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What’s an allowance for poor debt? It really is a question that has been the bugbear of accountancy students worldwide. But, it is among the most basic points in this subject and needs to be mastered. The best way to do accounting for allowance for bad debt expense? why does…

In the current economic climate foreclosures and short sales have become more commonplace. When a taxpayer negotiates with a creditor to settle his/her debt that is $600 or more, then the taxpayer should know that he/she will receive a Form 1099-C (Cancellation of Debt) from the financial entity, which may…

You eat well, exercise daily, and in general, lead a health lifestyle. Qualifying for life insurance should be pretty easy! there is that little issue of a chronic lead foot in your re-created General Lee and multiple speeding tickets but hey…you’re Vegan! Driving record definitely affects your ability to qualify…

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by NR INDRAN / INT Mumbai: Birla Sun Life Asset Management Company is launching Birla Sun Life Fixed Term plan – Series DM, a close-ended income scheme. The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the…

Sound Advice from Jeff York With loan interest rates at record lows, you might be considering rearranging your debt to help your monthly budget. Lowering the interest cost on your consumer loans means you pay less—right? well, not always. Consolidating debt can make good sense, but what is good in…

Education: Bachelor’s Degree or professional level of knowledge in a specialized field, or equivalent related experience preferred. Experience: 9 – 11 years or Master’s Degree equivalent plus 7 – 9 years. Knowledge: Extensive level of professional knowledge in field across multiple disciplines and broad business segment. Extensive knowledge of management…