However, the prevailing market interest rate was 6% at the time of the issue. For instance, let us assume ABC Inc. is planning to raise funds through the issue of a 5-year bond, having a par value of US $ 1000 at a coupon rate of 5%p.a. A US $ 1000 bond will be issued […]

By understanding the differences between bookkeepers and accountants, business owners can make educated decisions when selecting the right financial professional to fit their needs. Bookkeepers focus on managing everyday financial tasks and maintaining accurate records, while accountants provide strategic guidance on taxes, investments, and financial planning. Both bookkeepers and accountants contribute to a business’ compliance […]

This might include shortening payment terms or even adding fees for late payments. On the other hand, it could also be that your collection staff members are not receiving the training they need or are not assertive enough when following up on unpaid invoices. If you never know if or when you’re going to get […]

The latest impact factor of advances in accounting is 1.5 which was recently updated in June, 2025. The chart shows the evolution of the average number of times documents published in a journal in the past two, three and four years have been cited in the current year. This indicator counts the number of citations […]