Innovations in technology have catapulted the financial district into a global market. Globalization has had a great influence on the way companies do business. Companies are not only responsible for being aware of information that involves consumers in their own backyard, but also for understanding consumer culture, as well as economic, political and legal structures that exist in other countries. […]
Financial management decisions are divided into the management of assets (investments) and liabilities (sources of financing), long-term and short-term. It is common knowledge that the value of a company cannot be maximized in the long term unless it survives in the short term. Businesses fail more often because they cannot meet their working capital needs; therefore, good management of working […]
Which is better, a lease or a loan? This is a question that comes up all the time, and frankly, one is no better than the other. A lease and a loan are actually very similar in that they are both a means of financing the purchase of equipment. That said, a loan is often viewed as a method of […]
Forex market If you are planning to trade on the Forex market, you would definitely need Low Forex Spreads. These are typically referred to as fee structures for brokers. They are generally implemented to protect the account holder and provide a means to calculate his/her profit and loss accordingly. Even though there are numerous types of Low Forex Spreads in […]
Retirement is complicated, one day you feel good because you will finally relax, and the other day you feel worried about your finances. But people who plan for retirement in advance may have little or nothing to worry about. Planning for retirement is an ongoing process and you would have to try to anticipate things. Although, no one can predict […]
Best Mortgage Advisers In order to find the best mortgage advisers in London, you have to make sure that you know exactly what you are looking for. It is best to stick with a firm that has been in business for many years as this means you are less likely to be ripped off by a company that is new […]
The accounting records of many smaller nonprofits, such as clubs, cultural societies, and small businesses, are often maintained using a single-entry accounting system. However, the details of the financial activities of such organizations and companies are available in different documents such as bank statements, invoices, accounts, salary sheets and minute books. There are two major disadvantages to these incomplete (not […]
Many people who invest are confused about a common term on the balance sheet called retained earnings. Retained earnings are below equity and ARE NOT cash. Many people think that retained earnings are cash because the formula for retained earnings is net income minus dividends paid. People think this leaves only cash, but that is not entirely true. Retained earnings […]
Many years ago, the great John Paul Getty, who once held the title of being the world’s rich man, made the statement “Rent what you appreciate – Buy what you appreciate” as a basic philosophy that businesses should follow. prudent. Most of us in the leasing industry keep the statement in our arsenal as a method of convincing companies to […]
There are two sets of accounting rules accepted for international use: the US standards called Generally Accepted Accounting Principles (GAAP) and the international standards known as International Financial Reporting Standards (IFRS). The first is developed by the Financial Accounting Standards Board (FASB), whose power is derived from the United States Securities and Exchange Commission (SEC). The second is developed by […]
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