As detailed in the Management’s Discussion and Analysis (MD&A) of the State of Arizona GAO, the 2007 CAFR provides required supplementary information including budgetary comparison schedules for the general fund and each major special revenue fund, plus a reconciliation of the schedules of statutory and GAAP expenditures for the fiscal year. In addition, a budgetary expenditure comparison schedule for non-major special revenue funds is also provided.
The size of the budget and its interrelationship with the CAFR is that there is a very high relationship between the two. Read more
One of the most important business decisions that can be, and often has to be, made is one regarding the pricing of a particular product or service, since this is what would differentiate a brand from competition. Here are a few tips regarding the various pricing strategies used by Manitoba accountants to give businesses a distinctive edge in the present business scenario.
High pricing strategies
These are basically of two types:
Creaming – This refers to selling a product at a higher price and making sufficient profit before new players come into the picture. Read more
Almost everybody looking to make money online is interested in knowing how currency trading works. Well, currency trading, otherwise known as Forex, deals with the ability to sell and buy currencies online. It is the hugest financial market in the world, with a daily turnover of over $1.5 trillion.
As you may expect, the biggest players in the market are brokers, banks, financial institutions and even some private individuals. Read more
Companies in the Service Industry that offer and sell intangibles are appreciating the need to monitor and evaluate how we use their services after paying for them because it is only when we experience the value from using it that we will buy more. Long ago, their counterparts in the manufacturing, and most tangible sector, discovered that they would sell more when their products were used and not kept on the shelf. Read more