• 20

    Oct

    What is accounting equation?

    Before recording any transaction, you need to know accounting equation.This equation help you to keep from right track. Any accounting who serve for multi national company, large company even small business should understand the accounting equation. The accounting equation contain three elements: 1. Asset (the company own) 2. Liabilities (the company owe it from others) 3. Owner’s equity (the difference between asset and liability) read more
  • 20

    Oct

    How to analyze transaction in accounting

    The accountant should be clever to select which business event could be record at ledger. The accountant should analyze any transaction which influence asset, liability and equity ownership. Certainly, the accountant should know the type of asset, liabilities and equity. Each transaction will affect two different posts or double entry accounting that is useful to check the numerical entry of accounting recording. read more
  • 14

    Sep

    How to select accounting software?

    Accounting help you to manage your money. It will help you to make financial statement that is useful to know your finance condition. A bussines owner suppose has a financial report so the company will be good. Record few transactions into jurnal is not difficult. You can use microsoft excell to do that. I have also meet some client who just use note book for their accounting. They journal the transaction manually. Of course, the bookeeping made me difficult to audit it. Finally my boss order me to put the journal into accounting software. I have finished the journal for two months. read more
  • 29

    Jan

    US Representative agree the US Package

    The House of Representative USA agrees to US Package, which, amount is $ 825 billions. It amount is over AIG bailout of 700 billions dollar. Unfortunately, only Democrat Senator supports the plan. No one Republican votes the plan. The Republicans say the US packages is wasting money. The package is not effective to trigger the job field. On the other hand, Obama said that the packages would stimulate the business climate.
  • 29

    Jan

    How to write a financial article

    Writing a financial article is not difficult. Perhaps, your lecture orders you to make a paper. You should finish the paper in short time. You need to read this lens. Writing the financial articles is also profitable. You can get money from newspaper, magazine, journal, and internet. Certainly, you will be popular too and you could become a rich man. The recipe of success is simple. The articles should contain three nice components like keywords, idea and grammar. Fortunately, my idea is nice. So many readers praise my idea articles. On the other hand, there some people who mock my grammar. Since I come from foreign country, my grammar is not good. The keyword also supports our success. You can use keywords support for your articles. You can try this at your home. Good luck. you ca
  • 23

    Nov

    Accounting basic for analyzing stock

    Surely, we must analyses the fundamental of company before investing in stocks. You should read the financial statement carefully. The good income statement may reflect the good company. I quoted from dummy stock investing. Here are item that you must analyze : 1. sales Good company must have good sales. The sales record also shows the increasing. Surely, the higher sales mean higher profit. 2. Expenses The higher expenses mean the company has low profit. You can analyze the expenses year to year. 3. Research and development You can check at my foregone articles 4. Earnings The company that has higher earning will pay you higher dividend. You can check the EPS ratio of the stock. The higher EPS mean the stock has higher profit
  • 12

    Nov

    How the world richest go rich

    You must know Warren Buffet, Bill Gates, Roman Abramowitz, Larry Page, and Sergey Brain. There are the richest men at the world. They have million-dollar asset. We wonder at their success. We often dream become one of the richest men. Why they could success? Somebody will answer they have work hard. They work 24/7. They do not dissipate the time. Writer does not agree to the argument. We found the hard worker does not success to gain anything. In writer’s country, the worker goes to office early morning and back home at the night but them still poor. In writer opinion, the richest go rich because they know the way. They know the way to rich and how to rich. They do anything that brings them become rich. If you go to somewhere, you must know the way or you lost. They open a busines
  • 10

    Nov

    Personal finance: Prepare recession

    You know the recession is near. Allan Grenspan- former Fed Governor- has told that US on recession. The recession happens because the sub prime mortgages default. Many debtors could not pay that mortgages. The asset does not pay the mortgages because the value asset is decrease. Finally, the Fed rate cut the interest so the debtor could pay mortgages. Unfortunately, the debtor could not pay although with interest rate lower. Sub prime mortgages affect the investment performance. The world market index likes Nikkei, Kospi, Bombay, DAC, etc decrease too. There is no way to protect your asset except prepare your financial before. You must provide yourself and your personal financial. The preparations are: You should buy asset. Today, the asset likes house and building are cheap now because
  • 10

    Nov

    The Federal Reserves: dangers quickly interest rate down

    The Fed has announced the fed rate is about two percent. The Fed must do that to anticipate the sub-prime crisis. Many debtors could not pay that mortgages. The asset cannot pay the mortgages because the value asset is decrease .Unfortunately, the debtor could not pay although with interest rate lower because they have the nothing. We are worry that US will meet condition like Great depression at 1928. The citizen suffers the difficultly like search job, low salary, and high commodity prices. The economic worldwide must be affected because the world depends on US. In writer country, the index also rises down and there are no possible the index rise. We also worry the sub prime also affect our country economic moreover, our economic condition is not health. The poverty has reached to 40%.
  • 10

    Nov

    The futures of money against alternative

    We know we could live without money. Therefore, all people find money to fulfill their basic need. They must work hard to find money. The US dollar is the stable and the most wanted currency. You can buy a something over the world. Of course, you cannot use dollar at foreign traditional market or sideway seller. Every import payment must use dollar. In writer country, the computer importer must use US dollar to buy computer from outside. The Exporter cannot receive payment from Indonesia currency. On the other hand, The Exporter Indonesia has no choices to receive from American Importers. In my opinion, the dollar is the best currency. Recently, US incur the economic crisis. The sub prime mortgages has caused US meet the recession. The threatens of great depression could be happen anytim
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