Currency Position

Jack Prot

Banks are involved in foreign currency operations. When buying / selling them, an asset (requirement) is formed in that currency and there is a liability (obligation) formed in another. Therefore, banks have demands and liabilities in several different currencies which are heavily influenced by currency exchange rates. The likelihood of […]

Accountancy Can Provide Varied Challenges

Jack Prot

The recovery of the UK economy is making accountants and tax advisors more sought-after and this could tempt people considering which career path to take. One hurdle in the way of getting into the popular sectors could be the skills and qualifications which people need to secure a position. So […]

Mental Equity

Jack Prot

Simply stated; everything we experience is attached to an emotion and combined with one or more of our 5 senses and stored in our memory. Every one can recall smelling a scent you have not smelled in a while and it immediately takes you back to a picture and an […]

The Pink Sheets Guy

Jack Prot

I finished collage in the early 80’s which I suppose makes me a dinosaur, but a dinosaur with memories at lest. One of the memories I took away from collage, which I didn’t fully comprehend until the last five years, was the mantra of one of my economic professors who […]

Banking Funds Steal the Mutual Funds Show

Jack Prot

The mutual funds in India finally had a good month, in July, mirroring the trend in the broader markets. During July, the Sensex rose to 14,355 from 12,961 after a very bad June. When you compare mutual different fund categories, the equity mutual funds had a good run, particularly the […]

How Many Times Can You Retake the CPA Exam?

Jack Prot

The CPA exam measures your knowledge of public accounting principles, and is made up of four parts: Financial Accounting and Reporting (FAR), Auditing and Attestation (AUS), Regulation (REG), and Business Environment and Concepts (BEC). You must complete and pass all four sections to earn your license and become a CPA. […]

Benefits Of Asset Management Software

Jack Prot

Asset management is the processes of planning, designing, and implementing advanced systems in managing a company’s assets. It controls and increases the efficiency of the assets owned by an organization. It includes management of a company’s infrastructure, plant, property, and human resources. The various components of assets may vary according […]

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