The Development of Bookkeeping and Accounting
In the realm of business, the principles of bookkeeping and accounting have played a pivotal role in shaping the way we manage and analyse financial data. From the ancient ledgers of Mesopotamia to the modern digital systems of today, the evolution of bookkeeping and accounting has been nothing short of remarkable. In this blog post, […]
History of accounting standard setting in Australia
Accounting standard setting Accounting standards in Australia were initially developed by professional accounting bodies and were enforceable under their codes of ethics. From 1966, the professional bodies jointly operated the Australian Accounting Research Foundation (AARF), which ultimately encompassed both the Accounting Standards Board (AcSB) and the Public Sector Accounting Standards Board (PSASB). These Boards worked […]
What are capital structure ratios in accounting?
Capital structure ratios are financial assess company’s long-term financial stability and the proportion of debt and equity in its financing These ratios reveal important information regarding a company’s long-term solvency, financial leverage, and general financial risk position. The most prevalent capital structure ratios are the debt ratio (total debt over total assets), debt-to-equity ratio (total […]
How to Delete a bill in QuickBooks Online?
For a new user, it may be difficult to find how to delete a bill in Quickbooks Online. This situation may arise as a result of wrong particulars in the entered invoice. Or once the correct details are entered but due to manually importing the data there may be duplicacy of invoices. Steps to Delete […]