Understanding the Difference Between FOB Destination and FOB Shipping Point Helping Businesses Ship Smarter

Incoterms address aspects such as risk transfer, cost allocation, and customs clearance responsibilities, ensuring both parties have clear expectations. Staying updated with the latest Incoterms, such as those introduced in...

New York Tax Rates Explained: A Complete Guide to Income, Sales, and Property Taxes in 2025

The rates are the same for couples filing jointly and heads of households, but the income levels are different. New York State’s progressive income tax system is structured virtual accountant...

Accumulated Depreciation What Is It, Formula, Example

Our accumulated depreciation calculator is pretty straightforward to use. If you are interested in learning more about depreciation, be sure to visit our depreciation calculator. Additionally, if you are interested...

Accumulated Depreciation What Is It, Formula, Example

Our accumulated depreciation calculator is pretty straightforward to use. If you are interested in learning more about depreciation, be sure to visit our depreciation calculator. Additionally, if you are interested...

Horizontal Analysis: Metrics, Methods, and Applications

Our goal is to deliver the most understandable and comprehensive explanations of financial topics using simple writing complemented by helpful graphics and animation videos. Finance Strategists is a leading financial...

Accrued Interest Expense in the Cash Flow Statement: A Comprehensive Guide

Accounting standards like IFRS 9 and the Financial Accounting Standards Board’s (FASB) ASC 310 provide guidance on recognizing and measuring interest expense, especially given the complexity of financial instruments. However,...

Adjusting Entries: In-Depth Explanation with Examples

Similarly, for the company’s balance sheet on December 31 to be is unearned revenue a current liability accurate, it must report a liability for the interest owed as of the...