Accounting

So, you have finally graduated after years spent working your way through school, and you are now ready to begin your career and are on your job hunt. Congratulations! Now, you want to know how to write a resume, and I am here to tell you that there are many […]

401k Audit is no less an exception which is complex for the people who are not familiar with it. Federal Government has stated some rules and regulations that are mandatory for both 401k plans, other retirement plans, and employer as well. The word “audit” whenever cited; raises questions and discomfort […]

I had a discussion with few people in the accounting profession, and it was about Journal Entries. When they started to talk about how the Journal Entry should look like, they seemed kind confused about Debit and Credit. Some people in the accounting profession try to ignore the fact that […]

Leasing is an old method of financing which is now gaining popularity almost in whole world. Legally, the lease contract is not a sale of the object, but rather a sale of the usufruct (the right to use the object) for a specified period of time. Under it, there are […]

Answering a complaint with alter ego allegations in California is the topic of this article. The allegations are also known in the legal field as corporate veil piercing allegations because they are used to “pierce the corporate veil” and have a court disregard the corporate entity, which will allow a […]

A balance sheet may be defined as “a statement prepared with a view to measure the exact financial position of a business on a certain date. “It is prepared from the trial balance after all the balances of nominal accounts are transferred to trading and profit and loss account and […]

Introduction Information technology has influenced all walks of our lives over the last few decades in a tremendous manner with the Tourism and Travel sector being one of the chief beneficiaries. The introduction of computers can be traced back to the early 60’s when the vacuum tube was the primary […]

Back in the ’80s and ’90s, going lean (also known as cutting the fat, downsizing, rightsizing, getting competitive and any number of other pathetic euphemisms) meant getting rid of that which companies claim are their most important resource: people. However, today, for small and medium sized business (SMB) manufacturers, going […]