Controller vs CFO
This is another interesting dynamic. In smaller finance teams, the controller and CFO may even be the same person.The CFO is both the leader of the finance team and a…
What is the key ratio for measuring profitability?
Key ratios for measuring the profitability of the company are ● Return on Equity ● Gross Profit margin ● Net Profit margin ● Earnings per share
Journal Entries and Differences between Bad Debts and Provision for doubtful debts
Bad Debts Bad Debts amount to that portion of the debts which are either irrecoverable or whose probability of recovery is very rare. Bad Debt Account (Debit), Debtor's Account (Credit)…