Sunday, December 29, 2019

How to Tell Your Parents You Want to Drop Out of College

If you are considering dropping out of college, you likely have one or more good reasons. Whether youre basing the decision on something personal, financial,  academic, or a combination of factors, leaving school is likely something to which youve given a great deal of thought. While the benefits of dropping out may be clear to you, its a good bet that your parents are going to have major concerns. Talking to them about dropping out may not be easy. As hard as it is to know where to begin the conversation or what to say, the following advice may be of help. Be Honest Dropping out of college is a big deal. Your parents get it. Even if they had some idea that this conversation was coming, they likely arent going to be too pleased about it. Consequently, you owe it to them—and yourself—to be honest about the main reasons driving your decision. Are you failing your classes?Not connecting socially with others?Do you want to change your major and realize this isnt the right school?Are the financial obligations overwhelming? If you expect to have an honest, adult conversation about dropping out, youll need to contribute your own honesty and maturity as well. Be Specific As accurate as general statements, such as I just dont like it, I dont want to be there, and I just want to come home might be, theyre also vague and therefore not particularly helpful. Theres a good chance that your parents have no idea how to respond to general statements of this sort—other than to tell you to get back to class. If, however, youre more specific—you need time off from school to figure out what you truly want to study; youre burned out and need a break academically and emotionally; youre concerned about the cost of your education and paying off student loans—both you and your parents can have a constructive conversation regarding your concerns. Explain What Dropping out Will Accomplish To parents, dropping out often carries with it end of the world overtones because its such a serious decision. To assuage their concerns, it will help if you can explain to your folks what you hope to accomplish by leaving school. Dropping out of your current college or university might seem like the answer to all your problems right now, but it should really be looked at as only one step in a longer, more carefully thought-out process. Your parents are going to want to know youll be doing with your time instead of attending college. Will you work? Travel? Do you think you may want to re-enroll in a semester or two? Your conversation shouldnt just be about leaving college—it should also include a game plan for moving forward. Be Aware of the Consequences Your parents will likely have a lot of questions for you about whats going to happen if you drop out: What are the financial consequences?When will you have to start paying back your student loans, or can you put them on deferment?What happens to any loan or grant money youve already accepted for this term? What about lost credits?Will you be able to re-enroll at your institution at a later time, or will you have to reapply for admission?What obligations will you still have for any living arrangements youve made? If you havent thought about these things already, you should. Having answers to questions such as these before you have the talk can be a big help in putting your parents minds at ease because they will see its not a decision youre making lightly. Remember, your parents can be great resources for helping you keep your focus on whats most important in this difficult time. The key, however, is to fully engage and work in partnership with them to make the transition as painless as possible for everyone involved. Final Thoughts on Dropping Out Depending on your circumstances, your heart and mind might be set on leaving school as quickly as you can. If at all possible, however, you should wait out the situation until the end of the current semester. Finish up your classes as best you can, even if you dont plan to return. It would be a shame to lose credits and have your academic record marred by failed grades in the event you do want to transfer to another school or re-enroll sometime in the future.

