Revenue in accounting : definition, calculation and examples
Revenue (also called sales or turnover in english) represents the sales of goods or services made by a company over a given period....
Accounting
Revenue (also called sales or turnover in english) represents the sales of goods or services made by a company over a given period....
In the complex economic landscape of Switzerland, a concept plays a discreet but essential role in the financial health of companies: hidden reserves. Often unknown to the general public and even some professionals, these reserves are a crucial aspect of accounting and corporate financial strategy....
Every day, entrepreneurs embark on the adventure of starting a business, driven by the passion for a product, a service, or an idea. However, behind the freedom and independence that entrepreneurship brings, a relentless reality remains: profitability. How can you turn your passion into profit?...
Accounting, while being a discipline structured by precise standards, varies significantly from one region to another. Two of the largest accounting standard systems, the International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles in the United States (US GAAP), are used worldwide but...
When talking about finance and accounting on an international scale, it's almost impossible not to mention IFRS (International Financial Reporting Standards). This acronym, often mentioned but rarely detailed, deserves a closer look. What exactly are these standards, who uses them, and why are they important?...
Whether you are a freelance entrepreneur or the owner of a small business, choosing the right accounting software is crucial for your activity. Accounting software can help you track your finances, create invoices, manage your bank transactions, and prepare your tax returns. However, with so...
The accounting plan allows for recording all of a company's activities in the accounting system. Each transaction is recorded in accounting accounts that together form the accounting plan. Let's analyze together which accounting plan to choose for your company....