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Showing posts from August 5, 2018

THE NATURE AND IMPORTANCE OF THE PROFESSION OF ACCOUNTING

The profession of accounting cannot be underrated, most especially by top firms in the world. We can not do without employing the services of accountants in our business, that is, the big businesses. It sounds unprofessional to place accounting in the same position with bookkeeping. This is common among those who do not understand the nature and scope of accounting, especially the non-accounting graduates and also some accounting students who are not practising accountants. Today, accounting firms are consulted for services that cannot be rendered by just ordinary person like Auditing and Forensic Accounting, Tax and Regulatory Services and Advisory Services. Auditing and Forensic Accounting reveals the items contained in the financial statements of companies and also exposes fraudulent acts in the preparation of financial statements of companies. Nowadays, it is no longer a news that fraudulent practices are very high at companies. But the employment of the services of accountants ...

OPPORTUNITIES AROUND YOU

The world we are today consists of two things, that is problems and opportunities. Opportunities arise when there are problems. But the fact is, not everybody realizes opportunities in the midst of problems. Only a few people see opportunities when problems arise, unlike the white men. Below are the examples of popular figures in the world who created opportunities for themselves in the midst of problems: 1. Mark Zuckerberg: The young American is tyhe founder of Facebook, WhatsApp and Instagram. His popular website Facebook, was established when he discovered that he and his colleagues in Harvard University had the problem of getting connected with each other both within and outside the university. He then created the platform that could solve such problem and the result is Facebook. He then also use that opportunity to generate income for himself when he discovered that he was getting much traffics. And today, the 34-year old is the youngest billionaire in the world and number 8 in ...