A shared ownership structure for property.

The process of recording revenue when it is earned.

A licensed professional qualified to provide accounting and tax services.

Metrics that measure how efficiently assets are used.

Costs incurred but not yet paid by the end of an accounting period.

The costs required to run a business’s core operations.

A loan where the borrower is personally liable.

A retirement account funded with after-tax income.

A metric that shows how efficiently a business converts its operations into cash flow.

A tax system where all taxpayers pay the same fixed percentage of their income.

A presentation used to communicate a startup’s business to investors.

Matching internal financial records with bank statements to ensure accuracy.

Journal entries made at period-end to ensure expenses and revenues are correctly recorded.

The price an asset would fetch between a willing buyer and seller in an open market.

The minimum return required before committing capital to an investment.

Expenses not directly tied to production, such as rent and administrative costs.

A legal trade document detailing goods sold, quantities, and agreed prices.

Tax paid by self-employed individuals for social programs.

A company's total assets minus its total liabilities, as recorded on the balance sheet.

An IRS guide on employer tax obligations, worker classification, and withholding.

Metrics measuring a company's ability to cover short-term debts with liquid assets.