As a student, you’ll benefit from our strong links with the accounting profession and industry bodies. You will gain practical skills in computer simulation software using state-of-the-art technologies. You’ll also have the opportunity to apply your skills in a real workplace setting through an industry internship or participate in a study tour learning about business […]

In this chapter, we begin examining the relationship among sales volume, fixed costs, variable costs, and profit in decision-making. We will discuss how to use the concepts of fixed and variable costs and their relationship to profit to determine the sales needed to break even or to reach a desired profit. You will also learn […]

Start by reaching out to other business owners for recommendations, searching online for providers and checking out reviews on Google or Yelp. If you don’t feel comfortable with a freelancer, there are many firms that offer bookkeeping services as well. If you own the business you’re going to be keeping the books for, learning all […]

When a client buys goods or services on credit, they receive an invoice, which they will pay after a specified period. One of the primary goals of accounts receivable management is to ensure the timely collection of outstanding invoices. This ensures strong cash flow and can strengthen your customer relationships. Key Performance Indicators for Successful […]

Effective bookkeeping, followed by accounting helps you make better decisions easily. In case proper books are not maintained, the transaction data of your travel business lies spread out all over the place. You cannot figure out what capital you’re holding, your profits, and which part of the business needs to be worked upon. Bookkeeping solves […]