Investment appraisal is one area of the study of finance that has a lot of misunderstood terms. Here are 22 of those terms and there meaning in common language that can be understood by everyone. The terms to be explained are listed below followed … [Continue reading]
Users Of Accounting Information System
Accounting can be said to be a process that collects, collate, record, analyse, interpret and communicate financial information to end users in the form/ format that they will understand. Accountancy is the only language that businesses all over the … [Continue reading]
Accounting information system, redefining the accounting profession
Accounting information system has redirected the direction of accounting profession onto a positive path of becoming a highly sought after information processing professionals with super magic powers to crunch data and make sense of it - this is … [Continue reading]
How long will it take to pay off your credit card debt?
While surfing the net, i stumbled upon this article on credit card calculator written by Robin Williams. Happy reading! There is this psychological benefits of knowing when to be free from any kind of debt. If you have piled up a huge amount of … [Continue reading]
Investment appraisal for everyone especially the non-financial managers- payback and return on capital employed method.
Recall that an introduction to this article was given in the part one of this series. Hence, no further introduction would be made here. Our aim here is to explore the various investment technique needed by everyone in a simple manner that you will … [Continue reading]
Difficulties faced by small firms when seeking finance and their possible solutions
You will agree with me that finance is the life blood of every business; big or small. Debt and equity finance are two main categories of sources finance that a company can use. While big and established firms find it relatively easy to raise … [Continue reading]
Dangers of having high level of gearing- business and financial
Business gearing and financial gearing are terms used to explain the volatility of a company and its activities. While the business gearing measures the risk that a company will fail as a result of not making enough contribution to cover for its … [Continue reading]
Eleven sources of finance that small and medium sized businesses can use to finance non-current asset
Sources of finance simply means various reliable ways by which a business can raise money for the smooth running of business activities without much friction. Majority of businesses out there are often hindered by lack of finance to execute … [Continue reading]
Business investment opportunities- how cash shortage can restrict it
Any business that neglects taking advantage of investment opportunities will soon find its way to bankruptcy. As important as this may be, many businesses, especially small family businesses fail to make optimum investment as a result of shortage of … [Continue reading]
Investment Appraisal-8 non-financial factors that every accountants and managers should consider
Investment appraisal is not all about financial factors. There are non-financial factors that plays significant role in making any meaningful investment decision. In fact, most of those non-financial factors act as backbone that will either make … [Continue reading]
INVESTMENT; A SURE WAY TO ERADICATE POVERTY
This article is all about investment and its potential of breaking poverty in your linage forever. There are families that have been living in a vicious cycle of poverty. This class of people has resorted to blaming fate for their misfortune. They … [Continue reading]
Business plan- importance and structure
MEANING/ IMPORTANCE A business plan is a written document that helps; entrepreneur, employees, partners, managers, vendors, management, lenders (banks), suppliers etc gain a better insight into the direction that a business is going or will … [Continue reading]
Investment appraisal for everyone especially non financial managers part one
Investment appraisal involves all those steps taken by an organization or an individual to determine the worthwhile-ness of an investment. It is a scientific approach to choosing a project to pump in money into. The importance of investment appraisal … [Continue reading]
How to study for Professional Accounting exams and still be healthy
Studying for professional accountancy exams can be daunting and surely needs some special technique to master. But, firstly, I would like to congratulate you for taking the bold step of registering for an Accounting professional exam. Accountancy is … [Continue reading]
Motivation for writing and passing your ACCA and CIMA Exams
Motivation to sit and pass ACCA exams is something that is not in abundance, else, everyone would be ACCA qualified. It takes real work and dedication for one to successfully write and pass challenging and though ACCA exams. In this article, I have … [Continue reading]
Business success in today’s world – 8 key factors
The success of every business hinges on its strategies. Strategies are those courses of actions, including the specific objective and business ethics that an entity engage in in a bid to outperform its competitions. In this article, I have talked … [Continue reading]
Staff motivation- TV approach
What you are about to read in this article is the summary of the technique I used to boost the sales of one of my clients by 72% within two months in August 2009. It is a simple yet powerful human ingenuity. Grin-grin was the cry of my phone on … [Continue reading]
Without Humor, Life Sucks – Learn to Be Humorous
Without humor life indeed sucks. I have found out that laughing at myself is the best medication I ever need against some medical conditions that the doctors called 'terminal illness'. Sicknesses, Stress, pains, poverty, sufferings, hatred, … [Continue reading]
Outsourcing- what every managers and accountants should know about it.
Technology has made it a no brainer that organizations think very carefully before committing those hard earned resources into any venture. Would it make good economic sense for a small business owner to still invest heavily in procuring huge … [Continue reading]
Introduction to Financial Independence
This piece on introduction to financial independence is written to share some of the most basic things that I have done to secure my financial independence. There are things that only we can do for our self. One of those things include financial … [Continue reading]