If you are comparing project options and investmentalternatives with different tenors, you achieve more accurate results when youare using the ROI formula for multiple years instead of the basic ROI concept. Youwill then be able to compare the annualized ROI of the different alternatives. This Accounting for Churches formula may be applied tosingle-period projects and […]

No matter what industry your business is in, from construction to catering, good accounting gives you the data your business needs to make better decisions. Construction is an unconventional industry, with a unique business structure. Income recognition is an important part of the construction project cycle and a feature of accrual accounting. Also referred to […]