What is a business profit? Business profit refers to the excess of the business' total income less all expenses within the accounting period, which may be presented monthly, quarterly or annually. However, please be informed that a loss, instead of a profit, will be the result if … [Read more...]
What is the Difference between Income, Revenue, and Gain?
What is the difference between income, revenue, and gain? These accounting terms are usually presented and seen in the income statement. They may have similarities, but they are actually different from each other. Financial statements preparers, accountants, and other accounting … [Read more...]
October 2012 CPA Board Exam Results and List of Passers
Update as of October 15, 2012: The official results have been officially released by the PRC! Please see the Roll of Successful Examinees in the October 2012 CPA Licensure Examination below: Previous post as of October 14, 2012: Sunday, October 14, 2012, is the last day of the … [Read more...]
What is the Difference between Cost and Expense?
What is the difference between cost and expense? These two economic or accounting terms are often used interchangeably. We read them in accounting and financial reports. And as business owners, we have to learn how to differentiate the two. The following are the differences … [Read more...]
What is the Difference between Investors and Entrepreneurs?
What is the difference between investors and entrepreneurs? Both of them are known to be risk takers. Both of them also help our economy grows by making the business sector booms. They may overlap in some aspects, but the two are different from each other. The following are the … [Read more...]
What is the Difference between Investors and Creditors?
What is the difference between investors and creditors? Both of them may help and support a business or entity by contributing additional money or assets to the business. An investor contributes asset in a form of capital or equity, while a creditor contributes asset in the form … [Read more...]
- « Previous Page
- 1
- …
- 11
- 12
- 13
- 14
- 15
- …
- 31
- Next Page »