Over the past decade it appears that administrative law, which is the body of law governing the activities of administrative agencies of government, has been minimized, allowing a number of governmental agencies to run ineffectually. Ultimately this has resulted in numerous economic and environmental calamities within the United States, i.e.; British Petroleum, Enron, Wall Street,
The term “data” refers to primary details or numerical facts relating to an event or transaction. Data is stored and maintained on a computer or network. Computer Software like HiTech Financial Accounting process this electronic data. Data is also maintained as hardcopy or paper print. Since accounting limits itself only to those transactions and events
Beyond any doubt education plays a pivotal role in the development an d progress of any country. In a developing country education gains even more importance. The per capital income depends upon the state of economy which is directly proportional to the literacy rate in a country. The economy of a country mainly depends upon
Planning and Control are the two most important ingredients to a Successful Business. A Business Plan takes most of the guess work out of Business Strategy and Control through solid Financial analysis. Financial Data provides a way to gauge where you are in your Strategic Plan, telling you where changes in your Plan are necessary.
Many people investing get confused about a common term on the balance sheet called retained earnings. Retained earnings go under the shareholders equity and they ARE NOT cash. Many people think that retained earnings are cash because the formula for retained earnings is net income minus dividends paid. People think that this leaves only cash
When you are sending money, you want to ensure that your funds reach the intended bank. Transferring funds to the wrong bank can cause multiple problems, the transaction can not be automatically reversed. You would have to contact your bank, discuss what happened and potentially wait an extended period of time for your money back.