Capital expenditures are expenses needed to acquire or maintain fixed assets, such as fixing or maintaining buildings, land and cars. Indirect costs, which are also called overhead, include things like utility bills, internet fees and postage. Good budgeting demonstrates accountability and transparency, which are important issues that donors and grant-makers look for before offering funds. Good...

Implementing robust internal controls is essential for safeguarding a dealership’s assets and ensuring the integrity of its financial https://www.bookstime.com/articles/accrual-to-cash-conversion operations. Internal controls encompass a range of policies and procedures designed to prevent fraud, detect errors, and promote operational efficiency. One critical aspect of internal controls is the segregation of duties, which involves dividing responsibilities among...