Users and Uses of Financial Information

In every financial accounting textbook, the authors explain in detail about „Users and Uses of Financial Accounting.“ Information such as cash flow statements, income statements, and balance sheets are important documents that are kept to ensure that the company is recording everything correctly. The users of this accounting information are divided into two categories, internal and external users.

The internal users of accounting information are the managers who organize, operate and plan daily business routine. They are directly affiliated with the company and use managerial accounting, which includes in-depth reports used to determine financial strengths and weaknesses. For example, internal users would include management, finance, marketing, and human resources. An example of a human resource manager would be that he or she has to ensure the rights of their employees by using wage information along with other data. Important questions arise with internal users. A question for a marketing manager would include, „What price for an Apple I Pad will maximize the company’s net income?“

External users are groups of individuals that are outside organizations, and they use accounting to make financial decisions. An example of an external user would include a creditor, who uses accounting to evaluate the risks of granting credit. Taxing authorities, investors, and customers are also external users. External users would receive limited financial information from a company such as financial statements. These statements are the backbone of financial accounting and they give the external users enough information to inform them of the company’s economic position. Assets, liabilities, revenues, and expenses are of great importance to users of accounting information. For business purposes, it is customary to arrange this information in the format of four different financial statements; balance sheet, income statement, retained earnings statement, and statement of cash flows.

The purpose of the income statement is to report the success or failure of the company’s operations for a period of time. The income statement lists the company’s revenues followed by it expenses. A key point to recall when preparing an income statement is that amounts received from issuing stock are not revenues, and amounts paid out as dividends are not expenses. Therefore they are not reported on the income statement. Retained earnings statement shows the amounts and causes of changes in retained earnings during the period. The time period is equivalent to the time covered on the income statement. Financial statement users can evaluate dividend payment practices by monitoring the retained earnings statement. Some investors seek companies that have a history of paying high dividends, while others seek companies that reinvest earnings to increase the company’s growth.

The balance sheet is based on this equation: Assets = Liabilities + Stockholders Equity. This equation is referred to as the basis accounting equation. The balance sheet reports the company’s assets, liabilities and owners equity. It is a financial window to the company at a specific point in time. Claims are divided into two categories: claims of creditors, which are called liabilities and claims of owners, which are called stockholders equity. On the balance sheet it lists the company’s financial position as of a specific date in this order: assets first, then liabilities and stockholder’s equity. A note to self about stockholders equity is that it is composed of common stock and retained earnings. Finally there is the statement on cash flows. The purpose of the statement of cash flows is to provide financial information about the cash receipts and cash payments of a business for a specific period of time. Users are interested in the statement of cash flows because they want to get a better understanding of what is happening to a company’s most important resource. The statements of cash flows answer these following questions: 1) Where did cash come from during the period? 2) How was the cash used during the period? 3) What was the change in the cash balance during the period? The statement of cash flows also organizes and reports the cash generated used in the following activities: financing, investing, and operating. All businesses are involved with these three types of activities.

Financing activities is described as taking money to make money. The two sources of outside funds for corporations are borrowing money and selling shares of stock in exchange for cash. Investing activities involve the purchase of the resources company’s need in order to operate such as sale of long-term investments, property, plant, and equipment. Finally there is operating activities. Once a business has the assets it needs to get started it can begin its operations. Operating activities convert the items reported on the income statement to cash.

In conclusion, the users of financial statements are people who use financial documents for a large variety of business purposes and their ability to make decisions using these statements helps them to succeed in the business world. Students have a chance to succeed in business if they have the knowledge of professionals who use financial statement analysis techniques and tools used on a day-to-day basis.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Chelsea Yingling

Braun Electric Shaver: Ripple Effect is Key to Smoother Shave

Products, nowadays, go through advanced manufacturing processes hence consumers are given a wide range of merchandise to choose from. This is particularly true in health and beauty products. It is a billion dollar industry that targets all demographics. In men’s health and body, there are products that remain constantly in demand, most of which are related to hygiene and grooming. Shaving products are particularly sought after, for obvious reasons. In this department, the Braun Electric Shaver is always on top of the list not just because of brand recall or loyalty, but because of the innovations introduced by the company.

