Accounting scandals involve misdeeds by trusted executives who are responsible for large sums of money. They come up with devious ways to misuse or misdirect funds, understate expenses and liabilities, overstate revenues, and the value of the assets. In no particular order, here are four of the greatest accounting scandals of all time. Bernard L....
Sometimes regular budgeting just isn’t enough. If you need extra money, then some extreme lifestyle changes can be made to find some extra money within your income. If you’re looking to enjoy yourself this summer, you might want some extra money in your savings account. Here are ten extreme ways you could save money to...
If I may ask you, what is an IVA? The best answer for it would be, an IVA or individual voluntary arrangement is extensively used for resolving personal debt problems. It is a repayment plan (fixed term) that is designed especially to help someone who is facing a crucial debt problem. This repayment plan gives...
People borrow money for every reason. Whenever they need money, they look towards banks, friends, or financial institutions to help them. However, the reason for the loan is not always justified. People take loans for all sorts of crazy reasons – a party, an outing, and other unnecessary expenses. These reasons might be unjustified; however,...
Are you facing credit problems in the event of bankruptcy or a home foreclosure? Or is that your credit score has dropped as a result of payment failure? Gone are the days when bad credit hindered your loan approval and lenders reluctant to approve your loans. Mortgage loans for people with bad credit have dissipated...
I will never forget what one of my friends posted on my Facebook wall the other day, it was so profound; it read like this, “A business that does not have an adequate online presence will certainly find its rightful place in the dustbin. More so, a business that is boasting of an online presence...
My sister has the absolute greatest knack for unearthing the best sales in the mall or stepping foot into a thrift store only to throw together the most amazing outfit for around $15 from top to bottom. Since I was not so lucky to have been born with the nose of a bloodhound when it...
Many people struggle with budgeting daily. And, the simple truth is that it doesn’t matter if you make $20,000 a year or $50,000, you may still find it hard to make your money last. This is why many people use the envelope system. If you’ve never heard of this system, you may be wondering how...
Expenses for entertaining and travel are one of the most common expenses that small and medium-sized businesses have to make. They are also one of the areas of expenses that cause the most confusion and seem to have the most unexpected complications for people when filling out their tax forms. That’s because of some common...
Just a few years ago, financial transactions all took place inside the bank. Customers would have to see tellers withdraw or deposit money. In today’s financial world, you can do almost anything with your money without stepping into a financial institution. In fact, many financial institutions are now encouraging customers to become more high-tech for...