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A Journey of Innovation & Transformation

Top 10 U.S Colleges for an Accounting Degree

2/29/2016

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Accounting is a profession for those interested in math, business and have the skill to think outside of the box.  An accounting degree can open up many opportunities in varies industry's with rewarding compensation.

​USA Today has done most of the work for our young professionals by listing the "Top 10 colleges for an accounting degree".  The Accounting profession rules!
The only way to do great work is to love what you do.  If you haven't found it yet, keep looking.  Don't settle." - Steve Jobs
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Real Estate Accounting

2/29/2016

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Tips to Consider for Your Small Business

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Forget all the reasons it won't work and believe the one reason that it will." - Unknown
Accounting exist for our entrepreneurs in the real estate business also.  If real estate is your new business venture or if your a veteran to this industry, I found this article to be a great read with useful information.

​The full article is, Accounting in Real Estate - 4 Technology Tips.
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we all have a professional passion, what is yours?

2/28/2016

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Finding your career passion can be one of the most difficult things in life, in my opinion. Don’t get me wrong, some people have known since childhood – what they want to be when they grow up. But for the group of us that don’t, we should take the personal time and write down what it is we feel passionate about. ​
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What are your strengths?  Who inspires you? What do you enjoy the most about your current role? What are your skills? What are positive things mentioned in your company annual reviews?  What has your family always seen as your passion?
You can also think back to your childhood – where you into numbers, craft, drawing, coming up with new ideas, charts and graphs, art, acting or sports?  These are questions and thoughts that may lead you to deciding if a career change is in store for you.
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​Black Enterprise Magazine published an article, “Finding Your Professional Passion”.  Please take time to read and share with family and friends.
Do what you can, where you are, with what you have." - Teddy Roosevelt
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Does your Small Business offer a Pension Plan?

2/26/2016

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What is PBO?

Are you a small business owner planning to offer new or additional benefits to your employees? Have you discussed this idea with your accountant? Do you understand what this means for your business?

​The Houston Chronicle published an article, "How to calculate projected benefit obligation", for small business owners in which it provides insight to what a pension plan, specifically the PBO pension, means for management and the employee and how to calculate it.

​​The projected benefit obligation (PBO) is a pension concept in accounting. The PBO is the present value of an employee's pension. For a small business, the PBO will be an amount the company needs now in its pension plan to cover future pension obligations to its employees. Generally, companies will use an actuary for this calculation due to the complexities of pensions.
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Yesterday is not ours to recover, but tomorrow is ours to win or lose. – Lyndon B. Johnson
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Oil and Gas accounting 102

2/26/2016

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What Is Exploration Cost?

After acquisition cost comes exploration cost. Typical of exploration, cost are charges relating to the collection and analysis of geophysical and seismic data involved in the initial examination of a targeted area and later used in the decision of whether to drill at the location. 
Source:  Investopedia.com
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Prime yourself for success by elevating your mood. - Inc. Magazine
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