Accounting Firm

Accounting Finance: The Heart Of Any Successful Business

Accounting Finance: The Heart of Any Successful Business

by

Yossarian Smythe

At the core of any successful business is a well organized management. Financial accounting is a very important tool for business. Aside from knowing strategies such as bookkeeping, marketing, advertising and production, a good and stable business must also have a competent system for accounting finance.

Whether you like it or not, accounting finance is one thing you cannot dispense with in the world of business. It is a very important tool in determining where and how exactly your money is being spent. Also, it is most important in terms of taxes and other pecuniary obligations.

Good Accounting Means Good Business

Accounting ensures you how much you have, how much you owe, and helpful in assessing the value of your business. Are you generating any profit or operating at a lost? Accounting records will answer your questions. Accounting serves as the proper recording tool of the financial status of any business. Fiscal dealings are best kept right on track with an effective accounting department.

[youtube]http://www.youtube.com/watch?v=-eEkdgL6GGM[/youtube]

A good accounting system within one s business is a great help in making business decisions. This also shows how credible you are with other companies. Accounting does not only place you in a very knowledgeable stance, but it gives you that confidence by being armed with the facts and figures revolving around your business. Knowledge is power.

Professional Accountants

It is to your advantage if you are an accountant by profession. But if not, you can still do your own accounting if you are operating a small-scale business. However, if you have a big company it is advisable to hire a professional accountant especially if you do not have the time and the skill for it. You must realize that there are various strategies in keeping various kinds of accounts in a business.

It is also best to check the accounting firm s competence, credibility and confidentiality issues. It is very important that in any business, you would be able to trust your accountant with sensitive information, including profits and sources of income your business is accumulating.

Accounting standards you should know

To the untrained and unsuspecting eye, accounting principles might seem hard, intimidating and complicated, but it is in reality very simple if you get past all those figures. All you have to know in accounting are these: Accounts are always divided into three types, namely assets, liabilities and equity. Each account is unique and simple yet forms part of the very foundation your business is operating on.

T accounts can be managed by drawing a T like figure with a left and right section divided by a vertical line. On the left side, you can place all your debits or the so called assets. On the other side, you can list down all your liabilities or what we call credits.

The general rule is that for every liability, there must also be a corresponding asset so that a balance will be achieved. If the credit is more than your debit then perhaps you are already generating a loss in your business.

Mastering these simple accounting principles will help you in determining where your business stands. You will also be more confident in presenting these financial records even if federal agents pay you a visit for an audit. GP

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Sony refreshes VAIO brand for business and entertainment

Thursday, July 31, 2008

From the middle of July, Sony Corporation refreshed their senior laptop brand VAIO from “Video Audio Integrated Operation” to “Visual Audio Intelligent Organizer”. According to Sony Taiwan Limited, this refreshment is an attempt to relocate the laptop consuming market for business and entertainment factors.

In the “VAIO Experience 2008” press conference in Europe, Sony promoted their new product series for different populations including BZ for business, FW for home entertainment, Z for ultra-slim, and SR for complex applications.

Different with past series, Sony added “Clear Bright” screening technology for high-definition display, and “full-carbon production” features. BD-burning and Intel Centrino 2 processing technologies will be featured in all the new models. For security issue, Sony also embedded fingerprint system to prevent personal data to be stolen. Continued from TZ series, innovative designs including “Green Power Button”, “Situational Switch” are also added in newly-launched series.

“Due to consuming market differences, Sony only promoted BZ series in Europe and America but not included Asia. Although the TICA Show in Taipei will be different, functionality will be the greatest issue when a consumers choose a notebook [computer] before buying.” addressed by executives from Sony Taiwan Limited, during the “VAIO Experience 2008” press conference in Taiwan.

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Mexican police official, bodyguard shot dead at restaurant

Thursday, June 26, 2008

Gunmen today opened fire in a Mexico City restaurant, killing a top police official in charge of monitoring the country’s illegal drug trade, as well as one of his bodyguards, Mexican officials said. The attack is the latest waged against authorities attempting to fight Mexico’s powerful drug cartels.

Security officials in Mexico City say the attack occurred as Igor Labastida Calderón, commander of the federal police‘s Traffic and Contraband division, was eating lunch with one of his bodyguards, Jose Maria Ochoa. According to Minerva Amado, spokesperson for the attorney general’s office, two unknown subjects got out of a black vehicle, entered the restaurant, and opened fire on Labastida Calderón.

