Understanding the Importance of Residual Income
Residual income is so basic in an individual’s life. If you must live a life of financial freedom, you must begin today to think on it. Think of what you can do to build residual income streams that can guarantee you freedom. Read books about successful people to learn what they did that has earned them the financial freedom they enjoy at the moment. In learning about residual income, you will also learn about “leverage”. These are the two very important factors that you will need in your journey to financial freedom.
Central Banks, Financial System and the Creation of Money (and Deficit)
Depending on the amount of money central banks create, we live in a crisis or we have economic development. It should be noted that central banks are not state banks but private companies. The countries have given the right of issuing money to private bankers. In turn, these private central banks lend the states with interest and therefore, have economic and of course, political power.
Basics of Revenue Recognition Audits
Revenue Recognition Audit reviews the accounting techniques of revenue recognition that are adopted by a company. This audit thus assures that the recorded information is compliant with National Accounting Standards which stand mandatory for a firm.
How Is NBFC Different From a Bank?
In this article, we will discuss the key differences between NBCFs and Banks. Both act as financial intermediaries and offer fairly similar services.
Top 10 Financial Experts in India
If you are looking for some great financial experts who gained a lot of success in their carrier then just go through this article. 10 Financial experts in India who are having great expertise in the field of Finance.
Opportunities for Africa to Deepen Financial Inclusion and Development
Use of technology innovation and digital inclined financial services has seen a remarkable endorsement in Africa. Mobile money accounts are growing and could overcome the number to those of financial institutions in Africa. The importance of digital financial service is enormous.
How Is Tally Holistic Software For Your Business?
Tally is truly comprehensive business management software breaking down the complexity of business activities, processes and operations. It is easily dominating the Enterprise Resource Planning software domain.
5 Benefits of Financial Technology
Financial technology (also referred to as FinTech) is the use of innovative technology to deliver a wide range of financial products and services. It is intended to facilitate the multi-channel, convenient and fast payment experience for the consumer.
Guiding New Graduates to Financial Success
New college graduates are on the loose and out building their new work wardrobes for their first job. Are you a proud parent and grandparent? In addition to celebrating with them over parties and gifts, now is the time to give them the gift of financial independence too. As they start their first jobs, you might ask yourself, “Is my child prepared for the financial responsibility that comes with a full-time job and living on their own?” Right from the start, you want them to develop savings priorities and healthy spending habits. Here are some tips to help you point them in the right direction.
Aiming for a Greener Financial System
Green finance can be described as an umbrella term which refers to the changes in financial flows that are required to support projects that not only help the environment but also the society. Pollution, air quality, water quality, greenhouse gas emissions, energy efficiency and renewable energies are certain genres that are covered under green finance.
Three Ideas for Spring Cleaning Your Finances
Your taxes have just been filed and now it’s time for spring cleaning – clearing out the dirt and clutter in your homes and work space to allow for a chore-free summer. Why not also use this opportunity to “clean” up your finances? With a little annual clean-up and our three ideas, you can keep your current financial situation well-organized, streamlined and up-to-date.
When Ghana’s Central Bank Cracked the Whip Amidst An Unstable Sector With Too Many Banks
Ghana’s Central Bank continues in its effort to sanitize the banking sector. Notably, among some obvious sanctions it has carried out has been the mandatory takeover of two private-owned banks: Capital bank and UT bank back by the state-own Ghana Commercial Bank under the authorization of the Bank of Ghana in 2017. Other activities have been carried out by Ghana’s Central Bank yet, the sector still needs some stability. Currently, Ghana’s banking sector is unstable though its prospect looks good in the not too distant future should major regulations and activities are carried out by the Central bank.
Dirty Money and Religious Compliance?
It’s everywhere and in every life because money rules the world. It is at the heart of the World Order and it began because of a desperate need for power and control. It continues along the same path as those seeking more than others are caught in a web of deceit that waylays anything standing above them.
FAR Overhead Rate Calculation and FAR 31 Audits for Government Contracts
Falling prey to the economic downturn, it’s quite trending amongst several engineering and architectural firms to seek out majorly for government contracts in comparison to other development projects. This trend has mandated these firms to have their overhead rate calculated in compliance with the FAR i.e. Federal Acquisition Regulation.
Common Surety Bonds You Ought To Know
A surety bond can be defined as contract between three parties guaranteeing that a job will be completed in accordance to the contract terms. The three are the project owner who is the obligee, contractor who is the principal and the surety who ensures the task at hand is completed as per the agreement terms. Surety bonds are more financial related and even though they are very common in the construction industry, they come in different types touching on different areas of agreement.