The Sarbanes-Oxley Act of 2002 | Accounting and Ethics
The Sarbanes-Oxley Act of 2002 is a significant legislation aimed at increasing accountability and transparency in U.S. corporations. It was implemented in response to notable accounting scandals that shook the business world, with the intention of preventing similar incidents in the future. The Act also placed corporate governance requirements on public companies, such as Sarbanes-Oxley. […]
Introduction to Operating Costing in Cost Accounting
Operating Costing in Cost Accounting Operating costing provides information about the cost of operating a company’s production facilities. It includes the costs of raw materials, labour, and other expenses incurred in the production process. This information is used to determine the selling price of the company’s products and to assess the profitability of its operations. […]
What are zero coupon bonds and why do people invest in them?
What is a Bond? A bond is an obligation of a government, a company or an individual to pay a sum of money back to you at some time in the future, often with interest. Normally this sum would be repaid in small amounts on a regular basis, for example, a weekly payment. A bond […]