Finance

Finance content for professional development.

Top 27 Financial Management Software (List for 2023)

There’s a blurred line between “personal” and “business” financial management software (FMS). Understanding this will help you make a good choice. Most entrepreneurs run sole proprietorships or disregarded LLCs, so business and personal expenses like gas and phone get mixed together. You could use two apps, but shouldn’t your financial management software support the way […]

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17 Best Communication Courses Online (2023)

Communication requires training. Even so-called “natural communicators” like Jim Rohn use continued learning to expand their influence and to build better relationships. “Take advantage of every opportunity to practice your communication skills so that when important occasions arise, you will have the gift, the style, the sharpness, the clarity, and the emotions to affect other

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PluralSight vs. Udemy: Which is Better? (2024 Review)

Skill acquisition is important, whether it’s to pivot directions or diversify your assets for professional development. Examples include pivoting from finance to data analytics, or getting certified for AWS Cloud Computing. We’re in luck because e-learning platforms like PluralSight and Udemy provide digital spaces to do just this. The challenge is that it’s hard to

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Other Gain: Definition, Examples, Synonyms & Journal Entries

Everyone knows companies earn income by selling products and services, and some people know companies can earn income by selling assets for more than their book value (gains). However, few people outside the world of finance know that companies earn income on changes in market conditions such as foreign exchange rates and stock prices. When

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Out Flow (Cash Outflow in Accounting): Definition & Examples

The term “outflow” might seem like an overzealous way to say “payment,” but in accounting, it’s a critical concept. Accountants record purchases when they occur, NOT when cash is sent. This means they need a different word for cash movements. This article defines outflow and provides examples for different scenarios so you have a complete

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Other Interest: Definition, Types, Examples, & Rates

In business, the term “interest” can refer several concepts: interest paid or earned on lent money, an person’s economic stake in commercial activities, contractual participation of company executives/shareholders in affiliated companies (such as suppliers), and more. Other interest is a term used in financial reporting to denote the above concepts when they are not significant

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