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Management Accounting - Responsibility Accounting
Planning & control are essential for achieving good results in any business. Firstly, a budget is prepared and, secondly, actual results are compared with budgeted ones. Any difference is made responsibility...
2 commentsHow to run a Bed and Breakfast
When considering a potential business, many people ask how before they ask why. In my opinion, that is the wrong order. When you ask how, you often get caught up in the details of how and totally forget to ask...
1 commentThe Alternative Energy Car Debate
Some contend that: In the interest of sustaining the world as we know it, we may have to learn to tread a bit more lightly, one step in this direction is to change our transportation to systems that...
2 commentsMANAGEMENT ACCOUNTING - VARIANCE ANALYSIS
Variance means difference while analysis means breakdown. In Cost or Management Accounting, variance would relate to difference between Standard and Actual Costs. Analysis would break this difference into...
2 commentsManagerial Accounting - Investment Centers & Transfer Pricing
Zain Packages Ltd has three divisions i.e. Paper, Printing and Packaging Division. The company makes cartons, boxes, packets, bags and wrappers. If the company earns a profit, each of the three divisions...
4 commentsTRAINING – WHERE’S THE R.O.I?
As a training manager in a call centre, I was always very careful to keep a close eye on costs. Training is a support activity. It doesn’t make the company any money. The good training manager keeps costs...
0 commentsFree Online Monopoly + Strategy Guide
Monopoly is the most played board game in the world and for a very good reason. It appeals to both adults and kids alike. It is very simple to get into, yet endlessly complex to master. Thus, it justly...
0 comments10 AdWords Tips to Improve CTR, Improve Conversion and Drive Down Cost
Google AdWords tips for improving adwords performance in CTR, increasing conversion ratio and driving down the cost of your adwords campaign while maintaining improved sales and click throughs.
0 commentsTry Probate Real Estate Investing for Maximum Flexibility, Equity and ROI
Right now, one of the most solid approaches to making money in real estate is through investing in probate properties. Why? Not only does probate propertiy investing give you an open field of high-equity deals at rock-bottom prices, it also offers multiple exit strategies and serves as a great shelter from the current economic storm.
0 commentsProcurement and Purchasing and Tenders RFx RFI RFP RFT RFQ ROI EOI
Government and large businesses frequently buy services and equipment using a fairly standard purchasing framework. There are several kinds of documents - often referred to as RFx because most of the the name...
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