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Understanding and Preparing a Nonprofit Balance Sheet

Beyond just earned income, charitable nonprofits rely on diverse sources like donations, grants, government contracts, investments, and fundraising/events, among others. Each revenue stream has its own accounting treatments, trailing requirements, and financial impacts. In addition to these statements, nonprofit financial reporting may also include notes to the financial statements. These notes provide additional information and […]

Alcohol Intolerance: Symptoms, Tests & Alcohol Allergy

True alcohol allergy (versus an allergic reaction to ingredients in alcohol intolerance alcoholic drinks) is very rare. Alcohol allergies are rare but can have serious medical consequences, including death. It is a metabolic disorder with unpleasant side effects, caused by the body’s inherited disability to properly break down and dispose of alcohol in the bloodstream. […]

190+ Meaningful Sobriety Tattoo Ideas 2024

Not in the least down to the fact that alcohol naturally makes people much more fidgety, and decreases their ability to sit still for long periods of time. This can be very distracting to the artist and could degrade the quality of work. Generally, however, it’s not a very good idea to drink alcohol before […]

What is Salvage Value, and How to Calculate After-Tax Salvage Value?

The higher the CFAT, the better positioned a business is to make distributions to investors. For example, due to rapid technological advancements, a straight line depreciation method may not be suitable for an asset such as a computer. Salvage value estimation has been a part of asset management practices for as long as businesses have […]

Are There Alcohol Seizures? A Guide to Alcohol-Related Seizure Activity

When someone quits drinking without medical support, they face risks like severe dehydration, confusion, or even seizures. Without proper care, these symptoms can quickly escalate and become life-threatening. Conditions like epilepsy, brain injuries, or severe anxiety disorders make the likelihood of an alcoholic seizure much greater. Also, underlying health problems can make withdrawal symptoms a […]

What is Another Word for Bookkeeping?

An accountant will also review the work of the Bookkeeper in most organizations before finalizing monthly, quarterly, or annual financial statements. Below are the most popular entry-level accounting job titles ranked by both candidate and employer searches on Google (source; ahrefs and Google Keyword Planner). Bookkeepers record financial transactions Sales Forecasting for businesses and organizations. The […]

8,000+ Data Analytics Part Time jobs in United States

The analyst must always keep the big picture in mind but be able to jump into the fray and perform statistical concepts or code as needed. Experience in programs and applications will factor into the hiring process. Because the demand for data science professionals is so high today, with your knowledge and experience, you will […]

Aging of accounts receivable and bad debt expense Accounting Guide

This step provides a clear view of the overall receivables and the extent of overdue accounts. For example, if a significant portion of the accounts receivable falls into the 91+ days category, it indicates potential cash flow issues and may require urgent collection action. Let’s aging accounts receivable method assume that a company’s Accounts Receivable […]