Saturday, December 21, 2019

An Article On Making Strange Exercise - 2635 Words

Making Strange Exercise In this article, I am going to introduce a house that is widely bought by the majority of people on earth. Although it is not that grandeur, this rectangular block still functions as a living area efficiently. The size of the house is decided by the construction company and varies a lot. Some houses are like skyscrapers while others are much smaller that even could be portable. In terms of external looks, normally, the outer walls are painted in just one colour. White and silver grey are the most common choices. Some residents may prefer a much more diversified exterior. When they consider buying this estate, they may ask the construction company to offer a personal design to paint the wall hot pink, light yellow, sea blue, etc. and even adds special cartoon characters or graffiti. The construction material of the house also differs according to the needs of the client. Some residents want their house covered with wood to create a sense of nature. Houses made of metal leave the visit ors an impression of modern living style. Also, a number of houses especially the smaller ones are even made of plastic and their prices are much lower. In contrast to the some estates whose geographical location are almost predesigned and fixed, the customer can choose where to locate this house. Most of the houses have a large front door. Nowadays, there are also some companies with advanced skills and technology that can build a house with double or triple doors, andShow MoreRelatedThe Obesity Era By David Berreby1272 Words   |  6 Pagesthrough hard work, exercise, and dieting, lose the weight and keep it off. Many people I know speak of causes for their obesity. Their excuses range from their genes to even the chemicals in their environment. In â€Å"The Obesity Era,† David Berreby persuasively supports his claim that an outside factor is the cause of obesity; however, Berreby loses his audience when he neglects to acknowledge the prior successes that show that weight loss comes from hard work, diet, and exercise In Berreby’s â€Å"The ObesityRead MoreHow Computers Have Turned Us Into Extremely Lazy People982 Words   |  4 Pages Learn to anticipate more by following your guts It’s strange how computers have turned us into extremely lazy people. The convenience that comes with our gadgets just cuts us from the essential, like for instance, following our guts when we are faced with certain situations. We are sometimes pushed to look for other alternatives in life, like if you have to follow a recipe but that you are missing one of the ingredients, you can anticipate and replace that ingredientRead MoreTechnology Destroys Human Activities Essay examples741 Words   |  3 PagesReasons: Positives * We adore technology and so we are its slaves * Technology has replaced workers * Technology controls our lives, we do what technology tells us * Like a heavy blanket, technology is stifling communication, physical exercise and healthy living * Young people write in code like foreign language when text messaging, soon young people will forget how to write in standard English * There are too many fat kids and fat adulate * New technology is basic cause ofRead MoreWhat I Attempted Into Antisocial Attitudes And Behaviors1283 Words   |  6 Pagesoften disregarded entirely, but was now present in all parts of my day I spent at school. I felt a magnetic-like repulsion that prevented me from talking to people, and this caused many problems. I could talk, but I could not talk socially, and this strange behavior likely caused a good deal of my misanthropy. I researched for hours on websites, but I could not find any helpful information that pointed to what disorder I have. However, I knew there must have been ways I could fix this. I had alreadyRead MoreAnorexia And Bulimi A Psychological Disorder773 Words   |  4 Pagesof doing so come with consequences. For example with anorexia, there will always be a dramatic weight loss and yet still feel fat. They also develop an obsession of counting calories and having a fixation on their body image. At times they perform strange or secretive food rituals. Bulimia has symptoms such as vomiting or using laxatives, and going to the restroom right after eating. This is due to loss of control when eating. There are ways to detect if someone is Anorexic or Bulimic and theyRead MoreCause And Effect Of My Teacher Announced A Self Improvement Project1217 Words   |  5 Pageswas easily overlooked, but was now present in all parts of my day I spent at school. I felt a magnetic-like repulsion that prevented me from talking to people, and this caused many problems. I could talk, but I could not talk socially, and this strange behavior likely caused a good deal of my misanthropy. I researched for hours on websites, but I could not find any helpful information that pointed to what disorder I could’ve had. However, I knew there must have been ways I could fix this. I hadRead MoreThe Constitution Essay601 Words   |  3 Pagesprosperity... If this is true why then does he own other people? Why does he make his slaves bow before him when they are making requests? If they have the same rights, why must they degrade themselves and show that Mason is Superior? George Mason and James Madison Fought to keep the word slave or slaves from appearing in the constitution. They succeeded so in Article I, Section 9, The Migration or Importation of such Persons as any of the states now existing shall think proper to admit, shallRead MorePersuasive Speech Outline Drink Water1632 Words   |  7 Pagesof an adults body Decreasing even more to 50% in that of the elderly According to an article The Health Benefits of Water on everydayhealth.com water helps our bodies By regulating our body temperature Water acts as a cushion for our joints and keeps tissues in our bodies moist. Water flushes out any toxins or waste from our kidneys and liver as well as intestines Website stepstoperfecthealth.co article Why do we need to drink water? says that water is essential for Body circulation asRead MoreThe Prejudice Of Kill A Mockingbird By Harper Lee1010 Words   |  5 PagesJason Lin Mrs. Christopher Honors English One/Period 2 1 March 2015 The Prejudice of Maycomb â€Å"All men are created equal†, one of the most ignored statements that our founding fathers wrote in the Constitution. People exercise prejudice everywhere in the U.S. Prejudice is a topic that is constantly revisited in Harper Lee’s novel, To Kill a Mockingbird. Her novel focuses on Scout, the daughter of Atticus Finch, living her life in the 1930s of rural Maycomb, Alabama. Scout witnesses the injusticeRead MoreEssay on The Dangers of Cosmetic Surgery1084 Words   |  5 Pagesprescribed medication. Some of these medications include antidepressant medicine, mood-stabilizing medicine, and anti-anxiety medicine (Diseases and conditions, 2014). According to Diseases and Conditions website, these psychiatric medicines assist in making other therapy treatments more effective and allow one to cope with their everyday life (Diseases and conditions, 2014). Transition Statement: In addition to seeking therapy, another way people can change their appearance without cosmetic surgery

