Importance of business math in accounting

Importance of business math in accounting

The importance of business math in accounting has been significantly noted around the world. Human resources and public administration do not necessarily need mathematics compared to computer science. Even though in the course curriculum it’s possible to find some accounting principles and studies. Business mathematics in accounting for Commercial, Government, and Business organizations use mathematics in …

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Human Resources Planning Process

What is the human resource planning

What is human resource planning? The human resource management process ensures quality employees are the backbone of any organization. Human resource planning (HRP) is a much-needed tool for the maintenance and improvement of quality administration. This is the continuous process of systematic planning ahead to achieve optimum use of an organization’s most valuable asset. Significantly, …

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Accounting and finance (Difference)

the difference between accounting and finance

Finance process and accounting are closely related terms, hence from different aspects of life, work, management, banking, and business people are interested in learning about the difference between accounting and finance, including the key similarities between finance and accounting Before we think about the similarities between the Accounting process and Finance we need to establish …

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Pillars of public administration

Pillars of public administration

Understanding the six pillars of Public Administration can only be possible if we clearly define the subject. Public Administration is basically the implementation of government policies, in which these 6 pillars of public administration are of great importance today. In the modern-day world, it is often regarded as including also some responsibility for determining the …

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Public Administration & Bureaucracy(Differences)

Difference between public administration and bureaucracy

There is a huge difference Between public administration and bureaucracy, while it is very easy to mistake public administration for Bureaucracy, the two are completely separate phenomena. Before delving further into the characteristics that separate both, a course brief explanation of what each one is the first line of separation. While Bureaucracy is description of …

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Management As A Science, Art & Profession

Management as a science art and profession

What does management as a science art and profession mean? There have been many conceptions regarding what category management really falls under and it is quite interesting to note that the trade falls under more than one. Because there are well tested and experimented principles of public administration, management is regarded by some scholars as …

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Importance Of Communication In An Organization

Importance Of Communication In An Organization

Communication is key in whatever aspect of life you may think of and nothing works without it. This exchange of information works for various function including; getting work done, giving feed back, making known new developments among others. In an organization, importance of communication in an organization has to be systematic and effective. Basic functions …

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How To Calculate Depreciation Of Assets

Calculate Depreciation Of Assets

Most people scare away from investing in assets because there’s a lot of talking around depreciation of assets. This talk lacks substance and clarity as the depreciation does not exist in isolation. Appreciation is equally effective too as explained in other articles. People also need guidance on how to Calculate Depreciation Of Assets (for the …

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Examples of good governance

Examples of good governance

The main characteristics of good governance today and examples have been clearly defined by the World Bank. According to trusted sources for democracy and human rights. The term good governance has been coined from key features in public administration, which include the following examples of good governance. The term “Good Governance” was derived from democratic …

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Examples of bureaucracy organizations

examples of a bureaucratic organization

Bureaucracy is an important that defines organizations and institutions government through structured rules and regulations to promote efficiency, effectiveness. According to Max Weber Bureaucracy has 6 principals include; fairness, recruitment on merit, division of labor, chain of command, uniform rules, specialization and working procedures. Read this article, to know characteristics of Bureaucracies. Find examples of …

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