by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is Operating Income?Operating income is an accounting concept that calculates revenue received from the operations of a company. Operating income is the gross income of a firm minus the operating expenses incurred. The operating costs of a business are the result...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is the Write-Down Value of an Asset?A written-down value refers to the value of an asset after the accumulated depreciation or amortization of the asset has been deducted from the value. In a company’s financial records, the written-down value represents...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is a Certified Financial Statement?A certified financial statement is a financial statement that has been audited and approved by an independent auditor. After a company prepares its income statement, cash flow statement and balance sheet, they are presented to a...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is a Certified Fraud Examiner?A Certified Fraud Examiner (CFE) is a professional designation awarded to individuals who investigates fraud and resolve fraud related cases. Fraud examiners are experts who are well-trained in detecting fraudulent activities,...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is Managerial Accounting?Managerial accounting, also known as management accounting and cost accounting, is a branch of accounting that involves the creation of reports and other necessary documents that aid a manager in the decision-making processes of running...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is Net Operating Income?All revenue generated by a company after the operating expenses are deducted gives the Net Operating Income (NOI) of an investment or company. NOI is used in accessing how profitable a business or an investment is. Usually, this...
