Adam Hill, author at Online Accounting

Adam Hill started accounting and trading back in 2007. He has achieved quite a lot of success. Now he decided to open his blog. Here he publishes articles on accounting. For any questions of interest, please contact us by e-mail: admin-hill@online-accounting.net

What Is Cash From Operating Activities?

Dec 1, 2021 Bookkeeping by Adam Hill

You calculate operating cash flow by using either the direct or indirect method. With the indirect method, you use numbers from other financial statements to determine cash flow. Understanding a company's operating cash flow is vital to judging its f...

Completed Contract Method Ccm Definition

Dec 1, 2021 Bookkeeping by Adam Hill

The IRS requires contractors to use percentage of completion for long-term construction projects. The only exceptions are for home construction and small contractors. The small contractor contract exception depends on two conditions: the size of the ...

What Is A Contra Asset Account? Definition, Types, Example, And More

Nov 30, 2021 Bookkeeping by Adam Hill

The contra asset account can also be combined with a current inventory account, allowing a financial analyst to determine the current market value of the company's inventory. This type is paired with the asset account, which allows a business to reco...

How To Calculate The Break

Nov 29, 2021 Bookkeeping by Adam Hill

Break-even point is the point where revenues equal the total of all expenses including the cost of goods sold. The break-even point in dollars of revenues is equal to the total of the fixed expenses divided by the contribution margin per unit....

Days Sales In Inventory Ratio

Nov 29, 2021 Bookkeeping by Adam Hill

The days of inventory on hand is a measure of how quickly a business uses up the average inventory it keeps in stock. Investors and financial analysts use the days of inventory on hand as a tool to assess how efficiently a company manages its invento...