The Advantages and Disadvantages of Corporate Financial Reporting

Corporate Financial Reporting is part of corporate reporting that consists of financial statements and accompanying notes that are prepared in conformity with Generally Accepted Accounting Principles (GAAP). The financial statements are summaries of business transactions during the financial year of the corporation. The business world has many forms of organizations ranging from the for profit […]

Forex Trading for Total Beginners

Stock investment, binary options, and foreign exchange (Forex) trading – these are some of the popular ways of generating additional income aside from choosing the traditional ways (building a small business or applying for a part-time work). Which do you prefer? Oh, so you’re already familiar with stock investment and binary options. You don’t mind […]

Understanding Financial Statements

Financial accounting’s focus is on the financial reports distributed to people outside of the company. The major component of financial reporting is the financial statements: income statement, balance sheet, statement of cash flows, and the statement of stockholders’ equity. The income statement indicates a company’s profitability during a specified time period such as one year, […]

Main Functions of Management

There are four main functions of management. 1. Planning. 2. Organizing. 3. Leading. 4. Controlling. Planning. Planning is an important managerial function. It provides the design of a desired future state and the means of bringing about that future state to accomplish the organization’s objectives. In other words, planning is the process of thinking before […]

How Do You Make Money With Affiliate Marketing?

There are two different ways you can make money from affiliate marketing. You can promote and sell digital products, physical products, or both. Digital products include eBooks, video courses and membership websites that can be used online or downloaded directly by the customer.Physical products are delivered to the customer’s front door. For example, many people […]