The Great Depress...
The Great Depression and It's Impact on The Economy and The Accounting IndustryEighty years ago tomorrow (October 29, 1929), the Great Depression (the largest economic depression in modern history) began after the stock market crash.  A worldwide economic downturn that lasted approximately 10 years (1939), it is now used as a benchmark on how far the world's economy can fall.Like most financial tides, The Great Depression, commonly known as Black Tuesday, originated in the United States, but deeply affected International trade.  Nine thousand banks failed, causing a $140 billion loss to depositors.The New Deal Program was cr

The Prince of Wal...
The Prince of Wales Delivers Videotaped Address on Sustainability to AICPA Governing CouncilLAS VEGAS, Oct. 19 -- PRNewswire-USNewswireAccounting for Sustainability "The Prince of Wales today called on the U.S. CPA profession to take a leading role in helping develop the tools and information necessary for companies to embed sustainability issues effectively in their day-to-day operations and decision-making and to report sustainability performance in a more clear, concise and connected way. "We have to ensure that we are not battling to meet 21st century challenges with, at best, 20th century valuation, decision-making

An extremely useful website for a quick reference of accounting terms and explanations:
Basic Accounting Principles Cheat SheetQuick View of Basic Accounting is a quick reference and overview of accounting concepts.You should consult a professional accountant and/or the accounting profession's officialpronouncements for specific situations and for more complete information.Read more here -> http://www.accountingcoach.com/QuickView.pdf

A great site for ...
A great site for Business and Accounting information, tips, and news.For Example:October 15 Deadline for Extended Tax ReturnsRobert Steere, Toolkit Staff WriterRemember that 2008 income tax return you just weren't ready to file on April 15th? Instead, you filed a request for extension

What is the diffe...
What is the difference between assets and fixed assets?Assets are resources owned by a company as the result of transactions. Examples of assets are cash, accounts receivable, inventory, prepaid insurance, land, buildings, equipment, trademarks and customer lists purchased from another company, and certain deferred charges........Read more: http://blog.accountingcoach.com/fixed-assets/#ixzz0V4oofEMq