Business Finance Terms, Explained Simply.

Learn more about common financial terms here.
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What is a Deemed Dividend?

A deemed dividend is an amount the CRA treats as a dividend for tax purposes even though it was never....

What is the difference between Direct and Indirect Costs?

Direct costs are tied specifically to delivering a product or service; indirect costs support the business overall and cannot be....

What is Department-Level Reporting?

Department-level reporting breaks financial performance down by team, function, or business unit, showing not just whether the business made money,....

What is Deferred Revenue?

Deferred revenue is cash received from a customer for work not yet delivered, a liability on the balance sheet until....