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  2. Accounts receivable - Wikipedia

    en.wikipedia.org/wiki/Accounts_receivable

    Accounting. Accounts receivable, abbreviated as AR or A/R, [1] are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. The accounts receivable process involves customer onboarding, invoicing, collections, deductions, exception management, and finally ...

  3. Financial services - Wikipedia

    en.wikipedia.org/wiki/Financial_services

    Conglomerates – A financial services company, such as a universal bank, that is active in more than one sector of the financial services market e.g. life insurance, general insurance, health insurance, asset management, retail banking, wholesale banking, investment banking, etc. A key rationale for the existence of such businesses is the ...

  4. List of oilfield service companies - Wikipedia

    en.wikipedia.org/wiki/List_of_oilfield_service...

    This is a list of oilfield service companies – which provide services to the petroleum exploration and production industry but do not typically produce petroleum. In the list, notable subsidiary companies and divisions are listed as sub-lists of their current parent companies.

  5. Product (business) - Wikipedia

    en.wikipedia.org/wiki/Product_(business)

    Product (business) In marketing, a product is an object, or system, or service made available for consumer use as of the consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer. [1] In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw ...

  6. Service (economics) - Wikipedia

    en.wikipedia.org/wiki/Service_(economics)

    Service (economics) A restaurant waiter is an example of a service-related occupation. A service is an act or use for which a consumer, company, or government is willing to pay. [1] Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on.

  7. IBM Consulting - Wikipedia

    en.wikipedia.org/wiki/IBM_Consulting

    IBM (1991–present) Website. ibm .com /consulting. IBM Consulting, rebranded in 2021 from IBM Global Business Services, is the professional services and consulting arm of IBM. [1] It provides services to companies, global government organizations, non-profits and NGOs . It has approximately 160,000 employees [2] globally, with capabilities ...

  8. Revenue recognition - Wikipedia

    en.wikipedia.org/wiki/Revenue_recognition

    The revenue recognition principle is a cornerstone of accrual accounting together with the matching principle. They both determine the accounting period in which revenues and expenses are recognized. [1] According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred ...

  9. Corporate services - Wikipedia

    en.wikipedia.org/wiki/Corporate_services

    A Business Advisory Service counsels clients re the current and future state of their Company, with the aim of advancing the prospects of the enterprise in question.This service, used across various industries, involves (i) examining the relevant legal, tax, financial, market, and/or risk factors, and then (ii) advising re start-up (including company formation), or more common, re ongoing ...