Accounting Methods – Cash and Accrual (21 Sep 2006) When starting a business, you have to determine the method you are going to use for accounting and paying taxes. The two choices are the cash method and the accrual method.
Accounting Police: Do They Exist? (21 Sep 2006) Who created accounting principles? Who sets and revises accounting standards? What if you or I don't follow all these rules, do you go to jail? Is there an accounting police force that investigates and arrests violators?
After the latest and accurate help in relation to accountancy. (21 Sep 2006) When you are looking for high-class advice concerning accountancy, it will be hard sorting out the best information from foolish accountancy proposals and guidance so it's best to know ways of moderating the information offered to you.
An introduction to point of sale software (22 Sep 2006) Point of sale software gives business owners a convenient way of checking out customers and of recording sales. It can keep a record of the store inventory, updating it when an order is processed.
Asset and liability basics (21 Sep 2006) If you are to invest in a new business or joining your forefather's business, planning to take some loans ... knowing some basics of accounts becomes mandatory.
How to Reduce Stress in Your Home and Work Environments (29 May 2008) (ARA) - Though stress is a part of life, there are unique, enjoyable ways to reduce stress at home and at work. Stress occurs when the body reacts to change, triggered by events happening directly to you or around you. Although your bodily response can be a positive one -- keeping you alert -- too much stress can be harmful to your health.
How to Stop Waste, Fraud and Abuse (21 Sep 2006) Each year, businesses write-off six percent of revenue to waste, fraud and abuse. But why would managers throw all that hard-earned money away when there is a reliable way to eliminate waste
Internal Control: A Preventive Maintenance Program (21 Sep 2006) in every newspaper in every town in the entire country: Some bookkeeper, trusted by the owner of a small business, embezzles thousands of dollars. If the theft doesn't put owner out of business, it certainly causes a major headache.
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Non-Profit Organizations - What Are They? (21 Sep 2006) According to the "Financial and Accounting Guide for Not-For-Profit Organizations" written by CPAs Gross, Larkin, Bruttomesso, and McNalley, (fifth edition, pg 25) the definition of a these three terms is as follows:
OPTIMISING MANAGERIAL FINANCIAL DECISIONS IN TERTIARY EDUCATIONAL INSTITUTIONS VIA OBJECTIVE BUDGETARY PROCESSES (06 Sep 2007) The budgetary processes in Nigeria have been inflicted with a number of problem. Principally, subjectivity, sub-optimization and de-motivation which are clearly identifiable to date(Agwakhide,1995). Unfortunately, the academic environments of Universities, Polytechnics and Colleges of education are no exception to these problems. As a result of the foregoing, this paper seeks to determine the objectivity of financial decisions through holistic and comprehensive budgetary processes in tertiary educational institutions in Nigeria.
Outside The Box (21 Sep 2006) creativity is valued in art and advertising, but not in banking and accounting. An accounting firm recently ran an ad suggesting that it could think "outside the box." Do you really want your business to be associated with
Surprise! Accounting is the Hot New Major (21 Sep 2006) There use to be a time when accounting was the boring college major that many people regretted signing up for. A constant barrage of numbers, statistics and spreadsheets was none too interesting.
Taxing Overseas Firms for SOX Compliance (21 Sep 2006) The Sarbanes-Oxley Act, also called the Public Company Accounting Reform and Investor Protection Act of 2002 was signed into law on July 30, 2002 by President Bush. In the aftermath of Enron, Arthur Andersen, Global Crossing, and WorldCom, SOX promises greater corporate accountability and transparency.
Understanding Depreciation: It May Be More Simple Than You Think (21 Sep 2006) Depreciation is defined as a portion of the cost that reflects the use of a fixed asset during an accounting period. A fixed asset is an item that has a useful life of over one year. An accounting period is usually a month, quarter, six months or one year.
What Software Do You Need For Your Small Business (21 Sep 2006) knowing where the money is coming from and going is essential to running your business. That's why it is good to find out which small business accounting software is best for you to help you run a well organized and efficient small business.
Why Online Presence Is Essential For Small Business Success (22 Sep 2006) If you are any kind of small business or home operated business, online presence is essential. Majority of web site visitors are from the English speaking population due to the high levels of internet penetration in that category,
