How do firms choose their operating cycle? How do firms choose their cash conversion cycle? What is the impact of firm’s operating cycle on the size and periodicity of investments in receivables and inventories? How do seasonal and cyclical trends affect firm’s operating cycle, cash conversion cycle and investments in […]
Accounting
The Key Documents of Due Diligence
A final decision to invest in a commercial property is usually dependent on the results of a due diligence analysis. When doctors invest they rely on their team and use a systematic process of investigation into the details of a potential investment, such as an examination of operations and management, […]
Befriend Your Balance Sheet
Balance sheets play a critical role in any business, regardless of that business’s size, age, and industry. They can be beneficial for small businesses too, and that’s the reason many small business owners prepare them. Any company with shareholders needs to prepare a balance sheet, otherwise known as a Statement […]
What is an Equity Broker?
Those who wish to buy or sell shares of stock in publicly traded companies do so by engaging a stock broker. The broker receives a commission, and in some cases, a monthly fee for managing the account. When most people use the term “stock broker” they more than likely are […]
My Estate Includes Probate Fees
When dealing with estates, there are 2 main types of taxes/fees that come up. These are the income taxes and probate fees. These are not the same thing, but the two taxes arrive at the same time – upon someone’s death. This article does not deal with the income tax […]
Insurance Required During Construction Or Conversion of Vessels Or Rigs
1. Builder’s All Risk Insurance: Usually during the contract negotiation stage, when it is as yet unclear as to which party will be accepting which liabilities, which party will be responsible for procuring the insurance and absorbing the deductibles, etc., both parties look more deeply into the breadth of available […]
12 eCommerce Legal Issues to Consider in Operating an Online Business
The following article provides a high-level summary of some key eCommerce law issues online business operators face in running a website or other eCommerce business. Conducting business online or maintaining a website may subject companies and individuals to unforeseen legal liabilities. The following is a brief survey of 12 key […]
Balancing the Accounts and Necessity of Ledger
Balancing the Accounts Whenever it is desired to balance an account, the two sides are added up, and if the totals of the two sides are unequal then the difference is put on the side having lesser total. This will make both the sides equal. The amount of the difference […]