Budget Made Easy With Accounting Apps

Businesses of all size prepare a budget so that they can assess the past performance as well as the present conditions so that optimal way ahead can be ascertained. In the budget, the organization makes its assessment of the revenues that are to come and ascertains the expenses that can […]

IRACIS – A Roadmap to Business Intelligence ROI

So often when companies are considering a business intelligence project or software purchase, a question arises that seems to stump everyone involved. “Where is the ROI in this project?” This question has stopped many a business intelligence project in its tracks. Maybe it’s asked by the CFO or CEO. Maybe […]

Why Should I Hire an Accountant For My Business?

A lot of businesses go through bankruptcy and liquidation due to their improper accounting practices. An accountant plays an important role in an organization since money management is one of their key roles in addition to keeping proper accounting records for each and every activity. The reasons why a business […]

Categories of Ethical Dilemmas in Business

Irene L. Joffman

First published in Exchange, the magazine of the Brigham Young University School of Business, the following twelve categories were developed to cover the root or cause of most ethical business dilemmas that one might encounter in their jobs. I have summarized them to keep them short and simple. 1. Taking […]

How Important Is Business Accounting For Your Business

Irene L. Joffman

All firms need to handle bookkeeping chores. All companies have accounts payable and receivables. All companies have liens and contracts that have financial workout which amount to keeping of books of accounts. For small business accounting there is lesser need of an accountant. Then there are financial accountants and tax […]

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