Accounting

‘He doesn’t really want to share the care of the kids; he just wants to get at me!’ ‘She doesn’t see what this is doing to the kids; we don’t communicate any more…’ ‘We were doing fine with sharing the kids’ care till I re-partnered…’ Familiar words from separated or […]

Warren Buffett, the mastermind of the world of investments, believes that the “Owners Earnings” is a true measure of valuation of a company. He believes that free cash flows of the company determine the wealth that is attributable to the shareholders of the organization who are in reality the owners […]

Asset management software applications that are connected to an enterprise wide network or the Internet are referred to as online asset management applications. Connecting these applications to a network offers several benefits. In case of online asset management applications for manufacturing companies, trans-receivers are embedded in critical pieces of equipment […]

“After heavy financial crunches in the economy, for a corporate entity, it is quite significant to have a perfect blend of various capital sources to ensure good returns and overcome from the depth of losses.” Here, some crucial terms have been defined with reference to the financial system of a […]

If your debts are too high but pride prevents you from seeking protection under Chapter 7 bankruptcy then Chapter 13 may be the option for you. Whereas Chapter 7 allows you to start with a clean slate, Chapter 13 is a repayment plan supervised by the court. If you fall […]

People hear the word “estate” and think that end of life financial planning is just for the extremely wealthy. They could not be more wrong. The extremely wealthy have the knowledge to surround themselves with attorneys and accountants that shield them from the perils of an improperly planned estate. The […]

A negatively geared rental property is a great way to reduce your tax, but some do not take full advantage of the tax deductions available. I have compiled a list of seven ways to maximise your deductions and get the most out of your property: Try and arrange an interest […]

Legal ownership is not the only criterion for classifying something in accounting terms as an asset; for instance, someone buys an item on hire purchase but does not become the owner of that item until the full purchase price has been paid. Nevertheless, the item is still recorded as an […]