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Accounting Terms Starting with V and W

Accounting Terms Starting with V and W

All good things come to an end, as is the case with our penultimate blog onaccounting terms, listed in alphabetical order. VALUE-ADDED TAX (VAT) A tax on the value added to goods and services at each stage of production ordistribution. VARIANCE ANALYSIS A technique...

MINDFUL SPENDING OVER THE FESTIVE SEASON

MINDFUL SPENDING OVER THE FESTIVE SEASON

The festive season is just around the corner, and it's time to start thinking about howyou're going to manage your finances. With the parties, gifts, and travel expenseswhich you may incur, it's easy to overspend and end up with a financial hangover inthe new year....

Accounting Terms beginning with S, T and U

Accounting Terms beginning with S, T and U

We are nearing the end of our alphabetical journey through the basics of accounting.Only five letters remain after this blog. But before we get there, let's explore thesecrets that S, T, and U have to offer. SALESRefers to the amount of revenue generated by selling...