Maintaining a clean kitchen is a good thing to do because keeping your environments clean is not only good, but also has an amazing feeling of relaxation attached to it.… Read More »5 Amazing Tips for Maintaining a Clean Kitchen

One of the things that are common in the preparation of accounting records by accountants is the rules that they follow. The laid down rules that are complied with in… Read More »The 11 Basic Accounting Concepts and Conventions

The reports generated by the financial and management accountants are useful to different groups of people depending on what they need from the report. This article focuses on the uses… Read More »The Main 6 Users of Accounting Information

Accounting information is put into different uses as explained below. Accounting information is useful to predict and evaluate company’s cash flows which creditors, loan providers and those in similar category… Read More »The Uses of Accounting Information

Accounting consists of all the processes in designing and operating an efficient accounting information system that leads to the collection, recording, measuring, summarizing, analyzing and communicating of the results of… Read More »The 11 Accounting Functions in Organization Information System

Sales journal is a book of original entry used to record all goods sold and services rendered on credit to a third party in the order in which they occurred… Read More »Sales Day Book or Sales Journal and Its Uses

The functions of accountants are multi-facet because it covers all the process involved in the conception of a business idea, the birth of the business, its sustenance, and possibly the… Read More »The Nine (9) Functions of Accountants

Accounting as a form of knowledge and profession consist of different branches as explained below. 1. Financial Accounting Financial accounting started from stewardship duty and is concerned with the keeping… Read More »The Five (5) Branches of Accounting

The release of accounting information is not a guarantee that such report is correct. There are basic tests to which any accounting report could be subjected. These tests are the… Read More »The 8 Qualities of Good Accounting Information

Every business organization is expected to keep its financial records accurately and in an orderly manner. This task is expected to be performed by an accountant engaged for such purpose… Read More »Definition of an Accountant and the Essential Features of a Business Organization

Like any other discipline or course, accounting did not evolve suddenly, but the beginning of accounting was stewardship, where a person is employed on someone else’s property and the employee… Read More »The Scope and Five (5) Natures of Accounting

The nature of the products-intangibility makes it imperative that marketing techniques be used to inform or tell customers exactly what they are buying and what range of the services are… Read More »Need for Marketing in the Financial Service Industry

Your skills are those qualities that makes you unique and differentiates us all from each other of which it can be used as a side hustle and monetized if properly… Read More »8 Steps on How to Turn Your Skills into a Lucrative Side Hustle

The conditions for effective market segmentation are: 1) Measurable: There must be some ways of measuring the size and purchasing power of the segments. 2) Accessible: The firm (Bank) should… Read More »Characteristics of Effective Market Segmentation

Three strategic options are open to marketers indeed organizations, in choosing markets and products to use in serving the markets. These are mass marketing/undifferentiated marketing, product variety/product differentiation marketing, and… Read More »Service Market Segmentation Strategy

Products of the financial services industry are intangible and therefore cannot decay, deteriorate, depreciate or form. Financial services cannot be inventoried just as physical goods can. Prices of financial services… Read More »Features of Financial Services and Conditions for Effective Entrepreneurial Marketing