According to a recent ManpowerGroup survey, seven out of 10 employers reported talent shortages, with technology positions the hardest to fill. Cultivate your organization’s leaders by acknowledging their strengths and achievements while clearly communicating your mission. During company crises and periods of change, it’s crucial to rely on people who can get the job done…

With better operating support, your organization will be in a much better position to achieve key goals. It’s worth raising this point rather than constantly running into cash flow problems by trying to do more with less. If you work with the homeless, for example, then it may be that your expenses increase in winter,…

The two specific types of adjustments are accrued revenues and accrued expenses. Entries are made with the matching principle to match revenue and expenses in the period in which they occur. Adjustments reflected in the journals are carried over to the account ledgers and accounting worksheet in the next accounting cycle. For the company’s December…

Here we look at interest expense in the context of evaluating a company’s profitability, as well as its relevance for your personal finances. Our simplified model assumes the mandatory repayment of the original principal is 2.0% per year. Suppose a company decided to raise $20 million in capital through issuances of loan with a long-term…