You don’t need to be an Accountant but you do need to understand at least some of the commonly used Accounting Words in the Financial Statements of Annual Reports:

Understand What Are Accounting Fundamental Errors

Understand What Are Changes In Accounting Policies

Understand The Difference Between Cash Basis Accounting Method […]

Append below are the following major Accounting concepts which the author has provided for in his other accounting blog which hopefully explains the concept in a simple manner for readers to understand:-

Key Accounting Concepts/Convention/Principles
In a business in order to account to shareholders/investors/authorities, the financial statements need to follow a certain fixed period of reporting say […]

Many of us should agree that the greatest asset/capital of a company is the human capital particularly the leaders namely the Management.
You might have all the resources but without good people to lead, it will lead nowhere or it will only eventually become a mediocre company. Without good quality management, investors will have not […]

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We normally associate IT outsourcing mainly to India in places like Bangalore. However, with the passage of time, higher labor costs and turnover rates made companies also look at elsewhere to get their outsourcing needs.
A list compiled by management consulting firm neoIT on the new outsourcing hubs […]

Though Indian companies have not yet made any great impact worldwide compared to brand like Toyota, Sony and other, it’s believe that the following top Ten Indian companies would be a force to reckon with in the near future:

Name

Notes

Tata Motor

India’s biggest maker of trucks and buses has a tieup with Fiat to jointly invest $895 […]