Accounting

For a homeowner who is trying to save their home and stop foreclosure any solution is a good solution. Unfortunately desperation may not be allowing them to see things clearly. There are foreclosure solutions out there that are scams and can leave you with no home at all or simply […]

The great availability of IT solutions and the variety of software tools available to businesses nowadays has made the IT consultant profession essential and much sought after. A good information technology consultant offers the know-how and the experience necessary to help customers devise the best possible IT infrastructure for their […]

Inventory purchased by head office and sent to branches for them to sell can be invoiced to the branch at cost price or at an amount above cost (usually a fixed retail selling price). Invoicing the goods sent by head office to the branches at cost reduces head office inventory […]

On November 1, 2005, the Federal Reserve Bank [Fed] raised interest rates one quarter of a percentage point. Since Summer 2004, outgoing Fed Chairman Alan Greenspan has been raising interest rates on a regular basis since hitting its low point of just 1%. Now at 4%, Greenspan is expected to […]

In a company’s IP portfolio, there can be a wide range of patents, copyrights and trademarks. But, majority of these IP assets don’t match with business plan and market demands, and cost the owner thousands of dollars in the form of maintenance fee, attorney fee, etc. Moreover, the most promising […]

Recessions always seem to result in an increase in the number of people starting businesses. This is a good thing. At the same time, the internet seems to have exploded with the number of people claiming to be experts at Entrepreneur advising or consulting. This article has been written as […]

For over the past decade, there has been a growing demand in the corporate world for U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to converge to form one set of universal accounting standards. In 2002, members of the Financial Accounting Standards Board (FASB) and members […]

Preparation of tax returns should be done very cautiously, because the tax payer is responsible for each and every word written on the tax return even though it is prepared by a professional. The preparer should be able to provide you with practical and convenient tips for tax saving. You […]