The Role of FASB to Business. In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals ...

SWOT Analysis As a Basis for Regional Strategies. A SWOT analysis surveys the strengths (S), weaknesses (W), opportunities (O) and threats (T) in a business's internal and external environment. A ...

Staffing Strategies for Growing Companies. Taking a small business from start-up to success is much like parenting. Along with the excitement and joy, each phase presents new challenges. Where you ...

How Do Privately Held Companies Announce Revenue Growth?. A company reports the revenue it generates each accounting period on its income statement. Revenue growth is a sign of strength and ...

What Comes After a Recession in a Business Cycle?. The Cycle Dating Committee of the National Bureau of Economic Research maintains ongoing evaluation of the economic conditions in the United ...

In a preference capital budgeting decision, the company compares several alternative projects that have met their screening criteria -- whether a minimum rate of return or some other measure of ...

Common-size percentages, used in analyzing the balance sheet and also the income statement, are a calculation that sets each line item as a percent of one standard amount. On the balance sheet ...

Fair Labor Standards Act of 1938. The Fair Labor Standards Act, signed into law by President Franklin D. Roosevelt in 1938, set a minimum wage, overtime requirements and standards for child labor ...