed in late 2020 as part of the National Defense Authorization Act, makes seemingly significant changes to the information required when incorporating a company in the U.S. While the legislation is a significant...
