AI-based lending companies use machine learning to help them determine the best loan terms and interest rates and repayment schedule for a given borrower. Through the use of algorithms and alternative data, machines learn and can ascertain, on the spot, the lending risk, hence making allowances easier for lenders on behalf of borrowers for fast […]

The Price/Earnings (P/E) ratio, for example, compares a company’s market value per share with its EPS, providing a broader perspective on the company’s value. A lower P/E ratio might indicate why choose a career in accounting that the stock is undervalued, making it a potential investment opportunity. Earnings Per Share is a critical measure of […]

Ensure that your monthly account balances match, calculate revenue and expenses accurately, and cross-reference your receipts with bank statements. Consider adopting digital accounting software to streamline your financial management. Transitioning to digital software may seem overwhelming at first, so take your time and gradually migrate your financial information to the new platform. Single-entry bookkeeping is […]