Choosing the Right Accounting Software

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Factors to Consider When Choosing the Right Accounting Software

Choosing the most suitable accounting software for your business can be quite challenging.

While there are numerous options for you to choose from, it does not guarantee the search will be swift and straightforward.

How exactly do you determine the most suitable accounting software to invest in?

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Introduction to Designing Your Website – Free Training

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Introduction to  Designing Your Website – Free Training

SigmaTrail and its community partner, Learning and Development along with the FAO Blog brings to you a FREE web based training on

“Introduction to Designing Your Website

on 27th Sep 2014 from 4pm – 6 pm (IST).

Great for Chartered Accountants, Artists and small / medium businesses

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Final accounts – an understanding – Key statements

Balance Sheet

Final accounts – an understanding – Key statements

In the Learning & Development group, on the final accounts series, you read about the Balance Sheet and saw a sample format.

http://faoblog.com/final-accounts-understanding-key-statements-8/

Now, as you saw in the format I shared in the last post, a Balance Sheet has two sides, the assets and the liabilities. In a T form, the liabilities are shown in the first column set and the assets in the 2nd column set. This column signifies the amounts owed by the business entity.

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HIGH POTENTIAL EMPLOYEES

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Identifying, developing and nurturing HIGH POTENTIAL EMPLOYEES

I had written an article for the award winning e-journal of the Learning and Development Group. This appeared in the July – Sep 2014 issue. Download this issue from https://www.facebook.com/download/434846059990458/Ekakshaara-%20Vol-7-%20%28Jul-Sep%202014%20Issue.pdf

To retain high-potential employees, the conventional wisdom is deceptively simple:

  • Identify, develop, and nurture them.

Continue reading “HIGH POTENTIAL EMPLOYEES” »

Final accounts – an understanding – Key statements

Balance Sheet

Final accounts – an understanding – Key statements

In the Learning & Development group, on the final accounts series, you read about the Balance Sheet in a nutshell.

http://faoblog.com/final-accounts-understanding-key-statements-7/

As I had mentioned, the Balance Sheet comprises of, Equity, Liabilities mainly and the Assets. The credit Balances for the Balance Sheet normally classify in the Equity & Liability segments,  commonly known as “Liabilities”or “Sources of Funds” and the Debit balances sum up in the side called “Assets”.

A very simple equation summarizes the owner’s business stake:

Assets – External Liabilities = Owner’s standing

Continue reading “Final accounts – an understanding – Key statements” »

This themes includes code from Andreas Hassellöf, licensed under a Creative Commons Attribution v3.0 License