Invisible Assets: What It is, How It Works, Examples
The two types of tangible assets are current (quickly convertible into cash) and fixed (not easily convertible into cash). Currently, companies virtual accountant are investing more in intangibles because they are aware that they can help them build protective moats, boost productivity, and deliver higher returns. The parties involved in a franchise arrangement are not […]
Calculate Net Realizable Value: NRV Explained with Formula and Example
By accurately tracking net revenue, you can identify revenue leakages, optimise pricing strategies, and improve financial decision-making. Under GAAP, it is expected for the accountants to apply a conservative approach in accounting – make sure that the profits and assets of the company are not valued more than they should. Computing for the Net Realizable […]