Thursday, December 12, 2019

Managing Small Business Finance Accounting â€Myassignmenthelp.Com

Question: Discuss About The Managing Small Business Finance Accounting? Answer: Introduction In this module, the key focus is to understand practices, systems and methods of managing finance unit of a small business. The several aspects related to the implementation of financial plan and to monitor financial performance of a small business is discussed. Budgets, source of capital, legal requirements related to the taxation, credit policies, key performance indicators and recording and communicating financial plan are some key aspects discussed in this report to ensure effective implementation and management of financial plan of a small business. The five financial information which are required in order to profitably operate the agency in accordance with business plan are as follows- Personnel Numbers: It is important to consider overall objectives and numbers required to achieve the goals as stated in the business plan. Overhead expenses: Once all the plannings done according to the business plans, then it becomes quite necessary to make an estimation of all the expenses that are associated with the profitably operation of agency. These expenses can be termed as overhead expenses. All non labor expenses required to operate the business are categorized in this category (Business Queensland, 2017). Capital requirement: In addition to the expenses, there is also a need of information which depicts the requirement of capital in order to purchase the essentials of business and to carry out the operations of business smoothly. Revenue: The forecast of sales or revenue are based upon the market conditions and competitor analysis. This financial information is required to find out the profits that can be generated through agency in accordance with its business plan (NAB, 2017). Cost of Goods: The last information which is required for the profitably operations of business is the cost of goods in order to measure the profitability of agency for the cash flow and income statement. The five specialist services which are required to profitably operate the agency are as follows- Financial advisers: The services of financial adviser will help the agency in deriving information about the financial situation of their business and also provide various information regarding investment, succession planning, management of risk and superannuation. Legal experts: The services of legal experts will help the agency in solving a range of issues that arises at different stages in the cycle of business. The services of legal experts will help the agency in choosing business structure according to business plan, licensing and complying with all regulations, protection of rights on intellectual property, drafting of legal documents and resolving in disputes (Barth et. al., 2013). Legal experts also help the agency in decisions regarding insurance and finance. Business bankers Insurance brokers Budget: Budget can be defined as the estimation of possible costs or revenue and expenditure that will be incurred for performing the activities of business for the particular period of time. Points to be covered while preparing a financial budget: Budget depends on two factors that are first, accurate estimation of figures according to goals and objectives and second, variations between the actual budget and projected budget. Overall planning to start a business is depends on the budget estimation, so budget should be based on realistic factors (Palley, 2016). Preparation of budget should be done according to the contingency planning. Below is the financial budget for the year ending 31 March, 2018 of XYZ ltd. which shows the cash flows and profit acquired. Financial Budget for the financial year 2017-18 Agency name: XYZ Ltd. Address: 221 B, Baker Street, Sydney, Australia Period: 1 Year (From April, 2017 to March, 2018) Particulars Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Cash Flow Estimates Office utility bills: 10000 15000 25000 30000 80000 Office training expenses 15000 18000 20000 25000 78000 Gross staff wages 30000 35000 40000 50000 155000 Gross marketing Costs 20000 25000 15000 20000 80000 Total Cash Outflows 75000 93000 100000 125000 393000 Total Cash Inflows 100000 125000 140000 160000 525000 Net profit acquired 25000 32000 40000 35000 132000 Business Capital: Business capital can be defined as the money invested by the owner of the business for performing its operations. Capital is required for producing goods and services and purchasing assets for the business. Success of any company or agency depends on the easy access to capital formation. So capital formation depends on two sources such as equity capital and debt capital. Equity Capital: It represents the funds invested by the shareholders and investors for the purpose of getting ownership in the company. Debt Capital: It represents the amount of loan and credit taken by the companies which have to be paid in future with interest. To negotiate with creditors it is important to manage working capital requirements and daily performance of the business (Visscher, et al., 2011). Working capital management techniques are helpful in negotiating, securing and managing overall capital of the business. Preparation