Category Archives: Bookkeeping

We can verify that by knowing the 56,285 multiplied with the average unit contribution $ 5.33 equals the fixed costs of $ 300,000. While this is not specifically covered by the Performance Management syllabus, it is still useful to see … Continue reading →

As economists are often quick to point out, outsourcing is little more than an extension of the division of labour. As part of the drive towards increased efficiency, it is part of the natural economic process to try to find … Continue reading →

The R2R process begins by documenting all financial activities, including revenue and costs, and concludes by generating comprehensive financial statements for that accounting period. In the realm of financial reporting, the Oracle Record to Report (R2R) process emerges as a … Continue reading →