What are the Different Costing Systems for Various Types of Business

What are the Different Costing Systems for Various Types of Business

    Introduction to Costing Systems

    In looking at the question of what are the different costing systems, it is necessary first to look at the systems that capture the information on costs, and then at the alternative ways of analyzing the costs, so as to produce useful information for management or for other parties who are interested in the costing.

    Systems such as process costing and job costing, capture the costs as they are incurred and relate them to particular tasks or processes. Read more

Cool Ways To Supplement Your Income

Cool Ways To Supplement Your Income

The economic downturn has really turned American creativity into high gear. So many people have been fired, but many of them equally know it is difficult to find a job in the existing environment. Many of these people have therefore started to find creative ways to make money to support their families. Below we will help provide you with a few cool tricks so that you can make some money on the side. Read more

Tips On Forex Education In Malaysia

Tips On Forex Education In Malaysia

To gain success in any business, among the things you need to have or do without getting tired include learning, persistence and dedication. Forex trading is not an exception. Research shows that close to 95 percent of the people who join this market usually fail to be successful, or they end up losing a lot of money in their trades. Read more

Checking Account For Your Business

Checking Account For Your Business

If you are looking for a checking account that is solely for your business and not for your individual or personal use, then you may be interested to know that you can know open a checking-account for your business that you can manage online.

A lot of the larger financial companies just used to be more interested in checking-accounts for the larger companies. But there is just as much profit to be made with the checking-accounts of small businesses too.

As every business is slightly different so are the checking-accounts. Read more

An Ex-mortgage Brokers Point Of View

The market crashed in 2007, I know I felt it, that was the year I had to close down my Mortgage Company. I know that many Mortgage Brokers out there, (Correction: Ex-mortgage Brokers, because today we are almost non-existent, thank you Wall Street Gurus.)

Anyway, I know that the mortgage professionals were also the ones to suffer, we lost our livelihood and yet, we were the ones to be blamed for it. Funny how things turn out. Now, I am not saying there were all good brokers, just like there are bad cops, bad teachers, bad bankers and so forth, there were also bad brokers. Read more

Are You a Working Capital Whiz? Find Out

Are You a Working Capital Whiz? Find Out

     

    Working capital is a key financial concept, which almost works around the acid test ratio of comparing the proportion between current asset and current liabilities. However, under this liquidity measurement, current assets include only the cash and its most liquid equivalent, namely, accounts receivable and short-term investments. Read more