What Your Top Line Can Tell You

What Your Top Line Can Tell You

In Corporate America we have learned that the bottom line is what matters. The first instinct of many business owners when they receive their financial statements is to look at their bottom line, their profit. But what information can your top line, your sales figures, give you?

Paul J. Lim states in Why Sales Matter More Than Profits, “Forget that profits can always be touched up to make things appear brighter than they really are. Read more

What Are Accountancy Services?

What Are Accountancy Services?

When you talk about accountancy you need to understand that it is the communication of financial important information. This financial information is very important and beneficial for people managing businesses, managers of big businesses and shareholders and without access to such information they would not be able to make any firm decisions about their business. Accountancy services include the financial information in the form of statements that show the amount of financial resources that are available. Read more

Overview of Capitalization Policies for Fixed Assets of a Corporation

Overview of Capitalization Policies for Fixed Assets of a Corporation

    The Importance of Fixed Assets Capitalization Policies

     

    A set of capitalization policies for fixed assets in a business organization is important in order to maintain consistency in the valuation treatment and control of all assets acquired through all the years of its operation as a going concern.

    Creating a set of policies in accordance with the applicable capitalization rules and regulations prescribed by the Internal Revenue Service (IRS) and the Securities and Exchange Commission (SEC), can lessen the occurrence of non-conformity to accounting and reportorial requirements. Read more

Horizontal Versus Vertical Analysis: Both Together Provides a Larger Picture

Horizontal Versus Vertical Analysis: Both Together Provides a Larger Picture

    When it comes to comparing horizontal analysis versus vertical analysis, one must keep in mind that they are contrasting approaches in financial statement analysis but together they help bring clarity and more impact to some items and relationships that might have been overlooked.

    Vertical Analysis

    Vertical analysis shows each account on financial statement in dollars and as a percentage of another item. Read more

Common Mistakes Made By Property Investors

Investing in property market has always been a popular option because of its lucrative returns. If you are new to property investment and are not aware of exactly what is required, be prepared for some hard work. It is because any of the following situations can conspire to make things a lot harder for you:

1. Interest rate changes (i.e. you should consider factoring in a rate rise of at least 2 per cent into your repayments);

2. Fluctuations in supply and demand (i.e. Read more

Benefits Of Getting Monthly Personal Loans

Benefits Of Getting Monthly Personal Loans

In the event that you require money to purchase properties, hardware, supplies, and contract representatives, taking out monthly personal loans are the best arrangement. It can be utilized for surprising costs like doctor’s visit expenses and occasion livelihoods. It has numerous reasons like home change venture, wedding, therapeutic crisis or another cause. Read more

How To Avoid Filing For Bankruptcy

How To Avoid Filing For Bankruptcy

Many consumers out there consider debt as a way of life. So overwhelming can it be sometimes that, bankruptcy appears to be the only answer. Because of the negative effect on your credit score, it is wise to consider ways to avoid filing bankruptcy. Once you find a bankruptcy alternative that saves your credit, I will wholeheartedly ask you to take it, even if it will require more time or stay a little longer or cost you more to get rid of your debt.

Be careful, and make sure you avoid filing bankruptcy if you can sell your assets. Read more

Traditional IRA Investment

Traditional IRA Investment

When you want to talk about retirement dont forget to talk about the income factor too. Where will the money come from, how will you manage things, will things ever be the same after retirement and so on. There is a solution to this problem, the IRA Investment. No doubt the most profitable and secure investment you can go for.

An IRA (Individual Retirement Accounts) is as far as saving is concern its a great retirement investment. Read more

How to Search For the Best Business Banking Account

How to Search For the Best Business Banking Account

Business banking is a lot different than a personal checking account that you might have. Those who own their own companies need to ensure that they have the best business banking account that they can rely on. Use these great tips to find out how to search for and open your brand new business bank account! Signing up takes less than 20 minutes and you are all set up!

The bank that you are looking into needs to be reputable and secure. Read more