Rules

The number of FASB rules is a mystery to finance pros. There isn’t and exact answer, but it’s vital to grasp the intricacy and depth of the Financial Accounting Standards Board’s regulations. The FASB takes charge of US accounting standards, for transparency and uniformity in financial reports. Topics, such as revenue recognition, financial instruments, leases, […]

If you’re confused about the difference between protocols and policies, this article is for you.

Do policies and procedures go together in any organization or institution? Yes, they do! Policies provide a framework for decision-making and guide individuals on how to handle various situations. But can you have a procedure without a policy? Not as straightforward as it seems.

If you’re confused about the terms protocol and procedure, this article is for you.

Professional rules of accounting are essential for ensuring the accuracy and reliability of financial reports. They are a set of guidelines that accountants must adhere to when preparing financial statements, which are the primary source of financial information for decision makers. What are the professional rules of accounting?

Satellite cybersecurity solutions are more critical than ever due to the uprise in cybersecurity risks that the maritime industry is facing. What is IMO 2021 Compliance?

Extension cords are invented as a temporary solution for transmitting power to electrical devices located away from the power outlet. Generally, everyone needs to be careful with wires, especially those with voltage. What should workers check for before using extension cords?

Remote work is becoming more common, and with it comes with a significant amount of freedom. People with this privilege are usually in control of how they get things done, and some of them determine their hours. This flexibility often makes it easy to succumb to domestic distractions and interruptions from personal life. How to […]