Jacquelyn Denfip

Jacquelyn Denfip

Passionate coffee lover. Passionate zombie evangelist. Hipster-friendly writer. Amateur pop culture enthusiast. Lifelong social media evangelist.

52 Total Articles
The Essential Role of Accounting in Business: A Comprehensive Guide

The Essential Role of Accounting in Business: A Comprehensive Guide

Accounting is an essential part of any business, providing a comprehensive record of financial transactions and...

A Comprehensive Guide to Understanding Return on Equity (ROE)

A Comprehensive Guide to Understanding Return on Equity (ROE)

Return on Equity (ROE) is a financial metric used to measure how efficiently a company is utilizing the equity funding...

Understanding Cash Flow Statements: A Comprehensive Guide to Financial Health

Understanding Cash Flow Statements: A Comprehensive Guide to Financial Health

A cash flow statement is a financial report that provides an overview of the amount of cash and cash equivalents entering ...

What is a Journal Entry in Accounting? A Comprehensive Guide

What is a Journal Entry in Accounting? A Comprehensive Guide

Journal entries are records of business transactions in an organization's accounting system. They contain the essential...

A Comprehensive Guide to Financial Statements: A Comprehensive Overview

A Comprehensive Guide to Financial Statements: A Comprehensive Overview

Financial statements are essential documents for any business, providing a comprehensive overview of the company's...

A Comprehensive Guide to Cost Accounting Methods

A Comprehensive Guide to Cost Accounting Methods

Cost accounting is an essential tool for businesses to identify and analyze the differences between the actual costs of...

The Difference Between Financial and Managerial Accounting

The Difference Between Financial and Managerial Accounting

Management accounting and financial accounting are two distinct disciplines that are essential for any business. While...

The Benefits of Implementing Internal Controls in Accounting

The Benefits of Implementing Internal Controls in Accounting

When it comes to accounting, there are two main categories of internal controls: preventive and detection. Preventive...

What is the Purpose of a Trial Balance Sheet?

What is the Purpose of a Trial Balance Sheet?

The primary purpose of a trial balance sheet is to guarantee that the list of credit and debit entries in a general...

A Comprehensive Guide to Different Types of Investments Used in Accounting

A Comprehensive Guide to Different Types of Investments Used in Accounting

The investment product landscape is vast and goes beyond stocks, bonds, and mutual funds, which many investors are...

7 Types of Accounting: A Comprehensive Guide

7 Types of Accounting: A Comprehensive Guide

Accounting is a complex field that encompasses a variety of different disciplines. From financial accounting to cost...

How to Calculate the Current Ratio for Your Business: A Comprehensive Guide

How to Calculate the Current Ratio for Your Business: A Comprehensive Guide

Calculating the current ratio, also known as the current assets ratio, is a straightforward process that can be done with ...

The Benefits of Budgeting: Why It's Essential for Accounting

The Benefits of Budgeting: Why It's Essential for Accounting

Budgeting is an essential skill for business owners, executives, and managers to guarantee that their organizations and...

A Comprehensive Guide to the Accounting Cycle: An Expert's Perspective

A Comprehensive Guide to the Accounting Cycle: An Expert's Perspective

The accounting cycle is an essential element of accounting that helps ensure all financial transactions are recorded...

What Accounting Services Should You Expect?

What Accounting Services Should You Expect?

When it comes to accounting services, there are a variety of services that you should expect from a professional...

The Benefits of Good Bookkeeping: Get the Big Picture

The Benefits of Good Bookkeeping: Get the Big Picture

Good bookkeeping is essential for any business, regardless of size. It provides an accurate record of financial...

Unravelling the Mysteries of an Income Statement

Unravelling the Mysteries of an Income Statement

An income statement is one of the three primary financial statements that report on the financial performance of a...

How to Calculate Quick Ratio for Your Business: A Comprehensive Guide

How to Calculate Quick Ratio for Your Business: A Comprehensive Guide

The quick ratio, also known as the rapid asset ratio or trial by fire, is a measure used to evaluate a company's...

The Benefits of Hiring a CPA Accountant

The Benefits of Hiring a CPA Accountant

When it comes to financial matters, accuracy and precision are essential. This is why many businesses and individuals...

The Difference Between Financial and Managerial Accounting: A Comprehensive Guide

The Difference Between Financial and Managerial Accounting: A Comprehensive Guide

Financial and managerial accounting are two distinct branches of accounting that have different purposes. Financial...

The Essential Guide to Estate Planning

The Essential Guide to Estate Planning

Estate planning is an important part of financial planning that helps individuals and families prepare for the future. It ...

A Comprehensive Guide to the Different Types of Accounting

A Comprehensive Guide to the Different Types of Accounting

Accounting is an essential part of any finance department, and accounting professionals need the help of financial...

A Comprehensive Guide to Calculating Depreciation Expense: An Expert's Perspective

A Comprehensive Guide to Calculating Depreciation Expense: An Expert's Perspective

Calculating depreciation expense is an important part of accounting for businesses. It allows the cost of an asset to be...

