Money & Finance | Business Tips Philippines

What the Love of Money Can Do to a Person

October 4, 2011 Vic Leave a Comment

The love of money is the root of all evil. People may know this but they can’t tell. The love of money can make a person greedy, And to all the people who are richer than him, he has envy. A person who loves all his money has a lot of pride. Thus, he forgets to live a humble … [Read more...]

October 2011 CPA Board Exam Results and List of Passers

October 1, 2011 Business Tips 2 Comments

On October 8-9 and 15-16, 2011, at the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo and Legazpi, the Certified Public Accountants (CPA) board exams were held. Usually, the Professional Regulation omission (PRC) releases the CPA board results just the day after … [Read more...]

Win $100 (One Hundred Dollars) by Liking Us on Facebook

September 23, 2011 Vic 23 Comments

Just hit the LIKE button for the BusinessTips.Ph page on Facebook and you can have a chance to win cash worth $100 (One Hundred Dollars)! Yes, that’s how simple, easy and quick it is! You can even do it in a few seconds if you are now logged in to your Facebook account. This is … [Read more...]

What are Notes to Financial Statements and their Purpose?

September 16, 2011 Vic 1 Comment

What are notes to financial statements and what is their purpose? The financial statements tell us about the important financial information of a certain business or entity which also help us make more informed judgments, such as whether we should infuse more capital or not to … [Read more...]

What is a Statement of Changes in Equity and its Purpose?

September 14, 2011 Vic Leave a Comment

What is a statement of changes in equity and what is its purpose? A statement of changes in equity is a separate component of financial statements. It presents an entity’s total comprehensive income for the period (profit or loss plus other comprehensive income for the period), … [Read more...]

What is a Cash Flow Statement in Business?

September 13, 2011 Vic 1 Comment

What is a cash flow statement and what is it for? The statement of cash flow, together with the balance sheet (statement of financial position), statement of comprehensive income (income statement), statement of changes in equity, and accompanying explanatory notes to financial … [Read more...]