Category: Bookkeeping

They allow shareholders to vote on company Bookstime decisions and collect dividends if declared but are the last to receive the assets in the event of bankruptcy. Essentially outstanding shares comprise all the shares owned by institutional investors, retail investors, and restricted shares held by insiders. Outstanding shares play a crucial role in determining a…

There are inherent risks involved with investing in the stock market, including the loss of your investment. Basic outstanding shares and diluted outstanding shares are two methods for calculating a company’s total number of outstanding shares. Preferred shares can be a smart investment for those searching for a consistent income source and are ready to…

The Davis-Bacon Act (DBA) is a United States law that requires employers to pay prevailing wages—the regional minimum pay requirement—on public works projects for laborers and mechanics. Construction payroll wages can vary greatly depending on the location of the job, the size of the job, and the individual skill level of the employee. Common construction…

Each construction accounting method provides valuable insight into a project’s financial impact that helps ensure projects stay on track, on budget, and succeed. When choosing the right accounting method, you should consider your business’s unique needs and objectives. Construction accounting also includes the management of accounts receivable and accounts payable, cash flow, and the reporting…