Aron Govil

Net present value (NPV) is a technique used in capital budgeting. NPV provides the valuation of an investment by converting all future cash flows to today’s dollars says Aron Govil. Net Present Value Formula Net… Read More »Aron Govil: What Does Net Present Value Mean in an Investment Analysis Report? How Do You Calculate Employee Benefits Expenses on the Income Statement and Balance Sheet?

A corporation is a separate legal entity totally independent of its shareholders, directors and employees says Aron Govil. It has the ability to act, to contract, to sue and be sued in its own name.… Read More »Aron Govil- What Does a Corporation Do and How Does It Work?

According to an article published by the Tax Lawyer in 2006, “It’s the most secretive aspect of the dark side of human behavior says Aron Govil. It’s grey market accounting, the art of creative bookkeeping… Read More »Aron Govil- The War on Drugs and Accounting: When is it Legal to Lie?

There are many different types of liabilities that a business might be subject to, and there is often some confusion when it comes to what exactly constitutes a primary or secondary liability says Aron Govil.… Read More »Aron Govil: What Are Some Examples of Primary and Secondary Liabilities?

A down economy can be hard on all businesses – companies that are already in trouble may go bankrupt or lay off workers, while even the most successful companies find their sales are down says… Read More »Aron Govil- What Are Some Tips for Increasing Sales in a Down Economy?

Every profession has its rock stars—and today, more than ever before, the accounting world is abuzz with chatter about a new kind of rock star: those who have managed to bridge the gap between finance… Read More »Aron Govil- The Most Influential People in Accounting

There are three common problems faced by small and medium-sized enterprises when they start doing business with international customers says Aron Govil. Those can be called an unknown market, difficulties of finding a good supplier,… Read More »Aron Govil- The Difficulties of International Accounting Services and How to Cope With Them

By design, the majority of small businesses are run by a group of people who share their responsibilities explains Aron Govil. This could be a husband and wife team or two business partners working together.… Read More »Aron Govil- Small Business Accounting Made Easy

You have been tasked with creating a profit and loss statement from scratch says Aron Govil. Here is a suggested process to use in order to complete your project. Start by gathering all necessary information… Read More »Aron Govil- Steps to Create a Profit & Loss Statement from Start to Finish

You multiply the unit price by the number of units in stock and add to this value any additional cash or investments in inventory says Aron Govil. For example, if you sell one unit at… Read More »Aron Govil: How Do I Calculate the Return on Investment (ROI) for Each Unit?