Category: Uncategorized

Opportunity Cost: Why Should Accountants Care?

Opportunity Cost: Why Should Accountants Care?

Finance describes costs that are not measured by accountants but nonetheless important in business decisions. One such cost is the opportunity cost, or the cost of the “road not taken.” Opportunity costs are not recorded on …
Accounting Controls: What they are and How they are Used

Accounting Controls: What they are and How they are Used

Accounting controls are standardized methods that reduce errors and mismanagement. Even the smallest companies can implement basic accounting controls to ensure proper handling of financial transactions. Credit Controls Credit controls mitigate the risk of customers …
Spring Break for Online Accounting Students

Spring Break for Online Accounting Students

What Spring Break, you may ask? Online students may get a week off from assignment deadlines and class discussion requirements, but the same reasons you pursue an online degree is probably the same reason you’re …

Three Investment Tips for People Over 40

An investor over the age of 40 should have a different approach than an investor in their 20s or 30s. At this point, one should have an established career along with an adequate amount of …