Star A Business Finances And Marketing

Thursday, October 13, 2011

POLITICAL ECONOMIC BRINKMANSHIP

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After a sojourn to reflect and refocus on developments, what are the questions that dominate the political ether? The question I hear most o...
Wednesday, April 20, 2011

Property lending and rules to save banks from themselves

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Millions are frustrated because banks wll not lend them money to buy or develop property. Banks ascribe their lending restrictions to the ne...
Saturday, November 20, 2010

Accounting principle- Accrual Basis

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 Figures generated / kept in accordance to accounting principle is prepared on accrual basis. For instance, accountant record the provision...

Auditing Creditors- Creditor Turnover Analysis

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 In audit, it's essential to form an expectation of the Company's results before we really drill into the details. We compare the a...

Auditing: Annual Budget vs Actual Results

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 Company prepare budget and use budget as a performance benchmark and monitoring tools. For instance, senior management can question sales ...

Disposing capital-intensive business

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What's happening in the corporate world now? Capital-intensive require heavy investment of resources, including, but not limimted to: ...

Accounting treatment for tax penalty

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One of our Accounting & Audiitng blog reader inquired us the following: " How should penalty on late repayment for tax been accou...
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