Forensic Audit
Forensic auditing is a specialty in the accounting industry, and most accounting firms have a forensic audit department. It covers a wide range of investigative activities, often conducting steps to prosecute a party for fraud, embezzlement, or other financial crimes. It could also involve situations, such as disputes related to bankruptcy filings, business closures, and...
Hostile Takeovers vs. Friendly Takeovers:
What's the Difference?
Companies often grow by taking over their competitors, acquiring a hot startup, or merging with the competition. Public companies need the approval of their shareholders and board of directors in order to get a deal done. However, if managers are against an acquisition, the acquiring company can still make efforts to win the...Release hidden cash from your balance sheet
Company's income statement is typically the first stop for management teams seeking ways to reduce debt-to-equity ratios, improve profitability, and increase resilience. That’s for good reason: Creating long-term value requires sustainable growth, as well as changes to margins and cost structure. Yet few companies give much thought to the assets and liabilities on a balance sheet...
A brief history of a leading innovator
McDonald's
McDonald's was the first central international fast-food restaurant that had a first drive-thru window. Today, McDonald's continues to lead the innovation in the fast-food industry.McDonald's history dates back to the late 1940s when Richard and Maurice McDonald opened a restaurant featuring 15 cent hamburgers. Their service system caught the eye of Ray Kroc, who distributed...Conducting a feasibility study
Considering conducting a feasibility analysis to investigate the viability of a potential business Idea ? Answering the following questions will help you through the process. By using these as a guide, it will help you move through the process efficiently while helping you get the most out of the analysis. ⇰ WHATAn assessment of the practicality...
Hertzberg’s Motivation Theory and increased Productivity
