Economy

Accounting

Usage and Benefits of Electronic Invoicing

A paperless office has long been the dream of innovative, forward thinking credit professionals. While it is not yet a reality, certain innovations are bringing this dream closer. Imaging and workflow technology were the first giant steps forward. Lately, there has been another innovation that could bring a paperless office […]

Employment

Workplace Accident Prevention Tips

Preventing accidents is everybody’s job. These prevention activities have a huge payback, both financially and in terms of morale. Be extra cautious when using toxic substances. If allowed to enter the body, they can cause damage to your nervous system, bones, or reproductive organs. They can be inhaled as […]

Economy

What is Ratio Analysis

It is recommended that trend analysis be used when evaluating the balance sheet, income statement, statement of cash flows, and ratios. Ideally, five years' worth of data should be used. Trend analysis is the comparing of key ratios from each year against industry norms to pinpoint movement toward improvement or decline in […]