Category: Accounting

Section 1: The Current Landscape (Battlefield) – Out of control lawsuits– Bloated government with an ever-increasing appetite.– Advancing Socialism– Insane over-regulation Section 2: Economic Slavery – The Middle Class Treadmill– Hidden inflation guarantees failure– “Debt is good” – another lie– Anesthetized Society Section 3: Solutions – Asset Protection for Current and Future Wealth– Why a…

Financial company with operations in India and Dubai, since inception OTLs aim is to reduce bookkeeping related cost and improve operational efficiency through our extensive finance and accounting services. (OTL – Offshore Travelogistis) is conceived with a clear vision to help travel companies maximize their business performance through cost-effective F&A services including offshore accounting and…

A bail bond indemnitor, or cosigner, is a person with a serious legal responsibility. If your friend or loved one was just arrested, take the time to consider all the liabilities involved with being a cosigner before you sign the legally-binding contract to bail them out of jail. You can be held liable for hundreds,…

Bankruptcy trustees in Canada usually refer to corporations or individual’s that are legally permitted to distribute the existing property of a bankrupt individual among all his creditors or to hold this property in trust. Distribution of assets among creditors is done by the trustee in accordance with the laws and rules laid down by BIA…

In addition to being one of the world’s wealthiest men, Warren Buffet is also known for his common sense investment advice. Instead of chasing hot stocks and market trends, the straight-shooting septuagenarian preaches simple and logical investment strategies that even the least financially inclined investors can follow. While there are as many stock-picking strategies as…

When companies or individuals fall prey to unfair competitors, irate ex-employees or disgruntled customers, then a SERM becomes critical in the economic survival of a business. Firms like SERMs are crucial in maintaining, and in some cases salvaging and restoring companies or person’s reputation and good name. Online searches are one of the first things…

Depreciation is the accounting practice of spreading the costs of fixed assets over their useful economic life. Fixed assets are items that a business needs to purchase for long term use, things such as buildings, machinery, equipment, furniture and tools. Depreciation is a non-cash or bank expense that allows for a provision to be made…

GAAP, or Generally Accepted Accounting Principles, are the accounting rules that are used to present financial statements for public or private companies, non-profit organizations, and government authorities in the United States. IFRS, or International Financial Reporting Standards, are designed so that companies all over the world can compare financial statements with each other. Both bodies…