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Category: Bookkeeping

Actuarial Gains or Losses

On the other hand, if the plan experiences an actuarial loss, the plan sponsor may be required to make additional contributions to the plan to ensure that it remains fully funded. This can occur when actual employee turnover is higher than expected, when actual mortality rates are higher than expected, or when actual salary growth
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Could Outsourced Accounting Services Benefit Your Organization?

These services ensure your business maximizes your profits, stays compliant withchanging tax regulations, and retains a positive cash flow. Partnering with an outsourced controller gives businesses many of the same benefits as partnering with an outsourced bookkeeper, but on a more strategic level. Outsourced controllers are experienced accounting professionals who have worked with a diverse
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ABC Analysis : Meaning, Steps, Objectives, Benefits

ABC Classification is no doubt a go-to for any business since it offers a plethora of benefits. However, one of its major limitations is that it is time-consuming and effortful as all your goods have to be divided into three categories based on their value. Often when you don’t know what your products worth or
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