Tag: Business Chinese

The Impairment of Assets in Accounting

Impairment is the estimated loss of value of an asset. There are certain circumstances that reduce the value of an asset that a company has purchased until it is eventually depreciates fully. In general, testing should be performed when there is evidence of impairment.The impairment test is an analysis that must be carried out by […]

Everything You Need to Know About the Income Statement

An income statement, which shows your revenue after expenses and losses, tells a story about the performance of your business over a certain time period, such as monthly, quarterly or annually. Once referred to as a profit-and-loss statement, an income statement typically includes revenue or sales, cost of goods sold, expenses, gross profits, taxes, net […]

5 Basic Financial Ratios and their Chinese Terms

Ratios can be invaluable tools for making decisions about companies you might want to invest in. They are used by individual investors and professional analysts, and there are a variety of ratios to use. Financial ratios are typically cast into five categories: Leverage Ratios Liquidity Ratios Activity Ratios Profitability Ratios Market Ratios The original post […]

What Should you know before buying corporate bonds?

Investors who buy corporate bonds are lending money to the company issuing the bond. In return, the company makes a legal commitment to pay interest on the principal and, in most cases, to return the principal when the bond comes due, or matures. Because of the time value of money, money received today is worth […]

What is PP&E on balance sheet? And how to say those terms in Chinese?

You’ll find PP&E on a company’s balance sheet as non-current assets, and they are Property, plant, and equipment,which are long-term assets vital to business operations and not easily converted into cash. Accounting and Auditing Requirements in Taiwan follow International Financial Reporting Standards (IFRS); and Chinese Accounting Standards in mainland China have few differences from IFRS. […]