If you are looking to find the ultimate electric shaver, you should take into consideration some of the factors that can affect your decision. You can get valuable information from product reviews and online communities who share the same passion as you do when it comes to grooming products. Before purchasing, you need to check what’s new in the product offering. This may include the new blades or the level of vibration that yield a closer and smoother shave. The battery life, while not a deal breaker, should also be considered. Long lasting battery life will definitely help if you are constantly traveling from one place to another. Braun Electric Shaver has a self-cleaning feature that allows for a mess-free shave. Also, the vibration effect of the Braun Electric Shaver produces a ripple effect on the skin which results in closer shave. Not all shavers have the same feature, so in that aspect, Braun may be a good choice.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Markus Sanarko

How to Speed Up the Tor Network

Want to speed up TOR and make the TOR network and privoxy run faster?  The TOR network is a free proxy solution if you don’t care too much about the low level of anonymity it offers, but the main problem is that many times TOR is slow and pages don’t load.  This is due to the way the TOR network is setup, the speed of any connection you get through TOR will always be slower than elite proxies, but there are a few things you can do to try and make TOR run a little faster.

First, make sure you have the Vidalia bundled installed.  Then, open up the Vidalia control panel from your task bar.  With the control panel open, click on settings to open up the settings window.  Then click on the advanced button and find the directory where your Tor configuration file is stored.  Find that directory on your computer and open up the file called torrc.  With the torrc config file open, copy and paste the following into the file:

# Try for at most NUM seconds when building circuits. If the circuit isn’t
# open in that time, give up on it. (Default: 1 minute.)
CircuitBuildTimeout 5
# Send a padding cell every N seconds to keep firewalls from closing our
# connections while Tor is not in use.
KeepalivePeriod 60
# Force Tor to consider whether to build a new circuit every NUM seconds.
NewCircuitPeriod 15
# How many entry guards should we keep at a time?
NumEntryGuards 8

With that done, save the file and go back to the Vidalia control panel.  Stop and start Tor, this will load the changes you just made to the torrc file.  The above changes should help speed up your TOR connections a little.

If you are serious about hiding your IP and being anonymous online, free proxies like TOR won’t work.  They pale in comparison to the level of security and anonymity that elite proxies provide.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Creztor Tessel

What Can Cause Unemployment Benefits to Be Denied?

Unemployment benefits are available for many workers who have been separated from their job or have had their hours cut through no fault of their own. But if you have left your job and file a claim for unemployment insurance, there is a possibility that you will be denied. Here are some of the most common reasons why this may happen.

You Voluntarily Quit Your Job
You could be denied unemployment compensation if you voluntarily quit your job without a compelling reason or good cause. Quitting because of a personal preference is neither a compelling reason nor a good cause.

To be considered good cause, you must have quit out of necessity. Before quitting, you must have made a good faith effort to avoid quitting your job. This means that before quitting, you must have informed your company about the problem and given the company a chance to solve it.

There are some circumstances that qualify as compelling reasons for why you were forced to quit your job:

– Family circumstances that made it impossible for you to work.
– Financial difficulties.
– Unacceptable working conditions.
– You were deceived about the conditions of employment.
– Your employer refused to pay you.
– Offensive conduct by your employer, such as abusive conduct, profanity at work, unfair accusations, or discrimination on the basis of race, sex, or age.
– Unsafe working conditions.
– Transportation problems.
– Leaving for other employment.
– You have good cause to quit your job if the average person, in the same situation, would have quit his or her job.

You Were Fired from Your Job
If you were fired because of willful misconduct or other legitimate reason, you will be denied unemployment insurance benefits. This is something that your employer will have to prove in court if you appeal.

Other Disqualifying Reasons
Your state unemployment office can deny your application or revoke your benefits for various reasons including:

– You are not reporting other income that you are receiving while on unemployment.
– You refused suitable work.
– You are unable or unavailable to work.
– You are incarcerated following a conviction.
– You are participating in a strike.

