Author: Carla
Cost Accounting: The Missing Component of Supply Chain Management
One of the first questions I ask our Warehouse Management students is, “Do you know your operating costs?”, and our Production Planning Management students, “Do you know the cost to produce one of your items?” After five years of training, I can count on one hand how many students were able to answer these questions,
Development of Business Intelligence (BI) Market of China in 2008
BI has become one of the most promising sectors in the global information technology market, and it is also an important part in the enterprise informationization evolution in China. Statistics showed that in 2007, the BI market in mainland China had reached 2 billion yuan (US$ 260 million), up 35% from 2006, consisting of BI
Social Engineering Fraud: Is Your Business Insured Against Spear Phishers With Good Aim?
What is Social Engineering Fraud? You may not think you know, but you do. In fact, you’ve already been targeted repeatedly and recently, probably even today. Social Engineering Fraud is a leading cause of data breaches and has resulted in billions of dollars being stolen. So, what exactly is it? According to Interpol, that’s right,
The Importance of a Business Plan
Your business plan is your company’s calling card. It allows you to see your business through your investor’s eyes. As the name suggests it is a plan of your business; your communication tool; selling your marketing, sales and operations. Every time you meet with a property manager about leasing space for your business or you
Sample Business Plan Outline
If you are looking for a partner, funding, angle investor or venture capital you will be asked for a business plan. Even if you are not in need of capital in the formation of your new business endeavor you will still be glad you prepared a business plan to help you prove to yourself that
Non-Profits Organization – Releases From Restrictions – Accounting
Accounting is usually boring and non-dramatic, except when accountants are faced with releases from restrictions when dealing with non-profits. This is when you see accounting types, such as CPAs and auditors, especially those with no non-profit background, laughing a bit too nervously. Blame it all on FASB 117! “Net assets released from restrictions” (NARFR) is
Five Reasons Why Businesses Should Hire Accountants
For many small-business owners, taxes are a point of stress. Changing guidelines and regulations can make the process of filing a difficult process for small-business owners, but hiring an experienced team of accountants can take the worry and stress out of tax season. Here are a few signs it’s time to hire an accountant. The
Random Facts About Forensic Accounting
With the many careers and jobs offered today, there is always a handful of careers that go by unnoticed or are belittled leaving society with very little information about it. When it comes to forensic accounting, there are many facts that you probably didn’t know about. For one, the forensics accounting department is one of
A Guide – Professional and Business Owner Disability Insurance Planning
You can not buy proper home insurance if your house is on FIRE and if you wait until you are sick or injured to look at your Disability Insurance contract, the fine print may surprise you. 1 in 3 Canadians will become disabled for a period of more than 90 days at least once before
How Can A Business Use Content Marketing
Most of the time, the point of content is to spread brand awareness. However, when it comes to real-time marketing the purpose of content is to build customer loyalty by engaging in a continuous dialog. Today this can be done rather easily with the advent of online communication, social media being one of the main