The Role of FASB to Business. In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals ...

In a preference capital budgeting decision, the company compares several alternative projects that have met their screening criteria -- whether a minimum rate of return or some other measure of ...

Trade lines are often established between a business and a vendor, as opposed to a line of credit offered by a bank. A building supplies store, for example, might order several pallets of pine ...

Accounting Software for a Sole Proprietor. As a sole proprietor, you must find time-efficient and cost-effective ways to perform accounting functions on your own. It may not be viable to hire a ...

How to Decide Whether to Go Into Business for Yourself. Taking the leap into entrepreneurship can be an exhilarating yet terrifying experience. The opportunity to make your own decisions, pursue ...

5 Factors That Demonstrate a Strong Work Ethic. A strong work ethic is vital to a company achieving its goals. Every employee, from the CEO to entry-level workers, must have a good work ethic to ...

How to Check If an Online Company Is Legitimate. Dealing with other online companies is a standard business practice in today's Internet-reliant age, whether you're outsourcing for contracted work ...

Importance of Incentive Plans. Incentive plans are formalized approaches to offering recognition and reward to employees for meeting pre-established goals or objectives. Incentives may include ...

Bakery Industry Analysis. A growing albeit paradoxical trend in the bakery industry, noted by the industry profiler Report Linker, is that U.S. consumers are hungering for both healthy baked goods ...

Problems with retention and morale aren't just issues that confront your human resources officer. They make a measurable affect on your bottom line. The average price to replace an employee, from ...

In 2013, the gross profit margin for jewelry stores was 43.5 percent. In 2017, it was 42.6 percent.

In economics, macroeconomics encompasses societal perspective on resource allocation. Microeconomics involves factors of resources availability and usage that impact individuals and businesses. As ...