Wednesday, February 1, 2012

Equity Capital: The Nature, Risk, and Reward

Equity capital is the remains in the way of assets after all debts and other charges are accounted for. Hence, equity capital sometimes called residual capital. It serves as the financial foundation of a company. Indeed, one can not launch any sort of business venture without equity funds.

Tuesday, January 24, 2012

Break-Even Point Analysis

We recognize that business generally has two types of costs. First, fixed cost. It is cost that inflexible and include such expense as interest, rent, property tax, and straight line depreciation expense that must be charged no matter the production quantity produced, either in bad or good season. The second, variable cost.It is related to the operating level of a company such as the number of labor and their working hours, raw material incurred, and  quantity based depreciation expense. Other variable costs, while they lend themselves to control, are not necessity directly affected by production levels. Thus, a company may as it sees fit reduce or enlarge expenditures for advertising and promotion, research or ground-keeping.

Thursday, January 12, 2012

Financial Organization

A small business usually carries planning and control in a single individual, often a person heading up the whole company. Financial management in such this company is apt to be informal; it is simply a facet of the manager’s overall job guiding, coordinating, and controlling the activities of the firm.

Tuesday, March 29, 2011

Blogger Tip: Install Social Network Plugin On Blogger

Social network is a tool to promote a page or URL to friends, visitors, or public. Many social nework plugin are available and you can get it either individually or groups. Individual social network plugins are such as Facebook, Twitter, Google Buzz, StumbleUpon, Digg, Delicious, and Yahoo Buzz. Example of group social network plugin are ShareThis and Addthis. By using this group social network, you can share a page easily. AddThis and ShareThis provide the plugin you like to choose, while individual social network, you have to install manually.

Thursday, March 10, 2011

Objectives of Financial Reporting by Business Enterprises (FASB-CON No 1)

Financial Accounting Standard Board - Statement of Financial Accounting Concepts No. 1 stated that financial reporting includes not only financial statements but also other means of communicating information that relates, directly or indirectly, to the information provided by the accounting system—that is, information about an enterprise's resources, obligations, earnings, etc. Management may communicate information to those outside an enterprise by means of financial reporting other than formal financial statements either because the information is required to be disclosed by authoritative pronouncement, regulatory rule, or custom or because management considers it useful to those outside the enterprise and discloses it voluntarily. Information communicated by means of financial reporting other than financial statements may take various forms and relate to various matters.

The summary of FASB-Statement of Financial Accounting Concepts No. 1: Objectives of Financial Reporting by Business Enterprises (SFAC-CON No 1) is as follows:

  • Financial reporting is not an end in itself but is intended to provide information that is useful in making business and economic decisions.
  • The objectives of financial reporting are not immutable—they are affected by the economic, legal, political, and social environment in which financial reporting takes place.
  • The objectives are also affected by the characteristics and limitations of the kind of information that financial reporting can provide.
    • The information pertains to business enterprises rather than to industries or the economy as a whole.
    • The information often results from approximate, rather than exact, measures.
    • The information largely reflects the financial effects of transactions and events that have already happened.
    • The information is but one source of information needed by those who make decisions about business enterprises.
    • The information is provided and used at a cost.

Wednesday, March 9, 2011

How To Write Number In Words Using MS Access Visual Basic Application

Example is like this: 8,630.15 will be spelt "Eight thousand six hundred thirty dollars and fifteen cents" (see below sample picture).


Numbers in English are associated with the singular and plural of a word. Using Microsoft Access-Visual Basic Application, we can write numbers in English words just like words for amounts written in a formal document such as invoice and check (cheque).

Thursday, February 17, 2011

How to Unfollow or Stop Following a Blog in Google Friend Connect

Following a blog of blogspot.com using Google Friend Connect (GFC) is easy. You just click the follow button, sign in using your account, click follow, and finish. But what if you want to unfollow or stop following blog that you are following in GFC?

Customize Your Facebook Like Button More Specific

Facebook Like (F Like) button is one of the most popular features provided by Facebook Social Plugins. It is used to express our opinion to our Facebook friends that we like a page in a site and suggest them to read the page.


For example, if you like this page, then you can press/hit F Like button and tell your friends listed in your Facebok friend's list to read this page. Do you know how to customize this F Like button work in a more specific items in your page, rather than in a page itself?

Suppose that your page has one or more pictures, and your friends or visitors like one of the pictures, then they can press/hit F Like button to this picture. With these more specific F Like buttons in a page, visitors or your friends may like not only the page but also the detail contents of your page also.

Thursday, January 13, 2011

Survive in Emergency or Bad Situation

For those of you who like mountain climbing, journey in the forest, canoing, or rafting, anticipating emergency or bad situation is very important.
Garmin GPS 60CSx Handheld GPS NavigatorHighgear AltiTech Computer Watch with Altimeter, Compass, and Thermometer (Green)X20 Universal Adult Life Jacket Vest - Blue & BlackDorcy 41-4750 180 Lumen High Flux LED Cyber Light Flashlight with BatteriesZippo High Polish Chrome Pocket LighterTech4O Northstar CW2 Compass Watch

Preparation for handling emergency is indeed very simple. Before you go for a journey, make sure that all standard emergency survival kits are ready. Standard emergency survival kits consists of first aid kit, flashlight, matches, compass (if possible bring GPS navigation tool), life vest, etc. For kits that need battery power, make sure also they are fully charged. Put the standard emergency survival kit into one place that is light enough, well-built, water proof, easy to identify, and reachable.

When the bad situation really happens, do not be panic. Panic is more dangerous than fear. This is not easy to apply, but you must do that. Be calm and keep positive thinking are the keys, also.

How To Survive If Lost In the Forest

Monday, January 10, 2011

Hoax News of Facebook Will End on March 15th, 2011

“Facebook has gotten out of control,” said Zuckerberg in a press conference outside his Palo Alto office, “and the stress of managing this company has ruined my life. I need to put an end to all the madness.”

Mark Zuckerberg announced that Facebook will be shut down in March. Managing the site has become too stressful.

Zuckerberg went on to explain that starting March 15th, users will no longer be able to access their Facebook accounts.

“After March 15th the whole website shuts down,” said Avrat Humarthi, Vice President of Technical Affairs at Facebook. “So if you ever want to see your pictures again, I recommend you take them off the internet. You won’t be able to get them back once Facebook goes out of business.”

Zuckerberg said that the decision to shut down Facebook was difficult, but that he does not think people will be upset.

“I personally don’t think it’s a big deal,” he said in a private phone interview. “And to be honest, I think it’s for the better. Without Facebook, people will have to go outside and make real friends. That’s always a good thing.”

Some Facebook users were furious upon hearing the shocking news.