Analysis of investing activities is an aspect of financial statement analysis that is very important in the successful implementation of business analysis. This is a continuation of the financial analysis / financial statement analysis article. I broke it down so that you won’t get bored reading it. Investing activity is one of the three functions […]
Archives for March 2010
FINANCIAL ANALYSIS AND FINANCIAL STATEMENT ANALYSIS, LEARN TO DO IT JUST LIKE YOUR ACCOUNTANT
Financial analysis or financial statement analysis is that aspect of business analysis that is carried out with the intention of getting financial insight of a business by an analyst. It is the traditional function of accountants and other finance professionals to carry out business analysis. But, armed with the information in this article, you too […]
EMERGING CAREER OPPORTUNITIES IN ACCOUNTING/ ACCOUNTANCY
Career opportunities in accounting or accountancy continues to expand and gain more grounds in the job markets as the effects of increasing fraud and financial systems meltdown continues to bite hard on both individuals and corporate bodies. Cases of bankruptcy and business failures continually make the head line these days. Business community and industry leaders […]
FINANCING DECISIONS IN THE FACE OF ECONOMIC GLOBAL CRISIS
Financing decision is the second most important decision that companies and their financial managers make. Financing decision is concerned with the study of the financing mix or capital structure of a company. One thing is to find investment opportunities and another thing is to source for finance that will help the project sees the light […]
MISSION STATEMENTS AND VISION STATEMENT EXPLAINED
Mission statement and vision statements are two phrases that can either stand on their own or be combined as a single document usually called a statement of philosophy. For the purpose of this post, I will explain the two phrases differently. MISSION STATEMENT To start with, I will first of all explain what a mission […]
STRATEGIC PLANNING AND STRATEGIC MANAGEMENT
Strategic planning and strategic management are those set of decisions and actions that result into the formulation, selection and implementation of organization’s long-term objectives. That is, the setting of strategies for achieving organization’s objectives. A strategy is simply a company’s game plan. Take a football team for example, their goal as a team is to […]
ROLE OF ACCOUNTANTS ON THE FIGHT AGAINST ECONOMIC CRIME AND FRAUD
Economic crime and fraud continually make headline news. People tend to be resorting to economic crime and fraud in order to cushion the effects of the economic global crisis. A lot of managers have lost hope as most of these frauds and economic crimes are committed and perpetrated by insiders. This then presupposes that economic […]
ACCOUNTING AS A COMMUNICATION TOOL
Accountants no doubt are the most qualified communicators in the business world. Accountants are trained to be communicators specializing in communicating financial information in a language that is understood by all and sundry. The information must meet the requirement of information for it to be termed so. Some of the features of anything that must […]
HANDLING BUSINESS RISKS OF PANDEMIC
Business risks are those factors (both controllable and uncontrollable) with the potential of having an outcome that can affect business operations and ultimately affect profitability. (EDITED on 12/02/2021- A lot of businesses faced a sad reality in 2020 when Corona Virus pandemic took the whole world by surprise. Businesses that had no form of backup […]
THE IMPORTANCE OF ACCOUNTING
Accounting or accountancy is no doubt the universal language of businesses and figures. Those that fluently speak this language of business are called accountants. The importance of accounting and accountancy cannot be over-emphasized as the evidence is there for all to see. Imagine what this world would look like if all means of communication are […]