Remove Collaboration Remove Compliance Remove Liability Remove Ratio
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Lease Accounting 101: Everything You Need to Know

Coreaxis

It helps in assessing the leverage and liquidity of a business, as lease liabilities can affect key financial ratios and debt covenants. The main principles include lease identification, lease classification, and recognition and measurement of lease liabilities.

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6 End-of-Year Mistakes That Businesses Should Avoid

Coreaxis

This collaborative approach ensures that all voices are heard and increases the likelihood of successful implementation of the strategic plan. Furthermore, it is essential to analyze your financial ratios to gain a deeper understanding of your business’s financial performance.

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Exploring the Difference Between Accounting and Finance

Coreaxis

It involves analyzing financial data, preparing financial statements, and ensuring compliance with relevant laws and regulations. This ensures that the accounting equation, which states that assets equal liabilities plus equity, remains in balance.

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Boost Your Financial Fitness: Essential Tips for Entrepreneurs

Coreaxis

Collaborating with a knowledgeable financial advisor can help entrepreneurs make informed decisions and maximize their business’s financial potential. They can provide guidance on tax planning, helping entrepreneurs optimize their tax positions and minimize liabilities.

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How to Implement Effective Treasury Management in Pharmaceutical Manufacturing

Coreaxis

This involves managing the company’s current assets and liabilities to ensure that there is sufficient working capital to support the ongoing operations of the business. By implementing appropriate risk management strategies, pharmacy manufacturers can protect their financial assets and minimize potential losses.