Bad debts are basically bad news. Here, we look at how they occur, how to account for them and steps to try and avoid them. Every business will at some time or another experience a bad debt. The following article provides you with an overview of bad debts.
Asset allocation calculators are increasingly complementing the work of investment advisers by guiding ordinary individuals on how to balance their portfolios. This article shows how they are used.
The issuance of invoices between businesses that exchange products and services has opened the door for numerous beneficial instruments that can improve a firm’s credit ratings. This article focuses on Accounts Receivables as used nowadays.
Succession planning is one of the most difficult processes in business whether they are small enterprises or multinational corporations and this becomes even more difficult in the case of a family owned business. This following article gives some pointers that can apply in family owned firms.
Making an Excel cash flow template is relatively easy task to complete, and can be a useful business tool as it can be used to see exactly what is being spent and what revenue is being obtained. All that is required to produce a template, is basic knowledge of how to use Excel spreadsheets.
Over the last decade, Macintosh computers have become quite popular among users who are seeking high quality machines that produce outstanding output. This article describes some accounting software that can work well in Macs.
The need for liquidity has led to financial innovation between businesses as firms seek ways of remaining profitable. This article briefly describes what a factoring service is and what it involves. Read this article to know more.
All births in the UK must be registered with the Registrar of Births, Deaths and Marriages in the district where the baby is born. In England and Wales, the birth must be registered within 42 days, and in Scotland within 21 days. If you need to obtain a copy of a birth certificate, you must contact either the Register Office where the birth was registered, or the General Register Office (GRO).
Managing your household bills can be difficult, especially when times are tough. There are however some do's and don'ts to follow which will allow you to budget effectively.
Financial management has been a hot topic over the last three years as the global financial crisis debilitated the world's economy. This article describes some of the basic functions that define this important role in organisations that may or may not be profit-seeking enterprises.
Finding an accountant to help to manage your business or personal finances can be a long and gruelling process. While there are many qualified accountants out there, you still have to put into the equation several key factors like the specific services that you'll need and the amount that you are willing to spend in hiring an accountant.
Knowing how quickly sales invoices turn into cash is an important information for the management of any business.
Certified Public Accountants (CPA) is a US qualification in accounting, very similar to the UK and European Chartered Accountant qualification. It is a measure of that person's experience and knowledge of the principles and practices of accounting. It is a requirement for many roles within US financial business areas.
The Institute of Chartered Accountants in England and Wales (ICAEW) supports many thousands of accountants across the world. Members have access to many information resources, local networks and can use the ACA designation. You can join the ICAEW either as a graduate or as a member of another recognised accounting body. This article provides a guide to joining the Institute of Chartered Accountants.
Project accounting is used to determine the financial performance of specific projects within an organisation. It is the process of creating financial reports on a project by project basis. It is also used to ascertain which projects are adding value to the organisation and which are those that can be discontinued. It is a management tool which is used to pin-point the performance of each project. The guidelines to project accounting is outlined in this article.