In bookkeeping, a contra asset account is an asset account in which the natural balance of the account will either be a zero or a credit (negative) balance. The account offsets the balance in the respective asset account that it is paired with on the balance sheet. The allowance for doubtful accounts is a contra …
For example, revenue is realized when goods are delivered to customers, not when the contract is signed to deliver the goods. Overall, by considering the revenue realization rate of your company as a whole, you will have more insight into how and where to improve your revenue efforts. Furthermore, you can use the revenue realization …
However, there are often issues with mental health billing that can hinder the treatment process, such as inaccurate documentation or preauthorization. Mental and behavioral health providers may stumble upon one or more of these problems – and many others – which make it hard to run their practice effectively. In fact, it is important to …
Mental Health Billing: What Every Therapist Needs to Know Read More »
Financing activities would include any changes to long-term liabilities (and short-term notes payable from the bank) and equity accounts (common stock, paid in capital accounts, treasury stock, etc.). As with investing, if there has been a change in a long-term liability or equity (increase or decrease during the year), we must account for the item …
In Australia, the equivalent to FTE for students is EFTSL (Equivalent Full-Time Student Load). Now that we’ve got that out of the way let’s look at how to calculate FTE. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and …