The balance sheet is one of the three fundamental financial statements. The financial statements are key to both financial modeling and accounting.| Corporate Finance Institute
Common types of assets include current, non-current, physical, intangible, operating, and non-operating. Correctly identifying and| Corporate Finance Institute
Standardization is the process of creating standards to guide the creation of a good or service based on the consensus of all the relevant| Corporate Finance Institute
Product costs are costs that are incurred to create a product that is intended for sale to customers. Product costs include direct material| Corporate Finance Institute
Net Working Capital (NWC) is the difference between a company's current assets (net of cash) and current liabilities (net of debt) on its balance sheet.| Corporate Finance Institute
If you want a career in accounting, T Accounts may be your new best friend. The T Account is a visual representation of individual accounts| Corporate Finance Institute
Absorption costing is a costing system that is used in valuing inventory. It not only includes the cost of materials and labor, but also both| Corporate Finance Institute