Low Return-on-Asset Ratio It is always important for management to monitor all of the company’s finance, including income as well as expenses on a regular and frequent basis to make decisions on where to invest the company’s funds. A...
Read moreIs a Current Account Deficit Harmful?
Recently the US the current account has reached an unprecedented level, reaching nearly 6% of GDP. Despite the record levels of deficit many in the US administration have argued that there is nothing to worry about, confident the US will continue...
Read moreShort Essay on Comparative Advantage and Trade
The principle of free trade is based on the law of comparative advantage. The law of comparative advantage states that if countries specialise in producing what they have a relative advantage (lower opportunity cost) then there will be a net gain...
Read moreCash Management – How to Prepare Daily Cash Position Report – Part 2
If your company maintained 2 or 3 banks for payment processing, we have to modify a little bit of the technique so that we can control effectively all the bank’s accounts and at the same time manage to earn extra income by carefully invest...
Read moreCash Management – How to Prepare a Daily Cash Position Report – Part 1
As I have mentioned earlier, cash flow report is a very important report that every business owner or entrepreneur must be able to analyze so that they can plan for their next move in business. Almost all business gurus and academicians have...
Read moreThe Art of Financial Management
Understanding finance has become an essential nowadays. Wherever you go, whatever you do you must always have the art of financial management. Gone are the days when finance and business meant only for businessmen alone. With the evolution of...
Read moreLED Strip Lights and Light Therapy
Light is not just for furnishing our homes. It can also serve remedial purposes. The most notable example is ‘light therapy.’ Light therapy is a form of alleviative treatment where patients are exposed to specific wavelengths of...
Read moreWhy Should People Become an Accountant?
Why should people want to become and accountant? Throughout this article I explain the importance and the benefits of being an accountant, and answer the question why people should want to become and accountant. Getting an accountant degree is...
Read moreAre You A Slave To Money?
If you have ever done something or gone somewhere you did not want to, just because you have paid for the tickets and could not get your money back, then you have been a slave to money. What is your relationship to money? Is money your comfort...
Read moreCauses and Effects of Deficit Financing
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...
Read moreBanking Fraud – Prevention and Control
Banking Fraud is posing threat to Indian Economy. Its vibrant effect can be understood be the fact that in the year 2004 number of Cyber Crime were 347 in India which rose to 481 in 2005 showing an increase of 38.5% while I.P.C. category crime...
Read moreThe Five Laws of Gold
We live in an impatient age, and when it comes to money we want more of it now, today, not tomorrow. Whether it’s a deposit for a mortgage or clearing those credit cards that sap our energy long after we stopped enjoying what we bought with...
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