If Your Employer Disputes Your Claim
When you file a claim for unemployment, the state agency verifies your claim with your previous employer. This is because employers must pay into the unemployment insurance fund. Depending upon many factors, the amount each employer pays can vary considerably. One variation is based on how often an employer lays off employees who then collect benefits. Each employer is assigned an "experience rating," which is a number used to measure how often an employer lays off workers who then file unemployment claims. The more often an employer's ex-workers make claims, the more the employer has to pay into the system. You can easily see that an unscrupulous employer might seek to keep its payments low by disputing the claims made by ex-employees.

It may even happen that after you get laid off, you file your unemployment claim and you start collecting checks. But after several weeks your checks stop coming because your previous employer has disputed your claim!

You Have the Right to Appeal
If you are disqualified and denied benefits, you have the right to file an appeal. The state will advise you of your appeal rights. There is an established time frame within which you need to make your appeal. If your previous employer has filed a dispute, it is up to them to prove that you were terminated for something that was your fault. If, for example, they claim that you were fired for bad behavior, they will need to produce human resources notices, signed by you, that document the alleged infraction. So if you apply for unemployment insurance and are denied, make sure you are given a legitimate reason-or get ready to file an appeal.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Beth Stewart

The History of Spain in Gold Coins

Coin collectors are all enamored with the Spanish gold coin pieces that are offered for sale at auctions. These gold coins remind people about the history of Spain and are a great way of tracing a timeline with different coin specimens. For many collectors the gold coins that they purchase most often are the Doubloons.

These coins have a history that stretches back through hundreds of years and there is a special feeling that you are truly connecting with Spain’s past when you are able to hold one of these beautiful coins in your hands. Collectors appreciate the workmanship and design of the piece as well as the amount of gold that each coin contains. One can trace the raised letters on the coin and imagine pirates or kings once tracing those same designs with their own fingers 400 years in the past.

Even during the 15th and 16th centuries, these Spanish gold coins were popular with people in many countries. A Doubloon was considered to be an 8-escudo coin and this held about 27 grams of 22K gold. It was during the latter part of the 18th century that the weight of gold in the Doubloons was reduced to .9 grams. Because the early gold pieces were only used by the wealthiest citizens, they did not tend to see much handling and use. This means that for modern collectors some of these specimens are in mint condition. Many of these early coins command prices well over $1000.

Today coin collectors may have a vast array of different money in their private collection, but there are also some who collect only the choice examples of Spanish gold coins. There are many of these collections that contain one of a kind examples that others would love to have. Spanish coins were once plentiful and even today there are many available to the public, but collectors have to be very careful to make wise purchases.

Anyone who is collecting Spanish gold coins will need to make sure to deal only with trustworthy dealers and individuals. As is the case in many areas of collectibles, there are fakes and stolen coins that find their way into the marketplace. One of the best ways to protect yourself against fraud or unscrupulous practices is to always make sure that you receive an authentic certificate of authenticity. This should be a standard buying practice when dealing with any of the coins, but especially when purchasing salvaged coins that are obtained from shipwrecks.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Tom Warner

Air Asia Airlines – Low Cost Airline

Air Asia, established in 1993, is popularly known as a low cost airline, located in Malaysia. It is a pioneer airline company that earned great reputation for offering wonderful service at much affordable cost and lets you make your holiday at several worlds famous tourist destinations at affordable airfare. It is not only famous in Malaysia for its cheap service, in fact it is rated as an Asia’s largest low-cost air fare.

Sprawled in 25 countries, Air Asia Airline provides its great service for both domestic and international and provides a comfortable journey to the people. Moreover, it operates for 400 destinations throughout the world and provides maximum satisfactions to its customers. The airline has established its hub at Kuala Lumpur International Airport as Low-Cost Career Terminal.

Headquartered in Jakarta, the airline was awarded for its wonderful service several times and regarded as the world’s cheapest air cost, $0.035/seat-kilometer and offered even common people to avail the service and make a world trip.

