He says the best way to advance is by volunteering to work on various projects and decision-making tasks to increase your knowledge of the company and your role in its success. The contents of this book are very comprehensive and comparable to other Managerial Accounting texts I have used in the past from major publishers. … Continue reading Challenges Faced by Management Accountants in the 21st Century →

Join over 1 million businesses scanning receipts, creating expense reports, and reclaiming multiple hours every week—with Shoeboxed. Join over 1 million businesses scanning & organizing receipts, creating expense reports and more—with Shoeboxed. You can stuff your receipts into one of our Magic Envelopes (prepaid postage within the US). Use our receipt tracker + receipt scanner … Continue reading Cash Receipts Journal: Definition, Types, Pros & Cons →

Adding the two variables together, we get an overall variance of $4,800 (Unfavorable). Management should address why the actual labor price is a dollar higher than the standard and why 1,000 more hours are required for production. The same column method can also be applied to variable overhead costs. It is similar to the labor … Continue reading 8 3 Compute and Evaluate Labor Variances Principles of Accounting, Volume 2: Managerial Accounting →

We believe everyone should be able to make financial decisions with confidence. Common sense may tell you that churches will tend to postpone technology purchases compared to other organizations or small businesses due to budget constraints. Many organizations just don’t have money in the budget to upgrade their technology every year, and a complete volunteer-ran … Continue reading Church Management Software for Small and Large Churches →