Accounting is recording, classifying, and summarizing financial transactions to provide helpful information in business decisions. Italian mathematician Luca Pacioli laid the foundation for modern accounting in 1494 when he published a book describing double-entry bookkeeping….
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5 Tips To Positive Thinking
Sometimes it’s hard to look on the bright side even when things are going reasonably well. When you’re going through tough times, gaining the “glass is half full” mentality can be a feat in itself!…
What Is the FASB?
The FASB is one organization that provides standardized guidelines for financial reporting. The Financial Accounting Standards Board’s (FASB) mission is to establish and improve financial accounting and reporting standards for the guidance and education of…
What Are The Parts Of An Income Statement?
The line reporting sales revenue is the first and most important part of an income statement. Businesses need to be consistent from year to year regarding when they record sales. For some businesses, the timing…
Book Review – Choose by Ryan Levesque
When most of us think about starting or running a business, we tend to be product-focused – if you build it, they will come. In his excellent book, Choose, Ryan Levesque turns this conventional thinking…
What Is A Pacesetter Leadership Style?
Are you a pacesetter? Pacesetting leadership is a type of leadership where the leader sets high standards for performance and motivates others to meet those standards. If you’re a pacesetter, you likely have a strong…
7 Ways To Combat Stress In Your Business
Even if you’ve discovered your dream job, you’re not immune from work stress from time to time, simply because everything in life only sometimes goes perfectly according to plan. Whether you’re battling work stress every…
5 Things You Need To Know About Your Social Security Death Benefit
What Are My Social Security Death Benefits When a loved one dies, it can be a difficult and confusing time. One of the many things you may have to deal with is figuring out their…
7 Secrets To Save On Your Spring Vacation
What if you could stretch your $5,000 budget into a $10,000 vacation? Imagine how much more you could do and enjoy: a more excellent hotel, better food, or maybe you would change your plans altogether….
5 Tips For Choosing The Right Debit Card
Are Debit Cards Smart Choices? Debit cards are becoming increasingly popular, but are they a smart choice for everyone? Let’s look at the pros and cons of debit cards to see if they’re right for…