Reports differ on who else was injured in the attack. Amado said two other bodyguards were injured and hospitalized, while Mexico City newspaper El Universal reports that three civilians were injured.

The motive for the attack remains unclear. No arrests have been made so far, as police continue to search for the assailants. Federal police have refused to comment.

President Felipe Calderón has sent over 20,000 troops throughout Mexico in an attempt to take back areas controlled by the country’s drug cartels. Since Calderón took office in December 2006, more than 4,000 people have been killed by these drug cartels, allegedly including federal police chief Édgar Millán Gómez, whose May death was attributed to the Sinaloa Cartel.

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Insurance

What Is The Need And Purpose Of Market Research?

By James Marriot

Carrying out the market research is not enough in itself. It has to be regularly updated also. In order to carry out marketing effectively, you have to need to have information like the demand of the consumers, competition, market demand, distribution channels etc. This information needs to be updated regularly as the market is dynamic; it keeps on changing. So in order to fulfill the needs and demand of the customer, the company has to stay updated with their recent needs and demands. Taking the help of market research companies, which can provide you with the following information, can carry out this market research:

Changes in technologyIn order to know about the new products and services being offered ion the market, you need to be updated with the new changes that are taking place.

Changes in consumer tasteConsumer taste and preferences are dynamic in nature, it keeps on changing frequently. Therefore the company has to remain updated with the latest consumer taste and preference in order to provide them with desired product. Changes in the consumer taste can be known through market research surveys, which are conducted with the help of questionnaires and personal interviews.

[youtube]http://www.youtube.com/watch?v=ukaahh5JpoE[/youtube]

Changes in economic conditionsThe gross national income and the regional income will be vastly affected by the improvement or stagnation of the countrys economy. This fluctuation in the countrys economy has a different impact on items related to luxury and necessity. Market research enables you to know and cope up with the changing needs of the consumers. It has provides you with a well-interpreted analysis for the future.

The main reasons for carrying out market research are as follows:

To obtain a detailed and better understanding of the consumers needsmarket research provides you with valuable information such as their views on products, packaging, recent advertising campaigns, pricing etc. This information will help the company to rectify its mistakes and will also help you to improve upon your product.

Reduce the risk of business failureWhile launching a new product, there is no guarantee that the product will be a success for sure. However if you remain updated with the needs of the consumers, then the chances of failure while introducing a new product reduces. If you will be aware of the consumer needs, you will also be aware of their preferences and dislikes. This information about you consumers can be gathered by carrying out a market research.

Forecast future trendsmarket research provides you not only with the current status of the market, it also provides you a future forecast of the customer needs. Once you know the current and future demands of your customers, you can easily make changes in your product portfolio and cater to the needs of your customers in the best possible ways.

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Retired U.S. vets sue Donald Rumsfeld for excessive service cutbacks

Tuesday, May 31, 2005

One thousand residents of the Defense Department-managed Armed Forces Retirement Home in Washington, D.C. filed a class-action lawsuit on May 24, asserting that the cut-backs in medical and dental services imposed by Secretary of Defense Donald Rumsfeld are illegal. The operating budget for the home was reduced from $63 million in 2004 to $58 million for 2005. The residents cite cuts in on-site X-ray, electrocardiogram, physical and dental services, and the closing of the home’s main clinic and an on-site pharmacy.

Chief Financial Officer Steve McManus responded that the changes not only save money but also achieved improved efficiencies. “We’re really trying to improve the benefits to our residents,” he said.

Most of the home’s costs are paid for by a trust fund and monthly fees paid by residents. By law, the Armed Forces Retirement Homes are required to fund, “on-site primary care, medical care and a continuum of long-term care services.”

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Jeter saves the day for the Yankees

Tuesday, April 5, 2005After a blowout win for the New York Yankees on Sunday, their ancient rivalry with the 2004 World Series champion Boston Red Sox resumed with a close game on Tuesday that went down to the wire. Yankees closer Mariano Rivera had a blown save in the top of the ninth when he surrendered a solo home run to Red Sox catcher Jason Varitek that tied the score at 3-3. Yankee Derek Jeter saved the day in his lead-off at bat in the bottom of the ninth, hitting a walk-off home run off Keith Foulke to win the game for the Yankees. Yankees manager Joe Torre said, “We escaped today. Mariano is still the best in the game as far as I’m concerned. That doesn’t mean that clubs aren’t going to get to him once in a while. These guys we’re playing are the world champs.”

