Audit Controls – Testing the Effectiveness of Controls
In addition to identifying areas of potential weakness, auditors must assess whether the system of internal controls is effective. To determine whether an internal control...
The Structure of Investment Process
The investment process is a set of steps that bring together suppliers of extra funds and those looking to invest it. They usually connect through...
What Does Finance Mean?
What does finance mean? Well, this is a very important question to ask yourself. The study of money and investments is part of the field...
How to Prepare Your Own Balance Sheet
A balance sheet shows a company's assets, liabilities, and shareholder equity. It provides an overview of a company's finances and gives investors an idea of...
What Is a Loan in Business?
A business loan is a financing option for a company. These loans are intended to help businesses meet specific needs. They can be used to...
Excise Taxes
Excise taxes are imposed on the purchase of goods and services. In the United States, these are often called gasoline taxes and income taxes. While...