President Ronald Raegan had once famously said that “Big government is not the solution to the problem. In fact, big...
Financial reporting is used by a wide variety of users for a wide variety of purposes. For this reason it...
Universal childcare is amongst the latest of government-funded programs which several Senators across America have started demanding. For instance, Senator...
Businesses may all look the same when you look at the building in which they operate, the employees they hire...
The entity concept separates the concerns of the owners from the business. An extension of the same concept is the...
What is Single Entry System ? Single entry accounting systems record only one side of every transaction. This happens because...
America is a developed country and an inclusive society. It should ideally no longer face the problems of racism and...
Creating the maximum possible shareholder value had always been the cornerstone of capitalism. All economic theories had always been aimed...
Need for a Uniform and Common Theory of Accounting The frequent attempts by experts and professionals on having a “theory”...
Creative Accounting and the Need for a Theory of Accounting The rise of “creative accounting” practices, an euphemism for hiding...