business risk

Learn how to classify debt with covenants and the importance of understanding the different types of debt covenants. Get tips on how to properly classify debt and the potential consequences of not doing so. “

Learn how to classify debt due on demand and the importance of proper accounting practices. Get tips and advice from experts on how to properly manage your debt and stay on top of your finances.

Bad debt and doubtful debt are two terms used in accounting to describe the status of a debt. Bad debt is a debt that is unlikely to be collected, while doubtful debt is a debt that may or may not be collected. The main difference between the two is the degree of uncertainty. It is important to understand the difference between bad debt and doubtful debt in order to properly manage a company’s finances.

Underwriting risk is a major factor in the insurance and securities industries. It is the risk that an insurer or securities issuer will incur losses due to the inability to accurately assess the risk of a particular policy or security. This article will discuss the various types of underwriting risk, the methods used to assess and manage this risk, and the potential consequences of failing to properly manage underwriting risk. It will also provide insight into how insurers and securities issuers can reduce their exposure to underwriting risk and ensure that their products are properly priced and managed.

In today’s rapidly changing business landscape, having a well-defined set of accounting policies and procedures is crucial for organizations of all sizes. An accounting policies and procedures manual serves as a roadmap for the accounting internal control of your financial operations, ensuring consistency, accuracy, and compliance. In this article, we will delve into the key […]

Mistakes are an inevitable part of running a business. It is a common practice that a business faces a drawback due to an unpredictable financial mistake. Some blame it on ignorance, some on lack of professional guidance, while others are simply trying to find someone to blame. What financial mistakes put business at risk?

Giving your customers credit is like lending them cash. Internal control should include credit policy and processes just like it covers how cash is handled.

Startup business risks and entrepreneurship often go together. After all, building a business involves fulfilling a need with unique solutions, and no solutions can be created successfully without trial, error, and continuous testing. How do you reduce startup business risks in the early stages?

Running a successful company puts a lot of pressure on the business owners to deliver recurring cash flow that can be counted on at home. How do you manage business and personal finance?