Types of Unemployment Overview: Unemployment is a macroeconomic problem that affects people and the economy as well. There are three types of unemployment as referenced by economists: Frictional, structural, and cyclical. Economists say that the economy is “fully employed” when…
Best economics books: When you read more, you get more stuff to think about. When you read more books, you get more experience from the life and career of different authors. The opinion and words described in the books help…
Statement of Financial Position Overview: A statement of financial position (formerly called a balance sheet) is a financial report about the financial position of an entity. It is a snapshot of the company’s financial condition at a specific moment in…
Types of financial statements: Financial Statements are the financial documents providing significant information about the financial activities of the business entity. These statements provide relevant financial data for internal and external users of accounting. The information in financial statements is…
Blockchain in Finance Overview: Technological innovations change the way of life and introduce new methods of business. Such innovations are capable of growing the global economy and making our everyday lives easier. Blockchain is one of the modern innovations. Most…
Unethical business practices: Business organizations are reluctant to embrace ethical practices and behaviors. However, they engage in unethical business practices to earn a big profit and capture a bigger market share, which is a common business goal for every organization.…
Objectives of Risk Management: Risk management involves the accurate and best possible methods to manage risks. It is the process to identify potential threats as early as possible and take all necessary steps to minimize and control its adverse impact…
Careers in Finance Overview: Careers in finance can be highly stimulating, fulfilling, and satisfying in today’s dynamic world. Individuals who plan to pursue a career in finance may be interested to learn which career opportunities are available there. However, it…