Michael Taillard

Kenneth W. Boyd has 30 years of experience in accounting and financial services. He is a four-time Dummies book author, a blogger, and a video host on accounting and finance topics.

Articles & Books From Michael Taillard

Accounting All-in-One For Dummies (+ Videos and Quizzes Online)
A complete and easy-to-follow resource covering every critical step of the accounting processLearning to love the language of business is easier than you think! In the newly revised Third Edition of Accounting All-In-One For Dummies with Online Practice, finance expert Michael Taillard walks you through every step of the accounting process, from setting up your accounting system to auditing and detecting financial irregularities.
Corporate Finance For Dummies
Get a handle on one of the most powerful forces in the world today with this straightforward, no-jargon guide to corporate finance A firm grasp of the fundamentals of corporate finance can help explain and predict the behavior of businesses and businesspeople. And, with the right help from us, it’s not that hard to learn!
Cheat Sheet / Updated 12-07-2021
Corporate finance is the study of how groups of people work together as a single organization to provide something of value to society. It’s the job of those in corporate finance to manage the organization so that resources are efficiently utilized, the most valuable projects are pursued, the corporation can remain competitive, and everyone gets to keep their job.
Article / Updated 03-26-2016
Securities firms provide transaction services related to financial investments, which are quite distinct from the services provided by traditional depository institutions. However, many commercial banks have separate departments that offer the services of securities firms, and others actually merge or partner with securities firms.
Article / Updated 03-26-2016
Two types of comparisons utilize data from both the vertical and horizontal analyses, producing cross comparisons. The horizontal common-size comparison does a lot to help you understand changes in a corporation’s finances over time by comparing financial reports from several consecutive years. Vertical comparisons, by contrast, tell you how efficiently corporate value is being allocated and utilized.
Article / Updated 08-02-2022
Everything that makes up a corporation and everything a corporation owns, including the building, equipment, office supplies, brand value, research, land, trademarks, and everything else, are considered assets. Believe it or not, when you start a corporation, that company’s assets aren’t just included in a Welcome Letter; you have to go out and acquire them.
Article / Updated 03-26-2016
Corporate finance plays a very interesting role in all societies. Finance is the study of relationships between people: how they distribute themselves and their resources, place value on things, and exchange that value among each other. Because that’s the case, finance (all finance) is really the science of decision-making.
Article / Updated 03-26-2016
Insurance companies are a special type of financial institution that deals in the business of managing risk. A corporation periodically gives them money and, in return, they promise to pay for the losses the corporation incurs if some unfortunate event occurs, causing damage to the well-being of the organization.
Article / Updated 03-26-2016
Corporate finance is the study of relationships between groups of people that quantifies the otherwise immeasurable. Take a look at the role of money in the world to understand how this definition makes any sense at all. According to Adam Smith, an 18th century economist, the use of money was preceded by a barter system.
Article / Updated 03-26-2016
Financing institutions are kind of like banks in that they lend money, but they’re a bit different, too. First of all, they tend to give different types of loans than banks do. Secondly, they get their funding by borrowing it themselves instead of through deposits. They earn a profit by charging you higher interest rates than they’re paying on their own loans.