When Frank Baum wrote the Wonderful Wizard of Oz in 1900, little did he know that the desires of Dorothy’s friends were the exact traits that would determine a leaders success or failure on the road of both professional and personal life. Except for courage, we are all born with a heart and a brain. […]
Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract. This subtopic provides guidance on which Cloud Computing Arrangement (CCA) implementation costs should be capitalized as an asset or expensed. ASU 2018-15 is applicable to public business entities starting in 2020 and all other entities in 2021. CCAs, in […]
Get your Financial Ratios Cheat Sheet to easily evaluate a company’s financial health. Download the Excel file for quick calculations. Financial ratios offer several advantages for analyzing and understanding the financial health and performance of a business. They help business leaders assess the current situation, predict the future, and set business goals and directions. What is a Financial Ratio? […]
Accounting is the most important component of a company; in fact, accounting is known as the “language of business.” Financial accounting is the record or process of developing the document that contains all of the critical information about company decisions and transactions. It collects information and disseminates it to stakeholders in order to keep the […]
The concept of ethics vs morals is often used interchangeably, yet they have distinct meanings and implications in our lives. Ethics are generally seen as principles set by external sources, such as societies or professional organizations, while morals tend to be personal values shaped by individual beliefs. Understanding these differences helps individuals navigate complex decisions […]
Knowing how much you’re spending is an important part of accounting. You’ll never know whether your firm is profitable if you don’t keep track of your spending. Cost accounting comes into play in this situation. Cost accounting is a type of accounting that focuses on the expenses of running a firm. Before you go into cost accounting, […]
Calculating the ROI (Return on Investment) for Learning and Development (L&D) programs is essential for demonstrating the value of training initiatives to stakeholders. An effective framework helps to link training outcomes with business objectives, ensuring that resources are spent wisely. How to Calculate Training ROI? Training ROI (Return on Investment) is a metric used to […]
In today’s fast-paced, competitive job market, career advancement requires more than just experience or formal education. Success hinges on staying relevant and continually upgrading your skills to meet the demands of evolving roles. This is where self-assessment becomes essential. By engaging in regular self-assessment, professionals can take control of their development, identify strengths, and pinpoint […]
In today’s fast-evolving business landscape, organizations must ensure that their workforce possesses the skills necessary to meet current and future demands. This is where Skill Gap Analysis and Training Needs Analysis come into play. While both focus on enhancing employee skills and performance, they serve different purposes and follow distinct processes. In this blog, we’ll […]
Here’s a cheat sheet of the top 100 Excel shortcuts categorized by different areas of usage for Windows (with Mac equivalents where applicable). You can use this for faster navigation and productivity in Excel. All Excel shortcuts are divided into categories including; You can download a PDF file of these shortcuts by clicking this link: https://app.box.com/s/u1anjl6caf3fn6k27e788g4i1howaaqt […]
