Thought leadership from the MERU team, media appearances, podcast visits, news article mentions, and more. Served as Chief Restructuring Officer to outdoor equipment & apparel retailer through its successful Chapter 11 sale process, which won TMA’s Transaction of the Year award in 2018. Former BCG, Lilly supports key recruiting and operations initiatives across the firm. […]

Proper management of accounts and notes receivable allows businesses to maintain a healthy cash flow while minimizing potential losses from unpaid debts. Notes receivable are generally used when larger amounts of money are being exchanged or when there is a higher risk involved with extending credit. For example, if a company sells expensive equipment or […]

You don’t have to sacrifice your day to clean up your clients’ books. Custom bank proadvisor login feeds get rid of tedious data entry by downloading, categorizing, and updating transactions automatically in QuickBooks. The Accountant Toolbox holds essential work tools, reports, and shortcuts inside your clients’ QuickBooks Online, so you can take actions without missing […]

They will also help you with ongoing, basic bookkeeping and QuickBooks questions, like how to use QuickBooks’ reporting features, assistance with bank connections, and setting up customers and vendors. Your QuickBooks Live Bookkeeper will not send invoices, pay bills, manage your inventory, or provide tax or financial advisory services. Bench Accounting is an online bookkeeping […]

The cost of accepting purchase discounts should be weighed against the cost of alternative methods of financing. A call option is a contract enabling one to buy a specific number of shares of a company at a specific price and time. For example, one might buy an option to purchase 100 shares of IBM at […]

Accountants’ rates vary based on their education, licenses, experience, and the work for which they are being hired. An accountant may charge an hourly rate when a company or individual needs their services on a short-term basis, such as when performing an audit or requesting assistance setting up a financial database or process. Hourly rates […]

Let us take an arbitrary example of company A to find out how to calculate the number of outstanding shares of the company. We will also try to understand what authorized shares, issued shares, and treasury stocks mean. For example, suppose the number of authorized shares for a company is 5000 shares. The common stock on […]

You may need to have your accountant help you with this type of transaction. Accruals stand for revenues and expenses not yet received or paid, nor recorded in an accounting transaction. A fixed asset is a tangible/physical item owned by a business that is relatively expensive and has a permanent or long life—more than one […]

Because preferred shares are often compared with bonds and other debt instruments, let’s look at their similarities and differences. The payout ratio for the preferred dividends isn’t the only important metric. I would obviously also like the balance sheet to remain sufficiently strong to avoid capital losses. As you can see below, the total amount […]

Therefore, the monthly charge of insurance for Abdul Co. amounts to $200. This implies that only the current charge is going to be recorded as an expense in the Income Statement. Anything that is owed by, or owed to the organization is subsequently declared in the Balance Sheet. For example, because of recent legal issues, […]