Rajat Jethi

A favorable net working capital ratio is 1.5 to 2.0, depending on the industry the business is in. Therefore, to adequately interpret a financial ratio, a company should have comparative data from previous periods of operation or its industry. And then, we need to find the difference between the current assets and the current liabilities …

Working Capital: Formula, Components, and Limitations Read More »

Sage Intacct offers flexible and scalable solutions that help oil and gas businesses manage everything from revenue recognition to multi-entity reporting. Its modular architecture allows companies to add functionalities as they grow, ensuring that the software evolves alongside the business. Regular, comprehensive impairment testing based on IAS 36 or the relevant GAAP guidelines is crucial. …

Oil and gas accounting: frequently asked questions from the industry Read More »