In the last few years, statutory reporting and planning have been fiercely competing for the attention of the Finance department. So far, statutory reporting seems to be winning. The legal and reputation implications of not complying with the ever-growing regulation requirements have left management with no other choice than to assign top priority status to [...]

A business plan presents the story of how your business will launch and then operate. A budget detailing the startup expenses you will encounter must be included to show funders how their money will be spent. Here are tips on planning that budget. Expert Overview To start off, get a general sense of the cost [...]

Hasan A. Yahya, Ph.Ds The British American philosopher Bertrand Russell (1872-1970) says: “We do not see things as they are, we see them as we are.” In philosophy, this means that we used to see things as we like, or as we perceive it, wrong or right according to cultural norms of the groups in [...]