Travelling is one thing that you may find common in everybody’s hobby nowadays. In fact, it is a passion for many. People are getting busier and stressed out with each passing day. And traveling is the only thing that can help them to cut off from their busy schedules and […]
Top Advantages Of Efficient Small Business Accounting
Like it or not, efficient small business accounting only happens when it is done by a professional. This may seem very one-sided – leaning towards the side of accounting firms – but this statement is true. There are a number of benefits which spring from this action. The most famous […]
Comparison Between Manual and Computerized Accounting
Accounting is a fundamental slogan of every business. Without the accounting practice, it is difficult to be effective in your business. Its basically helps you to monitor the transactions happening and make sure that all the expenditures are meaningful. Accounting helps you to reduce the unnecessary expenses and increase the […]
Call Accounting for VoIP and Analog Communication Systems
There was once a time when there were no telephones, facsimile machines, personal devices, computers or the Internet. Today most people cannot phantom such a primitive existence. Communication is the link that allows our world to function at its torrid pace. Business must continually adopt modern technology to successfully compete […]
The Impact of Globalization on Management Accounting
With a movement towards globalization approaching, the change brought on by it can change how companies in the U.S. view their accountants. First, there are two types of accountants, financial accountants and managerial accountants. A definition of financial accounting, taken from Merriam-Webster, is the systematic analysis of information about the […]
FASB Proposed Lease Accounting Changes – Impacts on Commercial Real Estate
Introduction: The Financial Accounting Standards Board (FASB) on August, 17, 2010 released their “exposure draft” requiring companies to record nearly all leases on their balance sheets as a “right to use” asset, and a corresponding “future lease payment – liability”. What does this mean to your business in layman terms? […]
Small Business Accounting 101
If you are in business, then guess what – you are either an accountant by default or you need to hire one. Why? People ask that question while letting the year roll by until taxes come due. Oh no! Why do I have penalties? Simple, you are not an accountant […]
Small Business Accounting Basics
When it comes to accounting, many small business owners think it’s boring and unimportant. They’d rather focus on things they think are more critical to their business, such as product development, marketing, etc. However, as a matter of fact, accounting is a very important factor for a small business to […]
Business Mindset Vs Technical Mindset
If you’re working in two different worlds, you might find a complication between the ways business is ran and the way things work in the technical world. For example, computer programmers and math geniuses aren’t savvy to business mindset principles because they focus on the rational and explained ideals of […]
World Agriculture Must Become More Sustainable
Sustainable agriculture is an issue that many environmental scientists started pondering in recent years. The reason it is so vital is because food is something that people need for physical survival on this planet and agriculture directly deals with how to produce it. Nevertheless, there is a misconception that sustainable […]