Top 5 HR Challenges International Companies Face
Beckham recommended that HR take the lead in establishing diversity, equity, inclusion, and belonging (DEIB) groups, which are generally staff-led working groups or task forces that develop and promote strategies and initiatives for their workplaces. These can be fertile ground for exchanging ideas and information, and can provide valuable diversity […]
Human Resource Management in Multinational Corporations
Successful organizations work together with their people to create personalized, authentic, and motivating experiences that tap into purpose to strengthen individual, team, and company performance. Before hiring employees in a new country, set aside time to research the local and federal labor laws. This will ensure you are aware of […]
The new possible: How HR can help build the organization of the future
In this model, CHROs transition HR accountability to the business side, including for hiring, onboarding, and development budgets, thereby enabling line managers with HR tools and back-office support. This archetype also requires difficult choices about rigorously discontinuing HR policies that are not legally required. Too much oversight, slow response times, […]
What Is the Economic Order Quantity? EOQ Formula, Calculator, Example
EOQ can help you better understand how much you need to re-order and how often. By calculating how much you need based on how much you sell in a given period of time, you can avoid stockouts without having too much inventory on hand for too long. You may be […]
Elite Tax Services, LLC Better Business Bureau® Profile
Meet with one of our knowledgeable preparer’s to have your taxes prepared quickly and filed electronically for the best price. Even if you use a tax filing software app it won’t always know the right questions to ask you in the information gathering process. There’s just no substitute for an […]
El Paso Texas weather: Expect sunshine for Sun Bowl football game
Most of our staff is college educated in accounting or finance and has passed rigorous tests and examinations in order to ensure they are knowledgeable and qualified. We are working behind closed doors from 10AM to 4PM to ensure your needs are met as our loyal customer. Please note that […]
Revenue Recognition Principles, Criteria for Recognizing Revenues
Organizations must ensure an accurate estimation to avoid overstatement or understatement of revenue. If the Capex was expensed as incurred, the abrupt $100 million expense would distort the income statement in the current period — in addition to upcoming periods showing less Capex spending. In contrast, cash-basis accounting would record […]
Revenue Recognition Principles: A Thorough Explanation of Accounting and Reporting Rules
Overall, the “matching” of expenses to revenues projects a more accurate representation of company financials. When this matching is not possible, then the expenses will be treated as period costs. The principle also requires that any expense not directly related to revenues be reported in an appropriate manner. For example, […]
Tax United States
At EP Tax Service LLC, we specialize in supporting small businesses by offering a comprehensive suite of bookkeeping and tax services. Allow us to manage your bookkeeping needs, freeing up your time to focus on what truly matters – steering your business toward success. We offer professional bookkeeping and tax […]
Return on Common Equity Formula Example
Since most investors are common shareholders, it’s not uncommon to see this formula adjusted to account for any profit that’s earmarked for the payment of preferred share dividends. It measures the returns that a company can generate from the equity that its common shareholders have invested in it. This key […]