The Pros and Cons of Accrual and Cash Basis Accounting

The Pros and Cons of Accrual and Cash Basis Accounting

When it comes to accounting, there are two main methods used to record income and expenses: cash basis and accrual basis. ...

Accounting 101: A Comprehensive Guide for Beginners

Accounting 101: A Comprehensive Guide for Beginners

Accounting is an essential part of any business, and understanding the basics of accounting is key to success. Accounting ...

A Comprehensive Guide to Calculating Net Income: A Step-by-Step Guide

A Comprehensive Guide to Calculating Net Income: A Step-by-Step Guide

Calculating net income is a straightforward process. Start by taking your gross income, which is the total amount of...

The Benefits of Double-Entry Accounting

The Benefits of Double-Entry Accounting

The double-entry accounting system is a reliable and accepted method of recording financial transactions. This system is...

Types of Frauds Used in Accounting: A Comprehensive Guide

Types of Frauds Used in Accounting: A Comprehensive Guide

Fraud is a type of theft that is carried out by someone who has control over the funds. It can take many forms, from...

Understanding the Debt to Equity Ratio: A Comprehensive Guide

Understanding the Debt to Equity Ratio: A Comprehensive Guide

Debt to equity ratio is a key financial metric used to measure the financial health of a company. It is calculated by...

The Difference Between Bookkeeping and Accounting: A Comprehensive Guide

The Difference Between Bookkeeping and Accounting: A Comprehensive Guide

Accounting and bookkeeping are two closely related fields, but there are essential distinctions between them. Accounting...

What is an Income Statement and What is its Purpose?

What is an Income Statement and What is its Purpose?

An income statement is a financial document that reveals the income, expenses, and profitability of a company over a...

Understanding Return on Assets (ROA): A Comprehensive Guide

Understanding Return on Assets (ROA): A Comprehensive Guide

Return on assets (ROA) is a financial ratio that measures the profitability of a company by dividing its net income by...

The Difference Between Financial Accounting and Cost and Management Accounting: An Expert's Perspective

The Difference Between Financial Accounting and Cost and Management Accounting: An Expert's Perspective

Cost and management accounting is a field of accounting that provides cost information to internal administration for...

A Comprehensive Guide to Different Types of Taxes Used in Accounting

A Comprehensive Guide to Different Types of Taxes Used in Accounting

Taxes are fees and financial obligations imposed by a government on its citizens. Income taxes are the most common type...

How to Select a Good Accountant: Expert Tips

How to Select a Good Accountant: Expert Tips

When it comes to managing your finances, it is important to have a reliable and trustworthy accountant. A good accountant ...

Understanding Financial Reporting Standards in Accounting: An Expert's Guide

Understanding Financial Reporting Standards in Accounting: An Expert's Guide

Financial reporting is an essential part of accounting that provides investors, lenders, and other creditors with useful...

Understanding Cash Flow Statements: A Comprehensive Guide to Financial Success

Understanding Cash Flow Statements: A Comprehensive Guide to Financial Success

A cash flow statement is a financial report that provides an overview of the amount of cash and cash equivalents that...

6 Common Accounting Mistakes and How to Avoid Them

6 Common Accounting Mistakes and How to Avoid Them

It is always better to be proactive and have a system in place to record each transaction. Omission errors usually occur...

Understanding Financial Ratios Used in Accounting: A Comprehensive Guide

Understanding Financial Ratios Used in Accounting: A Comprehensive Guide

Natalya Yashina is a public accountant at DASM with more than 12 years of experience in accounting. She is a member of...

15 Types of Accountants: What You Need to Know

15 Types of Accountants: What You Need to Know

Accounting is a vast field that offers a wide range of jobs and qualifications. From cost accountants to government...

A Comprehensive Guide to Financial Analysis in Accounting: An Expert's Perspective

A Comprehensive Guide to Financial Analysis in Accounting: An Expert's Perspective

Financial analysis is an essential tool used by investors and analysts to evaluate the financial health of a company. It...

A Comprehensive Guide to Understanding the Chart of Accounts

A Comprehensive Guide to Understanding the Chart of Accounts

A chart of accounts (COA) is a financial and organizational tool that provides an index of all the accounts in an...

An Expert's Guide to the Three Types of Accounting

An Expert's Guide to the Three Types of Accounting

Accounting is an essential part of any finance department, and it requires the help of both accounting and financial...

What is an Audit and What Does it Entail?

What is an Audit and What Does it Entail?

An audit is an assessment of an organization's financial report, as presented in the annual report, conducted by a person ...

Unravelling the 4 Step Accounting Cycle

Unravelling the 4 Step Accounting Cycle

The accounting cycle is a process that helps businesses keep track of their financial transactions. It is a series of...

The Benefits of Having a Good Tax Accountant

The Benefits of Having a Good Tax Accountant

Tax season can be a stressful time for many people. It is important to have a good tax accountant to help you navigate...

The Different Types of Inventory Valuation Methods Used in Accounting: A Comprehensive Guide

The Different Types of Inventory Valuation Methods Used in Accounting: A Comprehensive Guide

Inventory valuation is an essential step in accounting, as it helps identify unsold items and make the best use of them....