Aside from offering world’s cheapest airfare, it is also recognized as the world’s first airline for implementing the ticket less journey and amazed everyone. The airline was established in 1993, but its operation took place in 1996 and operated by DRB-Hicom. The airline came with its second hub in 2003 at Senai International Airport located in Johor Bahru.

The company started its first service to Bangkok at low airfare. After that it became huge famous company for offering the most affordable journey and also prompted the people to make their way for getting the cheap airline tickets. Later, it added its second destination to Singapore and provided an excellent opportunity for people to gain access their favorite tourist’s destinations in Singapore easily and with low airfare. After that, it offered its affordable service for several other countries that include China, Vietnam, Philippines, and Cambodia.

Today, Air Asia Airlines became a leading airline company in Asia region that provides great pleasure journey with several attractive features. The departure of the flights of Air Asia takes place via Low Cost Carrier Terminal.

Apart from that the company has joint ventured with many other airline companies and introduced several new features with its service. The company has several subsidiaries such as Thai Air Asia, Indonesia AirAsia, AirAsia Philippines, Air Asia X, AirAsia Japan, and Viet AirAsia Jet.

Air Asia Airline has managed to maintain its craze throughout the world and presently it operates more than 142 routes and covers the 78 destinations by providing about more than 400 flights. Moreover, it offers inflight service, popularly known as Snack Attack.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Nancy Wilson.

Government Grants For Farmland Improvement

The government issues certain grants for land categories like historic areas, open spaces, natural areas and farmlands. These grants are meant for their preservation or reform. Agriculture is very deep-rooted in America, but the recent suburban upheaval has cost these lands dearly.

Lands are evaluated according to the quality of the soil and the status of the irrigation. Government funds are distributed to farmers to reform and preserve farmland as well as improve the infrastructure. They allow farmers to farm as they deem fit. The funds are also meant for improvements like irrigation, fencing and manure storage facilities.

Farmers can also develop land reform plans and implement them with the funds received. Some of the funds also have aid programs attached to them, which provide farmers with the kind of facilities and help that are needed to protect their land.

Most states also use the agricultural conservation easement as a common farmland protection method. This permits landowners to put a voluntary restriction on their land, which stops development or limits it to enable the land to preserve its natural resources. There are no minimum or maximum grant award levels for individual grants. Any amount can be available for farmland improvements, policy and planning combined.

Some of these programs include partnership developments with parties that are interested and can bring in enough resources for the implementation of the projects. The grants give more preference to such ventures. Applications for the distribution of funds are based on the amount of matching funds and similar services. It is also important to maintain all records pertaining to the grant until the state makes the final payment. This is required so that all information will be handy when the time comes to determine the total cost. A typical example of a farmland improvement grant is the California Farmland Conservancy program.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Eric Morris

Nexus One Phone Release Date

Alright consumers get ready to buy Google’s nexus One phone. The word is out that you can buy Google phone directly from Google’s store or through a carrier of your choice. Google is in process to add more carriers to provide service on Nexus One phone. Some of the carriers will start giving services by 2010 end. T-Mobile will start selling online services to users right away and Vodafone and Verizon will start giving service by mid 2010. The current <strong>Nexus One phone release </strong>is through Google operated web stores only.

 Google clearly is trying ti beat apple corporation in his core competence. Like Apple beat Sony in MP3 player category same Google is trying to do with Apple. Google is coming out with cool features such as voice enabled keyboard and cool widgets to access YouTube videos. The idea is to provide new experience to users to access web enabled application and give social networking a new meaning.

 The current sales pitch only through Google web stores are to create more hype abut the phone as phones are not available in market. Also it gives added advantage to Google to streamline their production release and same time they can structure their release step by step. Getting in to agreement with different carriers in world and providing services in well released manner.

 It will be interested to see how iPhone consumers will react to new features of Nexus One Phone. Clearly the cool features of Nexus One have created ripples in iPhone community. No body accepted to break current monopoly of iPhone in smart phone so easily. If Google’s nexus One phone lives up to the expectation of smart phone community and there is freedom to choose carriers and economical monthly plan then this is knockout punch to iPhone.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Planet harmony1

Reverse Email Lookup – The Easiest Way to Find a Scammer and Finally Have Him Captured

Scammers are everywhere! Some people are lucky if they know how to identify them, but a big regret for others who were once swindled by them or are about to be conned. There are many scammers who do the fraud even in the simplest way. A more sophisticated way of scamming and most prevalent way is through the use of internet.

