Niche Research and Marketing

What ’s happening in accounting today. Here is the best of what i found todat.

24/7 Wall St.: An Ugly Truth About Bank Accounting (BAC)(WFC)(C)

Insightful Analysis and Commentary for US and Global Equity Investors.

Career Opportunities, Lowongan Accounting Supervisor Surabaya …

Career Opportunities ORANGTUA GROUP, a group of fast moving manufacturing companies dealing with food & beverage and consumer products. We …

James Bierstaker Forensic Accounting

Forensic Accounting Professor Urges Students: “Take all your personal data off Facebook”

College students are at great risk for identity theft and fraud by posting personal information to Facebook, says James Bierstaker, an expert in identity theft and forensic accounting at the Villanova School of Business.

He urges his students to take “all your personal information off of Facebook.”

I interviewed him yesterday on the snowy campus of Villanova, on the outskirts of Philadelphia.

Although Facebook has taken steps to stop the controversial “Beacon” program of sharing data with marketers, there is a great deal of public information that can be shared and used for fraud, Professor Bierstaker told me in this interview.

Here’s a relevant article about young people and identity theft from Britain’s The Independent

– Andy Plesser

Full disclosure: The Villanova School of Business is a client of Plesser Holland, public relations.

Posted on Thursday, December 06, 2007

Macleans.ca – Accounting can be a dirty business

Canada’s only national weekly current affairs magazine.

Top Ten Accounting Outsourcing Tips | Outsource Portfolio

Accounting outsourcing should ideally be an asset for any small or medium business, keeping these tips in mind could make that a reality.

Monthly Accounting for Your Business

Video from our FREE Online Business Course

http://www.myownbusiness.org

Session 8 Accounting and Cash Flow

Question:
“What should a business be doing on a monthly basis to stay on top of their accounting?”

Ken Blake
Certified Public Accountant (C.P.A.)

Topics covered in this video:
Business accounting, income statement, profit and loss, sales, expenses, receivables, payables, cash flow

Well, it’s important on a monthly basis to be able to produce what we call an income statement or a profit and loss statement. This is the document that shows your sales as well as your expenses and it’s normally produced on a monthly basis. The main thing that you need to keep in mind is that for this document to be relevant you need to do a lot of the work, almost on a daily basis. For most companies, entering the bills as they receive them and also billing customers as the sales are made should be done on a daily basis if possible. On a weekly basis one should go in and look at the age of the receivable and also the age of the payables.

The older the payables are of course means that some of your suppliers will be after you to pay money so you want to keep on top of how old some of the bills are and on the other side of the coin you want to make sure that your customers are paying you on time. Checking the age of some of the bills outstanding on a weekly basis will make your financial statements that much more relevant than if you check them on a monthly basis.

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