Bookkeeping

Top 5 richest people in Africa at the start of 2025 Business Insider Africa

Much of the wealth generated by large companies comes off the backs of workers who aren’t always properly compensated for their roles, Oxfam argues. The current state of the business world “generated unprecedented profits for major companies, fantastic pay for an elite class of executives and tremendous wealth for shareholders,” Oxfam’s report says. Caitlin O’Kane…

Accounting Services For Startups Why Startups Need Bookkeeping

Maximize your tax benefits without breaking the budget and sail through your next tax season with an accountant from Zeni. Our clients have secured Pre-Seed to Series C or Series D funding. We look to partner with our clients, going beyond the typical outsourced accounting relationship and seeking to provide a higher level advisory role….

BooksTime Review: Online Guide to Accounting and Bookkeeping

Meanwhile, for the tech-savvy of us, BooksTime’s online bookkeeping services utilize the latest technology that modern times can buy, guaranteeing reliable security for the business owners’ bookkeeping and financial data. BooksTime’s online bookkeeping services can offer a novice or seasoned business owner facilities that provide bookkeeping management, calculations, and specifications for the formulation of a…

What is Acid Test Ratio?

On the other hand, a business with long credit terms or a substantial cash reserve might prioritize other financial ratios over the acid-test ratio. Investors also utilize the acid-test ratio to compare various investment opportunities. By comparing the acid-test ratio of multiple companies within the same industry, investors can identify which businesses are financially safer…

Operating cash flow Wikipedia

It would be displayed on the cash flow statement as “Increase in Accounts Receivable -$500.” The items need to be adjusted when calculating cash flow from operating activities because they are considered elsewhere in the cash flow statement (e.g., investing activities or financing activities). This ratio helps determine how well a company is converting operating…