Following WWI, the United States experienced a broad economic expansion that was fueled by new technologies and improved production processes. Simple mathematics reduces a credit-worthy company to bankruptcy — for example a company with a market capitalization of $50 million owing $9 million suddenly becomes a bad risk when its total value dives to $10 million thanks to the sudden switch from profit to loss caused by the fall in the price of oil.
Expect a temporary bubble in 2012 driving prices higher than the most recent 12,800 market high, possibly setting a new all time high in what will be an obviously unhealthy, somewhat uneasy irrational 1929-like blowoff, followed by an equally unnatural 2013+ relentless collapse to at or about Dow 1,500 (probably a 5 year+ outlook).
A few factors often associated with a stock market crash are a considerable period of rising stock prices along with too much of economic optimism, a market situation in which price to earnings ratio exceed long-term averages and also extensive use of market debt and leverages by market participants.
Generally speaking, crashes usually occur under the following conditionscitation needed: a prolonged period of rising stock prices and excessive economic optimism, a market where Price to Earnings ratios exceed long-term averages, and extensive …
Accounting CS is designed for professional accountants who serve multiple clients and is flexible enough to handle all types of industries and organizations. The field is also becoming more specialized due to technology and new, accurate accounting and auditing software experience becoming a crucial addition to an accountant job description. In short, accounting profession is always aligned with business and all the important aspects that evolve on it. Being a Public accountant, a Management Accountant, a Government auditor and accountant matters in the field of business. The three day meeting between these two Accounting Stands Boards comes seven years after they initially launched the convergence project. Double-entry accounting is also called balancing the books, as all of the accounting entries are balanced against each other. Tax ACCOUNTING method of reporting GAIN on the sale of an ASSET exchanged for a RECEIVABLE. The FASB created the basic accounting concepts code known as General Accepted Accounting Principles(GAAP).
The bigger the decision, the more accurate the information must be. Some of the people and groups who use accounting information include individuals, businesses, investors and creditors, governmental regulatory agencies, taxing authorities at all levels, non profit organizations, and sometimes employees and labor unions.
Keputusan apapun yang akan diambil (oleh para manager) akan selalu menimbulkan …