Learn the core principles, definition, and purpose of accounting, including its role as the language of business, the fundamental accounting equation, and the distinction between financial and managerial accounting. What is Accounting? What is Accounting? At its most basic level, accounting is the process of recording financial transactions pertaining to a business. It involves summarizing, … Continue reading What is Accounting? An Introduction.
Category: Business
To succeed in today’s competitive marketplace, it’s essential to have the right tools and knowledge for business. Our expert tips, advice, and resources provide practical insights into entrepreneurship, marketing, finance, and management. Whether you’re starting a new business or looking to grow an existing one, our comprehensive resources cover a wide range of business-related topics to help you achieve your goals.
How to Deliver a Successful Training Course
Whether you just received an assignment from your boss to develop a training course, or you are a manager that wants to train your staff on specific skills, you may be wondering how to get started. Not all companies have a training staff. And, while most people have attended a training course at some point, … Continue reading How to Deliver a Successful Training Course
Understanding Basic Business Accounting
If you ever wondered what the whole idea of business accounting was all about (but were afraid to ask) now is the time to learn. Most accounting terminology is complicated and scares off those who are not trained in the field. Acronyms and jargon abound, just like in any field, but the basics are really … Continue reading Understanding Basic Business Accounting
Reading an Annual Report
Publicly traded companies are required by law to publish an annual report to their shareholders. Many companies publish quarterly reports as well. Though there is no government mandated format that an annual report should take or the exact information it should contain, custom has developed some standards, and some professional accounting organizations have required compliance … Continue reading Reading an Annual Report
The Income Statement and Investor Information
If you’re an investor, and you are trying to make a determination about the financial health of a business, you would need to read the Financial Statements in order to correctly ascertain this condition. Each year, publicly traded companies are required to publish an annual report; in this report, there are at least three financial … Continue reading The Income Statement and Investor Information
Financial Audits – Basic Tests
Financial audits are intended to provide some assurance to the public that a company’s financial statements are presented fairly and accurately, in accordance with the established or stated criteria. The public may include the shareholders of the company, debtors such as bondholders, banks or other financial institutions and some government entities. In general, a financial … Continue reading Financial Audits – Basic Tests
Accounting Abuses
Understanding accounting abuses.
Job Burn-Out: Have you Reached the Burnt-out Phase at Work?
The faster-pace of living and the increasing competitiveness in finding and keeping jobs are taking its toll on most people. Work stress is highly common in individuals maintaining paying jobs. Demands of the work place can be harmful to the individual both mentally and physically. Stress can bring about depression, anxiety, ulcers, and heart diseases. … Continue reading Job Burn-Out: Have you Reached the Burnt-out Phase at Work?
Stress on the Job: Understanding Work Related Stress
Everyone inevitably reaches a point in their life wherein working has absorbed most of their everyday lives. While the wide range of interests translate to differing lines of work and professions, all of these falls under the paid work category. Paid work is necessary for most people. As individuals grow older, get married or raise … Continue reading Stress on the Job: Understanding Work Related Stress
Sales and Marketing: Why Fast Foods Are So Successful
Today is the era of fast food chains. These food service chains are everywhere and earn hundreds of billions of dollars a year. Americans for one, continue to show their affinity to fast food. According to Lawrence Scholer, a book reviewer from Darthmouth, Americans gulp down millions of pounds of French fries and hamburgers daily. … Continue reading Sales and Marketing: Why Fast Foods Are So Successful
Finding A Literary Agent
If you are an author, one of the most difficult tasks that you will every have to tackle is that of securing a literary agent. It is a given that you will run into a catch 22 when you search for an agent. Many agents will not consider representing a writer unless they have a … Continue reading Finding A Literary Agent
How to Find the Right Consultant for Your Business Project
If you need to hire a consultant for your small business, it can be a daunting task. You may need the services of a lawyer, an accountant, a software designer, a graphic designer or a network engineering company. Or maybe you just need a trainer for a week to teach your staff better customer service … Continue reading How to Find the Right Consultant for Your Business Project
