Category Archives: Interpretation

How Foreign Exchange System Works

What is the Foreign Exchange Market? The Foreign Exchange Market is the financial market in which currencies are bought and sold that is a transaction is entered into where a given amount of currency is exchanged for another amount of … Continue reading

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Should the Government Increase Regulation of the Credit Card Industry?

Should the government implement new regulations on the credit card industry? A recent Roper poll sponsored by Credit Card.com showed that 82% of the people interviewed considered it essential to have one or more credit cards. At the same time, … Continue reading

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Russia Outlook – Low Debt to Support Growth

Last year was a very difficult one for Russia. The currency depreciated, GDP contracted, and the Treasury ran the budget with a deficit and depleted the Reserve Fund by more than half. Unsurprisingly, since then and up until recently, the … Continue reading

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Composition in Landscape Photography

So you’re you’ve bought your camera gear, your tripod, your filters, your step ladder; you’ve found the perfect beauty spot and you know when the light is best. All that’s left now is the most important aspect of photography, which … Continue reading

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Seven Steps to Surviving the Recession

On October 11, 2007 I wrote an article in which I suggested that the credit crunch would be far worse than most people believed and that the impact on the stock market, the financial system, economic vitality and inflation could … Continue reading

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Beyond Basic Accounting Debits and Credits–CPA Exam Section Business Environment and Concepts

Good accountants should know basic accounting debits and credits. But a CPA needs to have a broader view of business and that’s why the AICPA along with each state Boards of Accountancy decided to add a new segment of the … Continue reading

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