article thumbnail

20 Confusing Accounting terms in Accounting

Coreaxis

It does not take into account any outstanding liabilities or receivables, as they are not reflected until cash is exchanged. Fair Value vs Historical Cost Fair value and historical cost are two valuation methods used for assets and liabilities. A provision is a liability that is expected to occur, but the timing or amount is uncertain.

article thumbnail

Avoiding Top End-of-Year Mistakes for Startups and Businesses

Coreaxis

Failure to do so can result in penalties, audits, and unnecessary tax liabilities. Failing to take advantage of available deductions and credits can unnecessarily increase your tax liabilities. In addition to reducing your tax liabilities, effective tax planning can also help you better manage your cash flow.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Organization Needs Better Diversity and Inclusion Training Now

KnowledgeCity

Does your company have policies that acknowledge and respect diverse cultural and religious practices? Have you looked at your anti-discrimination policies within the past year? Hiring outside consultants can help you to take stock of where your business practices may be biased. and value it all equally? Best Practices.

article thumbnail

Your Organization Needs Better Diversity and Inclusion Training Now

KnowledgeCity

Does your company have policies that acknowledge and respect diverse cultural and religious practices? Have you looked at your anti-discrimination policies within the past year? Hiring outside consultants can help you to take stock of where your business practices may be biased. and value it all equally? Best Practices.

article thumbnail

Avoid a Fatal Error: Lack of Specificity in eLearning Interactive Stories

Vignettes Learning

Example B John lost Mercy Flanagan, a high asset customer who belongs to the $10 Million Club, because he failed to disclose the fact that the Brazilian company investment is not a Class A stock classification. Example A is pretty generic. The detail of the story embeds the lesson. Increase usefulness.

article thumbnail

What You Need to Know About Pets in the Workplace

Everwise

Obviously any policy would only accommodate patient and well-behaved pets, but many animals will naturally demand their reasonable share of interaction. The largest practical hurdle for a pet policy is allergies. Allergies and Discomfort. Yet who wants to be perceived as the one stick-in-the-mud in an office of non-allergic people?

article thumbnail

Overview of Finance

ProProfs

Stocks have market prices , and they also have intrinsic values. If the market price is below the intrinsic value as estimated by marginal investors, and if the intrinsic value remains stable in the future, then there will be a tendency for the stock's price to fall over time. id="" value="" disabled="disabled" />--> False.

Quiz 40