HOW MANAGERS CAN USE ACCOUNTING INFORMATION TO MAKE BETTER DECISIONS

Accounting is used in different ways, and that includes making managerial decisions. It helps convey and communicate financial reports to shareholders. The reports are then used to make informed decisions for the good of the firm. Author Alexandra-Daniela Socea summarizes the main ways in which managers can use accounting information to make better decisions for [...]

STAGES OF BUSINESS OWNERSHIP

  The Idea Every great invention begins with an idea. There’s more to starting a business than just having an idea. The steps you’re willing to take to turn your idea into something real will determine your success. When you decide to follow through with your idea, you’re going to want to properly prepare for [...]

BAD FORTUNE OF THE WEALTHY

If you are looking to maintain or even increase your wealth, this article serves as a great tool. Two big factors to avoid misfortune are keeping a diverse portfolio of investments, as well as having a large percentage kept in liquid assets. As quoted from the article, “Wealth-X found that from July 2014 to July [...]

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