Business

For anyone with 12+ Weeks to diet the answer to fat loss would be to eat a healthy 40-40-20 macro ratio diet at about a 1000 calorie deficit in order to lose about 2 lbs per week. But you don’t have 12 weeks to shed that last layer of body […]

Accounting is a system of financial reporting that identifies, records, and communicates the economic events of an entity. What does this mean? Identify: An accountant needs to be able to identify if an event is relevant to the accounting requirements of an entity, and whether or not it can be […]

Retained Earnings concept is one of the main accounting terms, which is essential if we want to understand the structure of the balance sheet and financing means by which assets of a business are being financed. This article will explore this accounting term and practical example helping to understand this […]

To run your business efficiently you have to have a seamless communication system which helps in offering best in class customer service to the customers. You should be able to get timely updates, calls and notification of any development related to the product, service, dispatch & delivery, order generation, enquiry, […]

I was a freshly graduated Accounting degree holder when I saw Monty Python’s great comedy skit: Man to career counselor: “I’m an accountant, but I want to change jobs.” Career counselor: “Why?” Man: “Accountancy is boring, boring, BORing, BORING!, boring, bor . . . ING!” Career counselor to the man: […]

Directors and manager need to be aware of the interests of stakeholders in governance, however their responsibility towards them is judged. Governance reports have emphasized the role of institutional investors (insurance companies, pension funds, investment houses) in directing companies towards good corporate governance. Stakeholders are any entity (person, group or […]

Failures Within the COSO Framework Community In 1992, COSO released its original COSO Internal Control – Integrated Framework. This framework was in response to the requirements of the 1977 U.S. Foreign Corrupt Practices Act. The framework’s stakeholders have raised the following issues in their comments to the draft COSO 2012 […]

They say there are only 2 things that are certain in life: death and taxes. The funny thing is many people have the same feelings about both of them. I can’t do much to help you get over a fear of dying, but I can certainly take a little bit […]

Introduction The concept of corporate governance, which emerged as a response to corporate failures and widespread dissatisfaction with the way many corporates function, has become one of the wide and deep discussions across the globe recently. It primarily hinges on complete transparency, integrity and accountability of the management. There is […]

Discover Why RNOA (Return on Net Operating Assets) Is a Better Way to Analyze Than ROE (Return on Equity) Everybody uses ratios to analyze the performance of a company. This includes the CEO’s or the Chief Executive Officers, the CFO’s or the Chief Financial Officers, the financial managers, accountants, and […]