Activity-Based Costing Calculation Steps and Example

by | Oct 5, 2021 | Bookkeeping

Such insights can only be gained with the proper application of the concept of the activity base. The right activity base should reflect the critical operational activities contributing to resource usage. For instance, for a manufacturing company, the activity base...

Business Process Analysis BPA Explained + 6 Top Tools

by | Jul 14, 2021 | Bookkeeping

As an example, moving from a hybrid to fully automated customer chatbot support is one way service centers lower costs and optimize customer support with hyperautomation. Business process improvement (BPI) is where you take action on everything you’ve learned. After...

What Is Share Capital? How It Works and Types

by | Jun 29, 2021 | Bookkeeping

Utilities stocks, healthcare stocks and consumer staples stocks are all considered defensive investments. That’s because their revenue—and potentially their stock prices—remain steady in boom and bust economies. To find these shares, value investors look for companies...