Bi-Weekly vs Semi-Monthly Pay Periods HR Blog

This method is preferred by companies who pay their employees on an hourly basis and need to keep a reliable payment schedule. This way policies can be formulated to make the semi monthly pay schedules work for all employees, including those who prefer the traditional weekly payment schedule. https://www.bookstime.com/articles/forming-a-corporation-advantages-and-disadvantages Bi-weekly pay can be more predictable […]

Partnership Disputes And Your Taxes: What You Need To Know

Content Instructions for Form 565 Partnership Tax Booklet Revised: 07/2022 File partnership information return Form 1065 The essential tax reference guide for every small business Administrative and Support and Waste Management and Remediation Services Are the Partnership Termination Tax Consequences Different If I Have Employees? Return of Partnership Income, Schedule K for federal purposes, write […]

Comprehensive Guide to Cost Accounting Formulas and Methods

This verifiability enhances the reliability of financial statements, as it minimizes the risk of subjective judgments or estimations that could distort the true financial position of a company. For example, the purchase of real estate is documented through deeds and contracts, which serve as tangible evidence of the transaction. Its importance lies in providing consistency […]

How to Perform Net Realizable Value NRV Analysis by Dobromir Dikov, FCCA, FMVA Magnimetrics

Content How to Calculate the NRV Business Module 8: Inventory Valuation Methods Calculating Net Realizable Value for Accounts Receivable Relevance and Uses of Net Realizable Value Formula Formula and Calculation of Net Realizable Value Free Financial Statements Cheat Sheet What Is Goodwill and How Does It Affect Net Income? Net Realizable Value(NRV) Formula People become […]

Indirect Cost Overview

Content Modified Total Direct Costs (MTDC) What are indirect costs? What is an indirect cost rate? Financial Aid Indirect costs are typically allocated to a cost object on some basis. In construction, all costs which are required for completion of the installation, but are not directly attributable to the cost object are indirect, such as […]