Colour Accounting refreshers
Updates and notices on the ServiceIQ and BDO New Zealand Colour Accounting Workshops
Colour Accounting refresher – Income and Net Profit Margin
Income is defined as a value-generating activity, a verb concept.
Net Profit Margin is also known as the Return on Sales percentage.
Colour Accounting refresher – Liabilities and Leverage
Liabilities are defined as an obligation to a third party.
Leverage is used to calculate the percentage of a business’ assets that are funded by third parties.
Colour Accounting refresher – Assets
At the heart of accounting are assets – it is an asset-centric story!
Colour Accounting refresher – Cash burn calculation
Cash burn is an estimate of how fast the cash in a business is being used to meet operating expenditure.