There are three major functional areas in accounting, which need to be considered in modern day accounting for any business. The three are financial, cost and management accounting. The first area, namely financial accounting, is primarily useful for ascertaining the results of the business on a periodical basis; for example, […]
Finance
It’s been a good run for you, and now you are thinking about retiring – but are you really ready for it? A lot of people retire without really putting much thought into all the things they need to plan for prior to retirement – and these are the people […]
The tax laws are written by the politicians and they write IRS laws in order to tailor society in the manner they and their constituents want. This is something taught to accountants and tax preparers every tax season. Politicians today want workers for the rich so that they can live […]
When it comes to personal finance and investing there are many things that we need to keep in mind. Naturally there is the personal budget and watching our outgoing expenses. Debt needs to be taken into account as well and hopefully avoided whenever possible. Insurance, expenses for children, taxes, and […]