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McKayla Girardin

McKayla Girardin is a NYC-based writer with Forage. She is experienced at transforming complex concepts into easily digestible articles to help anyone better understand the world we live in. McKayla received her B.A. in Political Science and Russian from Bates College in Lewiston, Maine — her hometown. Outside of her professional writing, she loves writing poetry and short fiction.

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What Is EBITDA? Definition and Formula

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. Finance professionals can use details reported on annual financial statements to determine a company’s profitability using EBITDA. In general, EBITDA looks at how much money a company makes before expensing taxes and interest without considering the depreciation of assets.  In this guide, we’ll cover:  EBITDA …

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What Is an Asset? Definition and Examples

Assets are resources that either an individual or a company uses. For example, someone’s personal assets may include their work experience or a life insurance policy. On the other hand, a business’s assets are things the company can use to generate revenue.  In this guide, we’ll go over:  Asset Definition An asset is generally any …

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The Accounting Equation, Explained

The accounting equation is a principle in accounting that says that a company’s assets must be equal to its liabilities and equity. This equation relies on the double-entry system of accounting, where every transaction results in positive or negative changes to at least two of these accounts: assets, liabilities, or equity. In this guide, we’ll …

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What Is Revenue? Definition and Formula

Revenue shows how much a company makes from selling goods or services. Revenue, or income, is found on several financial statements and is used by finance professionals to determine profitability. For straightforward business models, calculating revenue is fairly simple. But, the more complex the business, the harder it is to determine income accurately.  In this …

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How to Calculate Profit Margins: Definition and Examples

Understanding how to calculate profit margins is a core responsibility of accountants and many other finance professionals. Profit margins are an easy way to determine if a company is profitable and can inform investing decisions and help with crafting budgets.  In this guide, we’ll go over:  What Is a Profit Margin? A profit margin is …

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15 Accounting Interview Questions and Answers

Accounting interview questions often include knowledge-based and technical questions designed to ensure you have the skills needed to succeed as an accountant. To get you interview-ready, we’ve gathered some of the most common accounting questions and answers for interviews.  In this guide, we’ll cover:  Questions About Your Accounting Background Like most interviews, accounting interview questions …

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Top Accounting Skills for Your Resume

Essential accounting skills include strong attention to detail and an understanding of financial statements. Your resume should reflect your in-depth knowledge of accounting principles, as well as your reliability and adaptability, to show you have what it takes to succeed as an accountant.  So, what skills do you need for an accounting career and resume? …

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Actuary vs Accountant: What’s the Difference?

An actuary reviews data to calculate risks, typically for insurance premiums or business decisions. On the other hand, an accountant compiles and reports financial information for things like taxes, year-end statements, and budgeting.  While the careers have many overlaps — both review financial data and help companies make decisions — there are significant differences between …

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A Beginner’s Guide to Technical Analysis

Technical analysis is the practice of predicting the future using historical price and volume data. Using principles set out by Charles Dow in the late 1800s, technical analysis involves finding patterns and forecasting future prices. While that may seem confusing, it is fairly straightforward in concept.  In this guide, we’ll go over: What Is Technical …

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