Both accrual and accounts payable are accounting entries that appear on a company's financial statements. An accrual is an accounting adjustment for items (e.g., revenues, expenses) that have been ...

Accounts payable are unpaid bills. They are what your company owes on the outstanding invoices and bills received from suppliers. These result from suppliers extending your company trade credit ...

The first possible implication of large accounts payable – although it is not always the case – is that a company does not have sufficient cash-flow to cover its purchases.

ESOP stands for employee stock ownership plan. An ESOP grants company stock to employees, often based on the duration of their employment. Typically, it is part of a compensation package, where ...

The latest legal issue regarding social media use in the workplace is that of employee versus employer ‘ownership’ of company social media accounts. Find out why this issue is coming up, how ...