We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Sources of revenue for financial forecasting of an organization - Term Paper Example


Extract of sample
Sources of revenue for financial forecasting of an organization

There are two types of accounting systems. The two major accounting systems are accrued and cash accounting. The most commonly used accounting system is accrued accounting. Accrued accounting is used by most public and private corporations. The cash accounting system has its merits and circumstances in which the system is more suitable for application. A cash basis accounting system recognizes income when cash is collected and expenses when cash is disbursed. The cash accounting system is preferable for simple operations that require maintaining a minimum level of cash. An example of a business model in which the use of cash accounting is appropriate is a hot dog vendor. The hot dog vendor depends on the weekly sales in cash to purchase materials to continue operating the next week. People that work in flea markets also should use cash base accounting since their operation deal strictly with cash.
The second system used in accounting is accrued based accounting. Accrued based accounting recognizes revenues and expenses when they are incurred irrelevant of whether or not cash was transferred in the transaction.

Check these samples - they also fit your topic

2,500,000 ?2,750,000 ?3,000,000 ?2,250,000 ?1,600,000 Relevant Fixed costs (?1,150,000) (?1,150,000) (?1,150,000) (?1,150,000) (?1,150,000) Capital Expenditure (?4,250,000) Scrap Value ?425,000 Working Capital (?900,000) (?450,000) ?1,350,000 Cash Flow (?5,150,000) ?
10 pages (2500 words)Term Paper
Comprehensive financial document for a small health care organization
There are quite a few different methods of conducting budgeting process, for example fixed budgets, flexible budgets, zero based budgets, activity based budgets and so on. The method that will be used in this report is zero based budgets and some parts will be based on incremental budgeting principles, The main advantage of Zero based budgeting process is the fact that the previous inefficiencies in the budgets are removed from the equation; a clean slate is used when conducting this sort of budgeting process, it removes the ability of the mangers to provide an incremental rate to be applied to the budgets of the previous years, normally they tend to be higher, thus cost control is inevitabl
2 pages (500 words)Term Paper
Organization Management
The opera trustees were considered to be the financial power of opera. The opera was more financially stable and flexible such as to expand or eliminate projects according to their will. However, the symphony was a much newer orchestra not having much flexibility.
3 pages (750 words)Term Paper
Financial Analysis and Forecasting
7 pages (1750 words)Coursework
Financial Forecasting
Financial Forecasting.Introduction This report is about forecasts of the financial performance of a soft drink company, which will start its operations from January 2013. The forecast relates to the company’s income statement, break even, balance sheet and a monthly cash flow statement for the year ending December 2013.
3 pages (750 words)Essay
Maximizing Revenue
With the approach of modelling or making adjustments via their ‘Salesforce’ and ‘NetSuite’(integrated business management software), certain SaaS organizations manage to discover that there are three avenues of growth which are crucial in determining whether or not SaaS operations within the intended niches would yield optimum figures of revenue.
3 pages (750 words)Term Paper
Personal Income Tax and Revenue Forecasting
The pattern as shown in the past three year’s revenue collection reveals that revenue amount rises each month from the previous month in a large portion of the fiscal year. Also, the revenue collection pattern shows a trend of
5 pages (1250 words)Research Paper
Strategic Plan Part III Financial Plan of Health Care Organization selected in part 1 and 2
This includes the estimation of all expected expenditure based on available information. These estimations must be conducted accurately to minimise possibilities of projects failing mid-way.
7 pages (1750 words)Term Paper
The Use of Forecasting
According to the Laureate Education Inc (2012), expense forecasting is a tool that predicts what an organization will have spent over a specific period of time. In our case scenario, the budget allocation for the computers is $240,000. After a better
2 pages (500 words)Term Paper
Information sources in marketing
It defines them and their purpose in the economy. There are many sources of information on Financial Management. These sources provide data and statistics on the various activities taking place in the financial sector of the economy. Good sources of this information
5 pages (1250 words)Term Paper
Cite this document
  • APA
  • MLA
(“Sources of revenue for financial forecasting of an organization Term Paper”, n.d.)
Retrieved de https://studentshare.org/macro-microeconomics/1415960-sources-of-revenue-for-financial-forecasting-of-an-organization
(Sources of Revenue for Financial Forecasting of an Organization Term Paper)
“Sources of Revenue for Financial Forecasting of an Organization Term Paper”, n.d. https://studentshare.org/macro-microeconomics/1415960-sources-of-revenue-for-financial-forecasting-of-an-organization.
  • Cited: 0 times


Corporations can generate revenues in a variety of ways. The source of revenues that typically generates most of the income is sales revenues. Sales revenues occur when a company sells the primary products or services the firm offers. …
Sources of revenue for financial forecasting of an organization
Read TextPreview
Comments (0)
Click to create a comment or rate a document
Let us find you another Term Paper on topic Sources of revenue for financial forecasting of an organization for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us