Break-Even Analysis: What It Is and How the Break-Even Point Is Calculated| Accounting Series | CLFI

Learn what break-even analysis is and how the break-even point is calculated in sales, units, and price with clear formulas and examples.

What Is Goodwill in Accounting and M&A? Definition and Example | Accounting Series | CLFI

Learn what goodwill is in accounting and M&A, how it is calculated, and why buyers pay more than net assets during acquisitions.

Tangible vs Intangible Assets: Definition and Difference | Accounting Series | CLFI

Learn the difference between tangible and intangible assets, with definitions, examples, and how depreciation and amortisation affect the balance sheet.

Accrued and Deferred Income Explained | Accounting Series | CLFI

Understand the difference between accrued income and deferred income, how they affect the balance sheet, and why these adjustments matter for accurate profit measurement and cash-flow forecasting.

Accruals and Prepayments: Definition, Uses and Examples | Accounting Series | CLFI

Learn the meaning of accruals and prepayments in accounting, their uses, examples, and how they affect the income statement and balance sheet.

Accumulated Depreciation vs Depreciation Expense: Definition and the Difference | Accounting Series | CLFI

Learn the difference between accumulated depreciation and depreciation expense, how they appear on the balance sheet and income statement, and whether each is a debit or credit.

General (or Nominal) Ledger vs. General Journal: What’s the Difference? | Accounting Series | CLFI

Learn the difference between the general ledger and the general journal in accounting, with clear examples and step-by-step posting logic.

Double Entry in Accounting: Definition & Example | Accounting Series | CLFI

Understand double-entry bookkeeping: definition, debit/credit rules, a simple example, and how journals become statements. Includes a clear exercise.