Sadly, in the modern international business environment, bribery trouble has become a fact of life. Often its considered as the cost of doing business. Corruption is ubiquitous and persistent across much of the globe. In many places it is woven into the fabric of society. It should go without saying but payoffs, bribes or gifts […]
The primary objective of a business entity is to make profit and increase the wealth of its owners. The wealth grows many fold when the business starts to build capital assets. To find the true value behind the capital assets across time, understanding accounting for capital assets is important for any entrepreneur.