It’s a difficult choice between repaying your debt and saving for your future retirement. Which one do you choose to get the maximum benefit and results? If you have a debt and also want to…
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What Is The Acid Test Ratio or Quick Ratio?
The Acid Test Ratio, also known as the quick ratio or liquid ratio, is a financial metric that assesses a company’s short-term liquidity and ability to meet its immediate liabilities without relying on the sale…
Claim Denied by Health Insurance? Try These Strategies
Do you have medical bills your insurance company doesn’t want to pay? You have several options as you explore different ways to pay the bills. If your insurance company won’t pay the bill, consider these…
Is Advanced Accounting Training Right For You?
Are you satisfied with your career right now? Don’t you wish to move upwards or be promoted? One way to develop your accounting career is by training in an advanced accounting career. You can even…
FSA, HSA, HRA, and MSA: Understanding Medical Expense Accounts
Medical expense accounts offer a tax-advantaged means to save and pay for medical expenses not commonly covered by health insurance. The four types of accounts are: Flexible Spending Arrangements (FSAs) Health Savings Accounts (HSAs) Health…
What Is Financial Window Dressing?
Financial “window dressing” refers to a company’s manipulation of financial statements or accounting records to present a more favorable picture of its financial health and performance than is actually the case. The term is often…
Life Insurance Fraud – What You Need To Know
You’re probably familiar with the concept of insurance fraud since it has been around for a long time. The earliest recorded instance involves a merchant intentionally sinking his ship in 300 B.C.! The merchant drowned…
Is Accounting Education Right For You?
Are you very much interested in accounting? Well, if you are, you should take up accounting education. Doing so will systematically teach you about the different practices and skills involved in accountancy and business. What…
How To Write Affirmations
Affirmations are everywhere, and they have the strong ability to lift your spirits to get through hard times. This is because we’re all highly suggestible, even if we think we’re not! Affirmations help us to…
What Is Forensic Accounting?
Forensic accounting is a specialized field investigating financial discrepancies and providing evidence suitable for legal proceedings. Forensic accountants are tasked with examining and analyzing financial records to uncover fraud, embezzlement, or other financial misconduct. Their…