• Insight
     -  Ramu I.
    February 16, 2015

    Managerial accounting is one of the two important divisions in the world of accounting, with the other one being financial accounting. Financial accounting focuses on the creation of basic accounting …

  • Insight
     -  Rasel T.
    June 15, 2014

    Every business has their unique mission and objectives. To fulfill these objectives top executives or small business owners try to figure out what actions to take on a daily basis. Budgeting plays a …

  • Insight
     -  Ramu I.
    February 19, 2015

    Even if you run a small business with only a handful of departments, it is always a good idea to draw up departmental budgets in order to help keep your business on sound financial footing. Reviewing …

  • Insight
     -  Susmita B.
    December 05, 2014

    By examining the profitability of a business, can you tell whether the business has good cash flow? As it turns out, a profitable business may or may not have a good, positive cash flow. Profit is …

  • Insight
     -  Rasel T.
    June 21, 2014

    Business managers grow their business by improving the quality of their products and services which leads to increased sales.  When sales increase, expenses increase as well due to increased …

  • Insight
     -  Rasel T.
    June 16, 2014

    We make decisions about money throughout our lives. A business may want to purchase a new piece of machinery, a student may require a loan to continue his education, a job holder may need to save …

  • Insight
     -  Dimitrios Matsoulis
    August 03, 2015

    Freelancing is becoming one of the dominant forms of work. 50 million Americans (out of a working population of 200 million) choose to work as freelancers in full or part time mode. One side of …