Category: Finance

Time Management is very essential in everyone’s one. We all have 24-hours in a day. But, why does it seem that some people are able to get the most out of every minute of the day? Believe it or not, they don’t have the power to slow down time. They do, however, know how to properly manage their time. Time management does not only enable you accomplish your set daily tasks, it is also one of the most effective skills you can have in life to enable you succeed. Want…

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Knowing how to work with the numbers in a company’s financial statements is an essential skill for stock investors. The meaningful interpretation and analysis of balance sheets, income statements, and cash flow statements to discern a company’s investment qualities is the basis for smart investment choices.However, the diversity of financial reporting requires that we first…

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Post Views: 16,972Overview:Financial Statements are the reports that provide the detail of the entity’s financial information including assets, liabilities, equities, incomes and expenses, shareholders’ contribution, cash flow, and other related information.These statements normally required annual audits by independent auditors and they have presented along with other information in entity annual report.They are presented in two…

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With the increasing rate of economic recession in the country, there is no doubt that there are certain jobs in Nigeria that pay far better than the usual jobs due to their increasing demand in the country. Along with that, becoming a professional at these jobs does take time to master along with the cost associated in learning these jobs. Also due to the requirements needed in other to practice these jobs, Nigerians often place high value on practitioners in these fields. As a word of advice, it will be…

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Are you looking to become more productive and/or get things done?Do you want to produce quality work of which you can be proud?In this post I offer a few tips to help you produce solid, quality work that will make your heart sing.Know how you work.It may seem a bit clichéd, but knowing how you…

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A company’s balance sheet, also known as a “statement of financial position,” reveals the firm’s assets, liabilities and owners’ equity (net worth). The balance sheet, together with the income statement and cash flow statement, make up the cornerstone of any company’s financial statements. If you are a shareholder of a company or a potential investor, it…

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Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future. Investing is a means to a happier ending. Legendary investor Warren Buffett defines investing as “…the process of laying out…

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It’s the dawning of a new year and you finally have some money to invest. Perhaps you just got a raise. Or, maybe an end-of-year bonus is burning a hole in your pocket. Either way, you need to be smart about investing if you want those extra dollars to count.Shutterstock The problem is, you have…

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ByFull BioSusan Ward wrote about small businesses for The Balance Small Business for 18 years. She has run an IT consulting firm and designed and presented courses on how to promote small businesses.Susan WardUpdated November 17, 2019A balance sheet is a statement of the financial position of a business that lists the assets, liabilities, and…

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To enjoy a comfortable future, investing is absolutely essential for most people.Why invest? Investing can provide you with another source of income, help fund your retirement or even get you out of a financial jam in the future. Above all, investing helps you grow your wealth — allowing your financial goals to be met and…

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Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company’s operations, financial position, and cash…

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An investment always concerns the outlay of some asset today (time, money, effort, etc.) in hopes of a greater payoff in the future than what was originally put in. What’s an Investment?Investing is putting money to work to start or expand a project – or to purchase an asset or interest – where those funds…

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According to a published report, contribution of  MSME sector towards the growth of the Indian economy is quite significant. The Micro, Small & Medium Enterprises:Have a vast network of over 32 million unitsCreate employment of about 70 millionManufacture more than 6000 productsContribute about 45% to manufacturing output and about 40% of exports, directly and indirectly.Despite…

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