Rivera and the Yankees won’t soon forget the glory snatched from them by the Red Sox in last year’s American League Championship Series. The Red Sox were within three outs of being defeated in a sweep when they rallied against Mariano Rivera at Fenway Park in Game 4. They went on to win in 12 innings, and won the next three games to take the Series, and went on to win the World Series.

Other spotlights included starting pitcher Carl Pavano‘s debut for the Yankees and Hideki Matsui, who hit his second home run in two games.

Today’s game was played in front of 54,690 at Yankee Stadium.

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Weight Loss Surgery

Thinking Of Weight Loss Surgery? Read These 6 Top Tips!!

Thinking of Weight Loss Surgery? Read these 6 top tips!!

by

Jodie Flynn

Making the decision to get a Lap Band or have weight loss surgery or even researching the possibility of getting a Lap Band or having weight loss surgery is a big step and there is no doubt that there will be some feelings of fear; it’s human nature to be scared of the unfamiliar.

[youtube]http://www.youtube.com/watch?v=8zeW-VAJAqA[/youtube]

All fears can be broken down into 3 basic categories: * Fear of not being loved; * Fear of not being good enough and * Fear of not belonging For me, the decision was a long time coming. I had been contemplating getting Gastric Band surgery for at least 3 years before I even got the courage to go to an information night! I had booked in for the information nights before, but never had the courage to turn up. I finally decided to take the next step when I realised the fear of doing nothing and possibly dying from my obesity was now stronger than the fear of the actual operation, the pain afterwards or even the thought of whether people would find out about it. It’s probably fair to say that part of the fear for me of having Lap Band surgery was the changes that were going to take place in my life; of being ‘skinny’ and all the “what ifs”? “What if it didn’t work?” “What if it did?!” “What if I haven’t dealt with all the issues that kept me overweight in the first place?” “What if something goes wrong in surgery?” “What if I had no excuses and had to play at 100%?” I had so many questions I needed answers to!! How did I get those answers? Ultimately the answer was research, research, research! * Firstly and probably most obviously, the internet is a wonderful tool to help with getting answers to some of the questions you have. * Internet forums can also be a good way to discuss issues with like minded people who are going through similar things to yourself. * Finding your weight loss surgeon is one of the most important decisions you will make and you want to be more than 100% satisfied. You’ll find that Gastric Band Surgery centres hold presentation nights; go to more than one centre so you can make an informed decision about who will do your gastric band surgery. * Ask questions! Your surgeon will have most probably heard it all before and are the experts. Don’t be afraid to ask, even if you think it’s the most stupid question ever. * Discuss your decision with people you trust and who know you well. They are the ones who love you for who you are, not what you look like and talking it over with them will also help you make the right decision. Being informed, knowledgeable and also at ease about the decision will help the fear dissipate. Of course it’s only natural to still experience some fear, but if you have answers to most of your questions, you can be confident you’ve done all you can to make the most informed decision you can make. You need to make sure that whatever you decide, that you are comfortable with it and are satisfied you are making the best decision for you. Even though it is normal to experience fear, it’s important to be courageous and act in spite of it. What fears does losing weight bring out in you? Shine the light on your fears and see the shadows jump away.

Jen Kaminski and Jodie Flynn are Directors of Lap Band for the Mind. If you have had weight loss surgery or are considering it, they can help you increase your chances of success. If you enjoyed the tips in this article and want to learn more about how to maximise your weight loss surgery success, claim Lap Band for the Mind’s popular free ecourse, “Top 10 ways to fail with a Lap Band”, available at: =>

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How the Army Corps of Engineers closed one New Orleans breach

Friday, September 9, 2005

New Orleans, Louisiana —After Category 4 storm Hurricane Katrina slammed into New Orleans, on the night before August 29, 2005, several flood control constructions failed. Much of the city flooded through the openings. One of these was the flood wall forming one side of the 17th Street Canal, near Lake Pontchartrain. The U.S. Army Corps of Engineers (USACE) is the primary agency for engineering support during such emergencies. A USACE team was assessing the situation in New Orleans on the 29th, water flow was stopped September 2nd, and the breach was closed on September 5th.

