Identifying Relevant and Irrelevant Costs
Contracting with other firms to obtain necessary goods and services-a process called outsourcing-emerged as a key management strategy during the nineties. Managers hope to benefit …
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Look Beyond Earnings [Safe Investment Strategy1]
As mentioned on my previous post [How Accounting Could be Used to Inflate Revenue] , valuations are commonly based on earnings estimates. Thus, it is …
Most Used Journal Entries Part 2
Following on my previous post [Journal Entries Most Used by Accountants], here are other journal entries most used by accountants, either they‘re performed on daily, weekly, …
Cool Accounting Quickstudy Reference [Download for Fr,e.e]
From now onward, I am start sharing [consider gift away] freebies for visitor of this blog, in weekly basis. Particularly accounting, financial or taxation related …
Tax Retirement Plans: Individual Retirement Accounts [IRA]
Tax rules on retirement plans are complicated. This helps explain why only a third of small businesses have retirement plans, compared to five-sixths of major …
What Is Benchmarking and How Does It Work?
To keep stay in a business (any businesses), benchmarking is critical. But to be honest, many of us have not realy understand yet; what benchmarking really is …