BACK-OF-ENVELOPE CALCULATION – Finance Jargon
A back-of-the-envelope calculation is a rough estimate made quickly using simplified assumptions and approximations. This type of calculation is typically […]
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THE VOCABULARY OF ACCOUNTING – A
Below you’ll find a handful of accounting terms with their definitions and translations into Polish. Also try to do the […]
BALANCE SHEET – English for ACCA
As an accountant, financial manager or financial analyst you need to know the components of financial statements, among which BALANCE […]
Depreciation and Amortization
DEPRECIATION VS. AMORTIZATIONWhen do accountants use the term ‘depreciation’ or ‘amortization’? When they talk about different types of fixed assets (fixed – assets which are […]