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Fannie Mae forgives mortgage debt of 90-year-old woman who shot herself

Sunday, October 5, 2008

Fannie Mae, a housing mortgage lender, has forgiven the mortgage debt of Addie Polk, a 90-year-old woman from Akron, Ohio who attempted to kill herself when she was being evicted from her home on Wednesday.

Polk had lived in her home since 1970, and refinanced her mortgage numerous times since 1997 when she first got a loan taken out against her home. When authorities tried to evict her, she shot herself once in the chest. Fannie Mae took over Polk’s home in 2007 after the loan company filed for foreclosure. One report from Reuters states that authorities tried to evict Polk more than 30 other times in the past.

“Just given the circumstances, we think it’s appropriate,” said Brian Faith, a spokesman for Fannie Mae who also said that the incident was almost immediately “on [their] radar screen”.

Polk is currently undergoing treatment at Akron General Medical Center and is expected to make a full recovery. She can return to her home as soon as she recovers from her injuries.

Polk was recognized on Friday when Dennis Kucinich, who is a democratic representative for Ohio, spoke of her incident during debates on a 700 billion USD bailout bill that the United States House of Representatives passed on Friday. He states that the bill does not focus on people in situations like Polk.

“This bill does nothing for the Addie Polks of the world. This bill fails to address the fact that millions of homeowners are facing foreclosure, are facing the loss of their home. This bill will take care of Wall Street, and the market may go up for a few days, but democracy is going downhill,” said Kucinich on Friday.

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Music Chart

When Music And Lyric Poems Checked Its Way Of Life From The Cyberspace To The Mainstream

Submitted by: Tony Shapiro

The Cyberspace has unquestionably revolutionized amusement. Now, individuals have more options beyond the chronic tv set and radio; people can determine shows and take heed to music online. Because of this, many industrious someones have brought forth stuffs produced specifically for the Internet. For case, driven musicians who want their music and lyrics to get out there use telecasting self-sacrificing Sites and cultural networking web sites so souls can hear what they have produced. And individuals have so far reacted to these independent creative people positively. And for a good reason: the words and the euphony of vocals produced by these artists are commonly unlike what the mainstream offers. Of course, this means fresh words and advanced sounds; mainstream artists, on the other hand, have to stick with formula, since anything that winds away from the accepted music and words may not attract as many fans.

So it isn t stunning that many artists who discovered celebrity on the Net tracked the mainstream. With their groundbreaking medicine and smart lyrics, these Internet stars have taken the world by rage. Here are the creative people and the songs that few attracted Cyberspaces buzz before realise bigger hail.

Bubbly by Colbie Caillat

[youtube]http://www.youtube.com/watch?v=leT-4Y1l7NY[/youtube]

Colbie Caillat is now a far-famed artist gives thanks to her hit vocals Realize and I m Yours, which is a span with Jason Mraz. But it was Bubbly that helped jumps start her career. First heard in her MySpace page, Caillat was among the most popular unsigned artists during the time she published Bubbly on her social networking site. Written by Caillat, the lyric poems of Bubbly perfectly fit the creative person s effortless vocals. The lyrics are simple (sample lyric poems: The rain is falling on my window pane / But we are hiding in a safer place / Under covers staying dry and warm / You give me feelings that I adore ), while Caillat s voice seems physical and facile.

Say It Again, by Marie Digby

Marie Digby became famous thanks to her win in a lyrical repugn frequented by video self-denying web site Youtube. Digby was already signed Hollywood Records, but her Youtube videos (such as her video where she sang Rihanna s Umbrella ) conveyed her to the calcium light, but beyond her fresh voice, it was the lyric poems of her vocals which attracted hoi polloi, particularly when she tackled her original compositions. Say It Again marches her skill as a ballad maker. Her lyrics are heartfelt but tight, as proved here: Thing about you is you know just how to get me / You talk about us like there s no end in sight / The thing about me is that I really want to let you / Open that door and walk into my life.

LDN by Lily Allen

Some Other MySpace discovery, Lily Allen has been equated to a come of recognised singers and musicians, all because of the strength of her first single, LDN. Her lyrics are also solid (sample words of LDN : Riding through the city on my bike all day / Cause the filth took away my license / It doesn’t get me down and I feel OK / Cause the sights that I’m seeing are priceless ), nicely congratulating her already well-acquired expansive prowess.

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Song Lyrics

available at http://www.smartlyrics.com

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