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Five Tips When Outsourcing Your Accounting Department

First seen as a formal business strategy in 1989, outsourcing is the process of hiring third parties to conduct services that were typically performed by the company. Often, outsourcing is used so that a company can focus on its core operations. While privacy has been a recent area of controversy for outsourcing contractors, it has also drawn criticism for its …


Retained Earnings: Calculation, Formula & Examples

Any item that impacts net income (or net loss) will impact the retained earnings. Such items include sales revenue, cost of goods sold (COGS), depreciation, and necessary operating expenses. One way to assess how successful a company is in using retained money is to look at a key factor called retained earnings to market value. It is calculated over a period of …