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The Demise of and Hope for American Capital
What is the root cause of the financial crisis? It's not money. Money is a symptom, not a cause. The cause is deeper, more pervasive and more troublesome. Thinking that "capital injection" is the solution is like pouring gasoline on fire, hoping to extinguish it. Think again.
Rectification Of Accounting Errors
Every businessman is interested in finding out the true profit and correct financial position of his business at the close of the trading period. The effort of the accountant is to prepare the final accounts in such a fashion which exhibits true picture of the business. Accounts are considered to be authentic proof of true financial position of a concern. But in spite of best efforts there are certain transactions which are omitted to be recorded or entered wrongly in the books. Such errors affect the final accounts. An accountant should, therefore, try to locate such errors and rectify them before the preparation of final accounts.

Other correctness Related Articles

Think Like a Steward, Perform Like a Patriot
Political correctness – at least the contorted, silly version – is not high on my list of obligatory behaviors. I’ve certainly never deliberately used language likely to offend or disrespect, but I generally refuse to participate in society’s love affair with euphemisms. For me, a garbage collector is a garbage collector, not a “sanitation engineer.” Collecting garbage may not be glamorous, but it’s a necessary and honorable occupation. If my garbage collector went on strike I’d miss him a lot sooner than I’d miss a sportscaster or politician who walked out on the job. But there’s at least one verbal adjustment that I gladly make. In describing someone’s employee or assistant, I no longer use the term “subordinate.” More >>
Metric Synchronization Versus Standardization The Real Value Behind IEE Smarter Solutions Profile
“Like a politician stumping for votes, proclamations by senior executives (and many industry pundits) that people and not technology are what is important rarely translates from the realm of oratory pontification into meaningful real-world application. This is due in large part to the fact that outside of the framework of political correctness, communication as Bill McAneny offered in his book Frankenstein’s Manager – Leadership’s Missing Links is actually a desire and not a skill, a skill that is in short supply according to his findings. In fact, second only to the ubiquitous lack of people skills complaint, ineffective communication said McAneny is the most common charge leveled at an organization’s leadership.”

Tracking & Diagnosing Sales Performance
One of my clients was recently wrestling with a common business challenge - a contracted professional salesperson who was not delivering results. She was uncertain about the correctness of insisting on a report of his activities because her initial request had been met with, "I don't have time for that. I'm busy getting out there seeing people. What do you want: Sales or reports?" Like most "half truths" this one caused her some angst: She did want sales; activities were not what she was paying for - but the arrangement wasn't working, and she could not see why.

The Political Failures of the Baby Boomers, and the Challenges for the Next Generation
The Boomers' failures are distributed uniformly from Right to Left. But given the liberal-leaning Boomers' original rise from the 1960s counterculture, their weak-kneed absorption into the partisan political establishment is most ironic. The generation that fought for free speech and the right to question authority now enforces strict political correctness and quashes political dissent from their tenured posts in academia.

Mobile Home Parks - How to Spot and Identify Crime
Unless you have spent time in law enforcement, there are certain signs of crime that you would never notice as a result of your sheltered existence. However, there are important crime signals that every mobile home park owner should know, but that nobody will tell you due to political correctness.

How Much Of Our Lives Will We Let Them Take Over?
Sometimes I really have to wonder about the "political correctness" of California, one of my home states. In fact, in California, "political correctness" is really just a politically-correct term for "liberal insanity." And these days, it seems the state's PC Police have a real thing about the U.S. flag.

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