Professional Accounting Bodies in Australia

What is an accountant? According to the Australian Accountants Directory, they are “an accounting practitioner, which is the measurement, disclosure or provision of assurance on financial information that helps managers, investors, tax authorities and others make decisions about the allocation of resources” (“About accountantsAs you may know, different areas of the world have different professional …

Old Stock Certificates Can Hit Major League Prices

Sitting in the back of many dusty filing cabinets and drawers can be a little treasure for the unsuspecting. While your portfolio may have dwindled during the last bear market, your previous stock certificates may be worth more than the original stocks they once represented. The old stock certificates have become quite valuable. Electronic record …

Causes of overcapitalization and how to overcome it in your company

Overcapitalization is “when the company’s securities are issued in excess of their capitalized earning power.” Overcapitalization demoralizes equity shareholders who have invested their savings in buying stocks. They don’t get dividends because the company doesn’t make enough profit to declare them as dividends. This state can also imply a shortage of capital. It is a …

How Does Your Business Ownership Affect Your Workers’ Compensation Insurance Premium?

When you decided to start a business and considered all the options and benefits associated with different types of property, it probably never crossed your mind that your choice could affect the amount of premium you pay for workers’ compensation insurance coverage. Your type of operation and the number of employees not only affect your …