Managerial accounting is used by a company's managers to help in planning and implementing day-to-day operations. According to Accounting in Focus, managerial accounting is used in businesses such ...

Private and governmental entities use separate accounting standards to create their financial statements and manage their funds. Without knowing the differences between the standards, it is harder ...

An architect's choice of the best legal structure for her company depends on many things, including the ease of formation, documentation, desire for investors, state licensing and statutory ...

National economies are a mix of consumer, business and government financial activity, with consumer spending the largest driver of the U.S. economy. Consumer spending accounted for approximately ...

Somebody starts with an idea for a message. Then they finesse it, develop it and select the medium, or channel, for the message. When they're good and ready, they send the message, and someone ...

Getting your business off the ground or taking it to the next level usually means securing funds from a small business investor. This provides an attractive way to get working capital in exchange ...

Your company's inventory policy affects its ability to turn sales opportunities to sales revenue quickly, allows it to take advantage of quantity discounts, and safeguards against price changes or ...

Strategic adaptability is a planned ability to react effectively when business and environmental factors change unexpectedly. Many companies do a good job planning how to operate when things work ...

When markets in foreign countries offer a higher profit potential than your home market, it makes sense to expand internationally. As you prepare your expansion and research target markets in ...

Accounting rules and regulations exist to ensure that financial statements are useful to their end users in their financial decision-making. For financial statements to be useful, the information ...

Webcams were once the province of casual chatters or adult-oriented websites, but they have now become business tools. With notebook computers, tablets and smartphones frequently including front ...

Corporate social responsibility refers to initiatives companies take to asses their effects on the environment and impact on social welfare. CSR is largely voluntary and there are no specific laws ...