AI in Financial Services: Key Trends & Opportunities for 2022

The impact of AI in accounting will be colossal as the accounting profession will undergo a huge technological transformation. But most of the features like automation, enhanced accuracy, effective data handling, security, etc., that this technology entails will positively [...]

Why It Might Not Make Sense To Buy William Penn Bancorporation NASDAQ:WMPN For Its Upcoming Dividend

Typically, the ex-dividend date is set one business day before the record date. Shareholders who bought the stock on the ex-dividend date or after will not receive a dividend. However, shareholders who owned their shares at least one full [...]

Why It Might Not Make Sense To Buy William Penn Bancorporation NASDAQ:WMPN For Its Upcoming Dividend

Typically, the ex-dividend date is set one business day before the record date. Shareholders who bought the stock on the ex-dividend date or after will not receive a dividend. However, shareholders who owned their shares at least one full [...]

Business Equipment Tax Deductions Chron com

And, record new equipment on your company’s cash flow statement in the investments section. Luckily, the IRS recognizes this and allows you to deduct up to $5,000 of these start-up expenses in the year your business begins. Any money [...]

What Are Plant Assets? The Motley Fool

The depreciation expense in this method is calculated by subtracting the residual value of an asset from the cost and dividing the remainder by a number of years(useful life). The straight-line method’s illustration has been given in the above [...]

9 Best exchanges to buy crypto in Mexico 2024

If you’re considering diving into crypto investments in Mexico, always go for platforms that adhere to these regulations. This will help safeguard your investments and offer a more trustworthy trading experience. Compliance with these rules signals the exchange’s commitment [...]

Contingent Asset: Overview and Consideration

Contingent assets should not be recognized but should be disclosed in those cases where an inflow of economic benefits is probable. When the realization of income is virtually certain, the related asset is not a contingent asset, and its [...]

How to Read Financial Statements: A Beginners Guide

If the company takes $8,000 from investors, its assets will increase by that amount, as will its shareholder equity. All revenues the company generates in excess of its expenses will go into the shareholder equity account. These revenues will [...]

Annual Balance Sheet Date Definition

Before getting a business loan or meeting with potential investors, a company has to provide an up-to-date balance sheet. A potential investor or loan provider wants to see that the company is able to keep payments on time. When [...]

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