corporation


An overview of what happens during an internal audit process

The business process known as internal audit is a method of tracking and testing procedures and practices in order to evaluate them against pre-determined standards in areas such as accounting compliance and integrity, statutory and regulatory compliance, quality control, delivery of services, environmental impact and customer satisfaction. An internal audit […]


How can individuals invest in private placements of securities?

Private placements of securities, for the purpose of raising capital, are something most individual investors only hear about in a press release long after the shares or bonds in question have been fully allocated to the financial or other organizations who have agreed to purchase them. The whole parcel may […]


Advantages of accrual based accounting

Accrual based accounting is the system of choice adopted by professionally qualified accountants to record the financial transactions of major corporations. It has so many advantages when compared with the alternative, cash based bookkeeping, that it should be favored by businesses of any size. Even if you are just starting […]