http://www.business-competence.com/what-is-risk-management-blog.html Provides to managers and entrepreneurs business risk management best practices and appraisal skills. en-us business management Thu, 09 Feb 2012 11:45:07 GMT Thu, 09 Feb 2012 11:45:07 GMT business-competence.com http://www.business-competence.com/competence-news.html News Thu, 09 Feb 2012 11:45:07 GMT http://www.business-competence.com/Sandberg.html Sandberg The Facebook Lady Millionare Thu, 09 Feb 2012 11:42:38 GMT http://www.business-competence.com/passion.html Passion drives success.The most successful innovators are consistently portrayed as possessing a passion that borders on dogmatism. Thu, 09 Feb 2012 07:32:35 GMT http://www.business-competence.com/zuckerberg_may_need_to_fail.html Perhaps Zuckerberg might need to fail to inspire confidence, some think so. The forthcoming Facebook IPO gives us lots to talk about. Tue, 07 Feb 2012 15:18:19 GMT http://www.business-competence.com/invest-in-facebook.html Is it really Wise to invest in facebook? If you are considering buying into Facebook's initial public offering of stock, take a moment to ponder the St. Petersburg Paradox. Mon, 06 Feb 2012 06:43:19 GMT http://www.business-competence.com/buy-facebook.html Buy facebook? is what many are asking. Mon, 06 Feb 2012 06:27:47 GMT http://www.business-competence.com/facebook-ipo.html Facebook ipo filing could value the social network between $75 billion and $100 billion, putting the company on track for one of the biggest U.S. stock-market debuts of all time. Thu, 02 Feb 2012 15:30:41 GMT http://www.business-competence.com/obama-payroll.html Obama payroll growing Mon, 16 Jan 2012 15:38:25 GMT http://www.business-competence.com/private-equity.html Private equity provides long-term, committed share capital, to help unquoted companies grow and succeed. Sat, 12 Nov 2011 11:06:43 GMT http://www.business-competence.com/first-grader.html The first grader a movie about Kenya's new wake in the education sector features Kimani Maruge who is in the Guiness Book of world records as the oldest primary school student. Fri, 10 Jun 2011 08:53:36 GMT http://www.business-competence.com/citigroup.html Citigroup Inc. plans to send replacement credit cards to about 100,000 North American customers after its systems were breached by a hacking attack affecting about 200,000 accounts. Fri, 10 Jun 2011 08:01:17 GMT http://www.business-competence.com/mark-zuckerberg.html Mark Zuckerberg was born in 1984 in White Plains, New York to Karen and Edward Zuckerberg, a dentist. Thu, 12 May 2011 09:03:30 GMT http://www.business-competence.com/founding-facebook.html Founding facebook is a story that has always sounded incredible. Thu, 12 May 2011 08:49:16 GMT http://www.business-competence.com/microsoft-to-acquire-skype.html Microsoft to acquire skype in a deal if successful will see skype acquired at price of USD 7 to 8 billion. Tue, 10 May 2011 11:58:59 GMT http://www.business-competence.com/chief-executives-salaries.html Chief executives salaries at the biggest U.S. companies had a jump sharply in 2010, as boards rewarded them for strong profit Mon, 09 May 2011 11:32:19 GMT http://www.business-competence.com/internet-tracking-bill.html WASHINGTON, D.C. An internet tracking bill with bipartisan support would prohibit companies from tracking children on the Internet without parental consent Sun, 08 May 2011 13:45:04 GMT http://www.business-competence.com/china-fines-unilever.html Showing a willingness to control rising prices with aggressive tactics, Chinese authorities on Friday fined consumer-goods maker Unilever PLC for talking publicly about planned price hikes Sat, 07 May 2011 06:54:06 GMT http://www.business-competence.com/silicon-valley.html Silicon Valley is in the midst of another start-up boom, but the money isn't flowing evenly to all newcomers Sat, 07 May 2011 06:22:41 GMT http://www.business-competence.com/financial-accounts.html The primary objective of financial accounts audit is to check accuracy of the financial statements. Enhance confidence that the information in the statements is free from material misstatement. Tue, 03 May 2011 09:40:53 GMT http://www.business-competence.com/materiality.html The concept of materiality should be applied from planning and performing of an audit Tue, 03 May 2011 09:39:52 GMT http://www.business-competence.com/audit-planning.html The main objective of audit planning is to ensure appropriate attention is given to all areas of the audit. More attention should be devoted in auditing high risk of the entity. Tue, 03 May 2011 09:38:20 GMT http://www.business-competence.com/audit-risk.html Audit risk is the risk that the auditor may give an inappropriate opinion on the financial statements. That is he may give an unqualified opinion in a situation that required a qualified opinion. Tue, 03 May 2011 09:36:51 GMT http://www.business-competence.com/inherent-risk.html An auditor must use professional judgment and available knowledge to assess inherent risk where there is no information then the risk is assessed as high. Tue, 03 May 2011 09:35:19 GMT http://www.business-competence.com/managing-audit.html When managing audit risk levels, an auditor will want her overall audit risk to be reduced to a level she is wiling to accept otherwise it will not be worthwhile for her to carry out the audit at all Tue, 03 May 2011 09:34:10 GMT http://www.business-competence.com/setting-materiality.html Setting materiality during audit is an important task for an auditor in order to pick a representative sample and also gives assurance that no major risks have been left undiscovered. Tue, 03 May 2011 09:32:57 GMT