I know for sure that almost all internet users are aware of the scammers. But, some people may know only a little about it. Best of luck for those people who got the chance to read on this because they will be able to distinguish who really the scammers are.

These scammers are considered "gold diggers" because they try to get a lot of money from others by conning their victims. Their words are full of lies yet people may never know that they are lying.

Therefore, who are the scammers?

1. One example of scamming is when you received an email that you won 1,000,000 US dollars. Of course, maybe for the first time, you will be captivated with this message but in the end you will find out that it is all fraud. If you respond to the email, the scammer will then tell you that you need to give out some amount of money for them to be able to receive it. The first thing that you should think of, is that, no one will ever give you this kind of big money because it is a dumb thing to give away something that is not worth your time and money.

2. Secondly, you may also find scammers who will offer you job but the truth is they just want to get something out of it.

3. Lastly, you can prove how scammers really bad are, through the many online dating websites. Because there are many people who want to meet someone online, these dating sites are getting pervasive so as the growth of con men and women too.

There are some scammers who do the fraudulent activity by attracting the women he dates online, with lots of money he has. He promises many things such as wealthy life and happy family. Well then be careful of these people because what they say is all full of lies. Having informed of some well known types of scammers, you will then be able to do an adequate action on how to finally punish them with what they have done.

One easy way to do it is to do a reverse email lookup on all the email addresses you receive on the inbox or you encounter on dating sites. It is the most hassle-free and cost effective way to find a scammer. You can have all the information you want to gather, such as full name, phone number, exact address and criminal records.

You just need to select the best email lookup provider and then in the search box, type the email address of the suspected scammer and push the "Search" button. After which, you can have vital facts about him / her. You can now have the proof when you told the police about it and surely his / her activities will be brought to an end.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by L Turner

Reasons Of Low Self Esteem Review – What Are The Reasons For Low Self Esteem?

Self-esteem plays a role in almost everything you do. People with high self-esteem do better in school and find it easier to make friends. Self-esteem is certainly not a static characteristic. Rather, it is extremely dynamic, even changing from day to day during adolescence. Self Esteem can best be compared to a powerful battery. When the battery is fully charged, the individual feels confident and raring to go; when the battery is run down the individual feels lack of confidence in self.

Feelings of inadequacy, self doubt and a reduced confidence in your abilities. In other words failure makes you feel bad, and as you already know, things that make you feel bad can lower your self esteem.

Low self-esteem may be triggered by being treated poorly by someone else recently or in the past, or by a person’s own judgments of him or herself. However, low self-esteem is a constant companion for too many people, especially those who experience depression, anxiety, phobias, psychosis, delusional thinking, or who have an illness or a disability. Feeling good about yourself will enable you to be relaxed, positive and creative and more able to take control of all aspects of your life.

Failures and disappointments can result to low self-esteem. When your goals and objectives are not met, chances are you get frustrated and you become negative about your capabilities. Failure just means you are not successful YET. Everybody fails before succeeding; do not look on it as failure but as a means to learning.

Negative self-esteem can create anxiety, stress, loneliness, depression and problems with relationships seriously impair academic and job performance and also can generate an increased vulnerability to drug and alcohol abuse and dependency. On the other hand, a person with positive self-esteem tends to be more motivated in taking on and creating a life that he loves, living it powerfully and in this process be authentically related to others in his community. Negative beliefs do not stop us from wanting or desiring something. Overcome your negative beliefs by making a list of those items you „actively“ desire and that you still have not been able to create. Negative belief: I am a bad person. You search your past and you find an instance were you helped somebody successfully.

Negative thoughts can permeate your confidence and disintegrate your self esteem. Try to best remedy the problem, if you find yourself surrounded by negative people or in a negative situation.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Sudath Priyantha