This is done to protect the employer from any lawsuits that the employee may be able to bring upon being terminated, should he be terminated in a way that deviates from the labor laws within that jurisdiction. The arm’s length principle here ensures that the employer and the employee each have an unbiased and qualified […]
Category Archives: Bookkeeping
Assets are what a company uses to operate its business, while its liabilities and equity are two sources that support these assets. The current ratio measures a company’s liquidity, or ability to meet its near-term obligations. But as you become more familiar with the language of financial statements it may become easier to make sense […]
A financial professional will offer guidance based on the information provided and offer a no-obligation call to better understand your situation. Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise. Our writing and editorial staff are a team of experts holding advanced financial designations […]
Number of days – this is the actual number of days that the account payable and cost of sales in based (for example 365 days). A company with a low DPO may indicate that the company days payable outstanding formula is not fully utilizing its credit period offered by creditors. Alternatively, it is possible that the […]
From new businesses to veteran companies, we have a Chicago business bookkeeping solution for you. We are a full-service accounting firm that provides business accounting services that cover bookkeeping, payroll, and more. CDH CPAs is also recognized for its strong commitment https://ss-machines.com/nissan-used-automotive-dealership.html to community engagement and support for charitable causes. CDH CPAs blends professional financial […]