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What is a General Ledger / Nominal Ledger?

An important element of business accounting is the general ledger.This will be something that will be used by all businesses that use a double entry bookkeeping system. The information found in the general ledger is used for creating financial statements and it includes all transactions. Read the rest of this entry »

What is 1099-MISC?

1099-MISC formAs well as income earned as an employee there will also be money that we receive elsewhere that is subject to tax. The 1099-MISC form is related to this other type of income with the ‘MISC’ standing for ‘miscellaneous’. Like all other tax forms it is important to fill this one out correctly and to get advice if you are unsure about the information it should contain. Failure to declare any type of miscellaneous income could lead to problems later and so will be best avoided.

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What are KPIs?

Measurement is important in many areas of business and this is why KPIs are so useful. The area of business that is in most need of measurement is performance because this provides data that can help direct the efforts of the management. If a company does not clearly know if they are performing well or poorly they won’t be able to properly develop a winning strategy for success. Read the rest of this entry »

Top 5 Best Quantitative Finance Books Reviewed

The use of sophisticated mathematics in finance is a complex subject, but luckily there are some great books available to make this subject more approachable. What follows are the top 5 best quantitative finance books available; these will be of use to people of all levels of interest to the topic.

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What is Asset Management?

If you are fortunate enough to have a lot of wealth you will likely benefit from some type of asset management. This is a popular option for the super wealthy and most of the rest of us would be unlikely to need such a service. A firm that specializes in asset management can expect a lot of money for their services, but when they do their job correctly they make bundles of cash for their client.

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What is a Freelancer?

These days more and more people are making a living as freelancers. The rise of the internet has been a great boon for this type of employment. If the trend continues there will likely be a lot more people with this type of employment in the future; it is generally agreed that there are both advantages and disadvantages to this way of working.

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What is Debt Management?

debt managementUsually when we talk about debt management we are referring to assistance given to debtors by a third party. This assistance is usually of the expert variety with the aim being to help the debtor to return to a position where they no longer owe money. In recent years there has been a huge rise in the number of people struggling with debt and this type of assistance is increasingly required. Many businesses have sprung up and these promise to offer debt management solutions; not all of these are good options.

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What is eBusiness?

During the last few decades there have been an increasing number of people who make their living from the web. Some of these people will work online and may not even need to leave their homes in other to make money. eBusiness is now big business and like all other ventures of this sort there are losers as well as winners. All the signs seem to be pointing at the conclusion this way of doing business is going to continue to increase in importance – it is certainly no fad as people predicted it over a decade ago.

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