| Accounting and Tax Guide
According to www.business.gov.au, Australia has more start-up small businesses than any developed country in the world. The Australian Government recognizes the importance of start-ups and entrepreneurs in helping to fuel investment and jobs in this country. That’s why in its 2015 Budget, the Government is encouraging start-ups and entrepreneurship by promising a package to help Australians start up small businesses and to help energize... [Continue Reading]
If you have any experience in trading financial instruments you may find online CFD trading very interesting and a new option to trade on financial markets. With traditional trading methods like stocks, indices, commodities, Forex and others, the hassles of owning the assets and transferring costs were significant. But in CFD trading you do not need to own any of the assets and you just make profits due to changes in the prices of the underlying... [Continue Reading]
Most entrepreneurs have a do-it-yourself approach in handling their business. As long as they can give adequate attention to it and they have the necessary competencies to get it done, they want to make sure that they have full control of just about every detail in their company. However, there are times when getting professional help is the best way to go. One such aspect that’s best left to the professionals is accounting. There are distinct... [Continue Reading]
It is the end of the financial year and everybody has the the same thing on their minds-- tax time. Everyone starts preparing their emails and receipts for donations and other evidences that can help increase their chances of a higher deduction to their taxable income. Here are a few reminders that you can use in getting the most out of your tax return.
Donations are tax deductible
At this time of the year, everybody searches for... [Continue Reading]
If you’re the kind of investor who is looking for a more conservative, less risky investment without compromising the chance to make money, you’ll need to find the best money market rates possible. If you aren’t experienced, it can be a challenge to sift through the seemingly endless array of choices to find a money market fund that will work for you, both to keep your investment protected and to still offer a decent (if not better)... [Continue Reading]
Financial stability can be one of the most difficult aspects to owning a business, especially if the business is in the beginning stages. While many businesses have difficulty yielding a profit, a great way to start your business off on the right foot is to be financially minded from the very beginning.
Getting started properly can help you keep your business’s finances and records under control, which is a crucial aspect to business success.... [Continue Reading]
Many businesses make the mistake of not hiring an accountant to deal with their finances and accounting needs. This tends to be because having an accountant is seen as being a luxury, something that only larger businesses should have.
However, that isn’t the case. Accountants can be beneficial for businesses of all sizes. From giant corporations to one man business startups, accountants are incredibly useful. There are so many benefits of hiring... [Continue Reading]
Owning a business is all about taking risks. But you need to make sure you are making the right decisions. Taking the right gambles. How do you do this? You may need some expertise. Are you looking to increase your profits so you can expand your business? Then there are some steps you can take. They can be separated into two categories: cutting costs and maximising profit. As any good businessman knows reducing your spending is the easy way to increase... [Continue Reading]
When you run a business, there is a lot that you need to consider. You’ll be faced with more responsibility than ever before. But you’re also going to face a lot of financial stress. As a business owner you’ll be required to pay for everything yourself, so you need to think up ways to cut costs. It can be very expensive trying to run a successful company. Make sure you take these ideas on board, they will help you benefit... [Continue Reading]
The economy can be a tough master, particularly for a small business or a startup company. You need to be savvy and know how to save money. You should offer business packages that are enticing for an employee. However, they should also be affordable enough that you can provide them. There are ways to save money without cutting starting to cut corners and reducing your work quality or your profit potential. Here is how you can begin... [Continue Reading]
Running a business is often thought of as one of the most expensive endeavors that a person can take on. The overhead that a business takes on in the beginning can be overwhelming to even the wealthiest investors. This can cause a lot of issues for new and established businesses.
Even though it seems impossible at times, there are always ways to reduce overhead and create more profit for the business. Anyone can use these ideas to improve their... [Continue Reading]
If you have spare money, you might be wondering how you can make the most out of it. Much of the time, people find that they have no idea what to do with their savings. If you leave the cash in a bank account, you will not profit much from it at all. That is a waste of your finances. Instead, you need to find ways in which you can make your money work for you. Have you ever considered investing in stocks? You might think that this option sounds risky,... [Continue Reading]
& Tax News
MAUI, Hawaii--(BUSINESS WIRE)--Today, Expensify, the fastest growing expense reporting software worldwide, announced that Xero, a worldwide leader in cloud accounting software, has teamed up with Expensify in a global strategic partnership. The pair ...
(May 5, 2016, Business Wire (press release))
Finance consulting firm Accordion Partners launched their Financial Accounting & Advisory Services (FAAS) practice, to provide operational accounting, performance improvement and technical accounting support. Rich Medor, formerly an operational ...
(May 5, 2016, Thomson Reuters' peHUB (press release))
COLORADO SPRINGS, Colo., May 5, 2016 (GLOBE NEWSWIRE) -- The American Institute of CPAs (AICPA) and Junior Achievement USA today announced the launch of a new online "Accounting Career Guide," hosted on Junior Achievement's JA My Way ...
(May 5, 2016, GlobeNewswire (press release))
The combination would create an entity with 300 members in 79 countries with annual fee revenue of over $2.6 billion, making it the third largest association of independent accounting and consulting firms in the world. Allinial Global's president and ...
(May 5, 2016, Accounting Today)
The Blackstone Valley Chamber of Commerce will offer “Dude! Where's My Profit?” from 5:30 to 8:30 p.m. May 10 and 17 at the Grafton Municipal Center, 30 Providence Road, Grafton. The accounting class students will learn to construct the “big picture;” ...
(May 5, 2016, MetroWest Daily News)
Minister of Communications Dr. Edward Kofi Omane Boamah in an interview with Paul Adom Okyere on Metro TV's Good Evening Ghana talk show has revealed that President Mahama is fulfilling the Manifesto of the NDC through his Accounting to the ...
(May 4, 2016, GhanaWeb)
To further develop our current teaching and research activities at Essex Business School, we are seeking to make an additional appointment in the field of Accounting, Business or Finance. This appointment will play a vital role in enhancing the School ...
(May 4, 2016, Times Higher Education (THE))
The accounting and tax firm Lafler, Moore, Connerty & Webb reported to the California Attorney General that the company's computer system was accessed by an unauthorized person resulting compromising its stored W-2 information. The illegal access was ...
(May 4, 2016, SC Magazine)
The Financial Accounting Standards Board (FASB) has issued updated accounting standards designed to simplify accounting for stock-based awards. Among other changes, the updated standards permit employers to withhold stock for tax purposes upon ...
(May 4, 2016, JD Supra (press release))
Economic earnings represent the true earnings for shareholders and are very different from accounting earnings. Economic earnings are better than accounting earnings for 3 main reasons, which we identify below. If a company is not generating positive ...
(May 4, 2016, Seeking Alpha)
The professional and business services sector, which includes accounting and tax preparation along with other services, gained 27,000 jobs in April, down slightly from 31,000 in March. The combined trade, transportation and utilities sector grew by 25 ...
(May 4, 2016, Accounting Today)
Morgenson, in her column, cited a recent study in The Analyst's Accounting Observer that says 90% of companies in the Standard & Poor's 500-stock index reported non-GAAP results last year, up from 72% in 2009. Morgenson said she can not comment on ...
(May 4, 2016, MarketWatch)