Students, Accountants, and Business Owners (SAB)
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Entrenched inflation is the idea that, as prices or costs rise, they become fixed (or entrenched) into the product or service pricing for the long term. As a result, businesses and other decision-makers begin to factor in the increased cost within their forecasts and business models, eventually passing on the cost to consumers through price …
Continue reading “Entrenched Inflation – The Monster That Feeds on Itself”
Jerome Powell finally stood his ground on the Fed’s policy position at this past week’s Jackson Hole Symposium. We could argue that he has been reiterating his goal to combat inflation over sustaining a strong market since the prior quarter. However, there was a much stronger tone in his Jackson Hole Speech this time around. …
Continue reading “Jerome Powell Finally Steps His Foot Down”
Why Have Inventory Tags in the First Place? Once the inventory count personnel have received the instructions and understand the procedures, the Company will begin with the inventory count. As we saw in the previous blog, the counters are assigned locations and specific inventory to count. However, how do counters know which items are still leftover …
Continue reading “What is an Inventory Count? – Part 2: Tag Controls”
Inventory is one of the essential parts of a company’s balance sheet if you are selling goods. Companies create and sell their product to their customers using them. Therefore, business owners should count their products to see how much inventory they have at least once a year. Is there an exact way to go forth …
Continue reading “What is an Inventory Count? Part 1 – Inventory Count Instructions”
Introduction Continuing with the statement of cash flows, looking at the Company’s operating, investing, and financing activities can tell you a lot about the health of a company. Starting with operating activities, you can see whether the Company can generate cash with its core operations. Investing activities shows how the Company uses their cash float …
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Introduction The phrase the great resignation is quite catchy. It is so catchy that you’d be surprised to know that that this term was not of great interest until about five months ago, back in the week of June 13. Per Google, very few people searched for the word at a meaningful rate until that …
Introduction The statement of cash flows is one of the most challenging financials to understand. Fortunately, you can learn this area with enough practice. I wanted to introduce one of the more common items of the statement of cash flows, which is fixed assets. You’ll see this on almost every business’ financials as you generally …
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Students, Accountants, and Business Owners (SAB)