Consulting is all about using your expertise to sovle a genuine problem of another person who does not have that knowledge that you have under your belt. Accounting skills is one of such technical knowledge that can be used to make a living out of consulting. Accountants can be fitted in many facets of business […]
Archives for April 2010
UNDERSTANDING THE OPERATING ACTIVITIES OF A BUSINESS, THE BASIS OF FINANCIAL STATEMENT ANALYSIS
Operating activities is the basis of every business and understanding operating activities of any business makes us understand how a business makes her income. The income statement is prepared based on accrual principle to report net income for a period along with the components: revenues, expenses, gains, and losses. This then means that we will […]