Accounting

3BETTING in PLO One of the most powerful things you can do in PLO. Master 3betting. Benefits of 3b’ing: 1. Isolate yourself with weaker opponents 2. More flexibility and more likely to get in a heads up pot. Remember the more players in the pot the less poker you end […]

When choosing a professional to help you file your income taxes – whether you are an individual or are running a small business – choosing the tax accountant with the right credentials is key. Flipping through the phone book or browsing through online business listings, you’ll likely encounter a veritable […]

Choosing the Type of Business Structure As you start offering catering services, you may notice your income increase overtime, especially when you cater to corporate functions. Of course, this is good news to your business, but all your efforts will be for nothing when the governing authority flags you for […]

At the start of my second year as an executive director of a housing nonprofit, I thought I had prepared well for my first annual meeting until the day of the event when I realized that we had not produced an annual report as required in our by-laws. Since this […]

If it is to be comprehensible and reliable, accounting must be used in accordance with specific rules and regulations. It would be chaos of Babylonian proportions if each person used his own grammar and vocabulary – nobody would understand anybody else. Likewise, it is essential that accounting is used according […]

(1) Definitions – We have to define some terms first: * Accounts Receivable represent amounts due from customers who have purchased merchandise or services on credit and who have agreed to pay within a specified period or when billed * Bad debts expense (synonyms: uncollectible accounts expense) represent amounts from […]

In The Art of the Novel Milan Kundera makes observations that echo Charles Baudelaire’s enraged comments concerning the values of literature in nineteenth century Europe. An embittered Baudelaire writes: “France is passing through a period of vulgarity. Paris: A center radiating stupidity in every direction. Despite Moliere and Beranger, no […]

As a small business, you probably deal with a lot of financial matters on a regular basis. Important decisions must be made on time, and you must invest your time in various daily activities and tasks that have a significant influence on your resources. No wonder, entrepreneurs look for the […]