Are Ethics Important For Professional Accountants?

Jack Prot

Ethics in professional accountancy are of utmost importance. Now as the business and financial world is adopting international accounting and auditing standards, it is becoming all the more necessary to adhere to certain Code of Ethics prescribed by international and national accountancy bodies. Before arguing in favour of the topic, […]

Enzyme Nutrition – The Key to Longevity

Jack Prot

Enzymes are long-chain proteins held together in very specific shapes by hydrogen bonds, like a ball of string which is held in a very particular shape by tiny strips of Velcro. If anything happens to the Velcro-like bonds, the enzyme protein unravels, losing its shape. Without the shape, the key […]

Meanings and Importance of Financial Statement Analysis

Jack Prot

All financial statements are essentially historically historical documents. They tell what has happened during a particular period of time. However most users of financial statements are concerned about what will happen in the future. Stockholders are concerned with future earnings and dividends. Creditors are concerned with the company’s future ability […]

Causes and Effects of Deficit Financing

Jack Prot

As we know, the major sources of public revenue are taxes, fees, prices, special assessments, rates, gifts etc., etc. If during a given period of time, the government expenditure exceeds government revenue and the deficit is met by borrowing, it is called deficit financing or income creating finance. In order […]

Significant Market Correction In Progress Now?

Jack Prot

I’ve been long SPX since the September 2010 bottom and an aggressive buyer on pullbacks. Today I exited all long trades and went to 100% cash and then even took on a small short position. My current analysis shows ample reason to conclude that stocks and commodities are in the […]

Subscribe US Now