Unearned Revenue: Decoding Its Significance in Business Accounting

It represents the money received by a company for goods or services that have not yet been delivered. When a company receives payment before rendering the service or delivering the product, it must recognize this receipt as a liability on its balance sheet. Deferred revenue (also called unearned revenue or income) is a liability owed…

5 Key Financial Ratios for Your Construction Business

A working capital ratio is an equation that expands on your knowledge of your working capital. When you know how to calculate it, and what to do to improve it, you can take steps to enhance your business’s liquidity. Money coming into your business increases your company’s working capital. Accounts receivable are the funds you…

Understanding Average Collection Period Formula

Alternatively, check the receivables turnover ratio calculator, which may help you understand this metric. Typically, the shorter your collection period, or the lower your DSO/higher your accounts receivable turnover, the better. A relatively short average collection period means your accounts receivable collection team is turning around invoices quickly and everything is operating smoothly. Longer collection…

Top 10 Accounting Forums in 2025

Moore Global is ranked by the International Accounting Bulletin (IAB) as the 11th largest accountancy network in the world. With over 34,000 professionals across 112 countries, Moore Global has established itself as a leading accounting network. However, many argue that talent acquisition and retention poses an even greater obstacle in today’s market. With growing demand…