http://www.business-competence.com/audit-evidence.html Audit evidence refers to information obtained by the auditor in arriving at the conclusion on which his audit opinion is based on. ISA 500 requires an auditor to obtain sufficient audit evidence Tue, 03 May 2011 09:31:29 GMT http://www.business-competence.com/audit-evidence-collection.html Auditors used different methods of audit evidence collection. The following are some of the popular methods: Tue, 03 May 2011 09:30:21 GMT http://www.business-competence.com/market-information.html Market information is key in a business plan. You need to convince the private equity firm that there is a real commercial opportunity for the business and its products and services. Tue, 03 May 2011 09:28:43 GMT http://www.business-competence.com/Business-management.html Your business management team profile is critical since private equity firms invest in people who have run or who are likely to run successful operations. Tue, 03 May 2011 09:27:35 GMT http://www.business-competence.com/business-operations.html Business operations section of the business plan should explain how your business operates, including how you make the products or provide the service. Tue, 03 May 2011 09:26:15 GMT http://www.business-competence.com/financial-requirements.html State the financial requirements for your business and from what sources (i.e. management, private equity firm etc Tue, 03 May 2011 09:25:11 GMT http://www.business-competence.com/business-plan-writing.html Business plan writing is very critical when raising finance for your business Tue, 03 May 2011 09:23:53 GMT http://www.business-competence.com/business-products.html Business products profile will explain the companys product or service in simple language. If the product or service is technically orientated this is essential... Tue, 03 May 2011 09:22:40 GMT http://www.business-competence.com/financial-plan.html Financial plan is most critical in a business plan. Developing a detailed set of financial projections will show how the business will perform financial wise. Tue, 03 May 2011 09:20:57 GMT http://www.business-competence.com/business-plan-presentation.html When preparing your business plan presentation bear several points in mind Tue, 03 May 2011 09:18:41 GMT http://www.business-competence.com/business-plan-executive-summary.html Business plan executive summary is the most important section of the business plan and is often best written last. Tue, 03 May 2011 09:15:43 GMT http://www.business-competence.com/Cash-management.html Business cash management concerns cash collections, controlling disbursements, covering shortfalls forecasting cash needs, investing idle funds and compensating the banks that support these activities Fri, 29 Apr 2011 12:12:07 GMT http://www.business-competence.com/business-budgeting.html Business budgeting is an exercise that all accountants undertake on an annual basis and which forms an integral part of any successful business planning. Fri, 29 Apr 2011 12:10:33 GMT http://www.business-competence.com/audit-plan.html Internal audit plan starts from the establishment of the internal audit department in an organisation. Establishing an internal audit department can be a daunting task..... Fri, 29 Apr 2011 12:08:31 GMT http://www.business-competence.com/about-us.html About us Wed, 19 Jan 2011 08:12:06 GMT http://www.business-competence.com/index.html Business-competence.com is a business management resource focused on business and personal finance management. Thu, 11 Nov 2010 19:06:02 GMT http://www.business-competence.com/capital-structure.html Capital structure theory emphasize on the balance between debt and equity. Due to tax debt is considered a cheaper method of capitalization than equity however its risky to leverage excessively. Thu, 11 Nov 2010 13:52:35 GMT http://www.business-competence.com/capital-budgeting.html Capital budgeting often sends financial managers in a swirl before they decide what decision to make of the several investment options at their disposal. Thu, 11 Nov 2010 13:52:00 GMT http://www.business-competence.com/intelligent-investor.html An intelligent investor thinks like a banker and he scores better than the novice investors. Wed, 10 Nov 2010 16:34:03 GMT http://www.business-competence.com/upload-your-own-page.html Upload you own page Tue, 09 Nov 2010 12:34:47 GMT http://www.business-competence.com/stock-investment.html When evaluating a stock investment option you need to make several considerations stock valuation, strategy, plans for diversification and appetite for risk. Mon, 08 Nov 2010 12:49:10 GMT http://www.business-competence.com/mutual-fund.html A mutual fund pools together the funds of member investors and invests on their behalf. The great advantage of mutual funds is that it invests in diversified large portfolios. Mon, 08 Nov 2010 09:38:58 GMT http://www.business-competence.com/buying-stock.html Buying stock requires one to go through a broker and most importantly have to choose if you want to buy the stock online or through a face to face broker Mon, 08 Nov 2010 09:38:17 GMT http://www.business-competence.com/bonds.html bonds are a form of debt given by individuals to a government or organization to finance a particular activity. A government may issue bonds to finance infrastructure, projects or budget deficits Mon, 08 Nov 2010 09:36:38 GMT http://www.business-competence.com/internal-audit-software.html Internal audit software provide an organized, efficient approach to completing and documenting internal audits. The software often allows team members to share and review work papers at any time. Mon, 08 Nov 2010 09:33:48 GMT