of Statement of Working capital: Working capital represents the difference between current assets and liabilities of the business. Generally, cash balance, stock, debtors and creditors are included in the working capital statement. Positive balance reflects the better picture of business which is helpful in negotiating with suppliers and creditors. Effective and proper formation of working capital statement facilitates efficient management of capital for future. Effective budgeting techniques and contingency plans: Budget is helpful in maintaining the level of optimum cash required in present as well in future for the business operations. Planning for the new venture needs effective budgeting techniques which give estimation of how much capital is required (Development of Canada, 2017). With the help of projected capital it can be easily find out how much is required from owners fund and how much is from other sources. Efficient contingency plans are required to manage and secure capital for long term. Meaning of Provision for Taxation: Provision for taxation can be defined as the estimation of tax liability on the profit of current year paid by company (Hatten, 2015). Estimated amount of tax can be more or less than actual payment of tax liability. Characteristics of provision for taxation: It can be the short-term source of capital because payment of tax is not at the time when provision for taxation made. It is short term source of finance at zero cost of financing. Sometimes companies estimate excess provision for tax which leads to the mishandling of tax. Strategy for provision for taxation: There are various techniques for adequate provision for taxation: Generally, the ending date of the financial year is not similar as the ending date of the taxation year. So, the companies cannot calculate the exact amount of tax liability. For the purpose of calculating amount of taxation, apply the rate of tax on the amount of profit before tax. The amount of profit before tax is generated by deducting the financial and operating expenses from the gross profit adding other income (Gitman, et al., 2015). It is great advantage for companies to take loan from financial institution to get rebate from taxation. Effective tax planning is helpful in reducing the tax liability for a business. A budget for the company also includes the planned provision which is calculated by the experts in tax planning. Experts will give advice to financial manager to minimize the tax liability and management of financial account. There are various systems that can be implemented in order to maximize cash flow are-Development of credit policy: Credit policy should be developed in order to define the credit limits of every debtor whether new or old. Credit limit of the debtors should be set according to the risk taking capacity of the individual. Credit terms should include length for the payment and the charges applicable for the late payment by debtors. Monitoring and reporting should be there in order to make evaluation of debtors (Barrow et. al., 2012). Assessment of debtor: For maximization of cash flow, debtor assessment should be there in order to make contingencies for the debtors who are in default. The agency can run a check on the debtors in order to make sure that the debtors are trading legitimate business. The Australian Company Number (ACN) can be used in order to determine the name of business and its profitability with the help of credit reporting agency. Credit testimonials can also be used by agency in order to know the relationship with the debtor with other creditors in order to determine the financial condition of the debtor. Management of risk: Risk management is the key to maximize the cash flow of the agency. This will help the agency in maintaining good relationship with the debtors. The accounts department of the agency should monitor changes which are against the debtors report and makes timely communication with the debtor in order to keep the payments and relationship with them accordingly. Risk management helps the agency in allowing contingencies that will benefit in the phase of long term (Tahir and Darton, 2010). A sound credit policy of the agency will avoid time consuming and expensive litigations in order to maximize the cash flow. KPIs (Key Performance Indicators): KPIs are the tools for measuring and comparing the financial performance of a company with competitions in its industry. Key performance indicators are helpful in setting targets and goals in quantifiable terms to monitor the overall performance of the organization (Parmenter, 2015). For the purpose of getting long term success five KPIs are very important for small businesses to measure its performance are as follows: Gross and Net profit Margin: Gross profit margin is helpful in finding out the percentage of revenue over and above the cost of goods sold. It indicates how much revenue business is making for meeting its direct costs and operating expenses. Net profit margin is the indicator of profitability position against all the possible expenses in a financial year. Account Receivables as an indicator: Account receivable ratio is helpful in measuring the debtors position that is how frequently they are making the payments of bills. Account payables as indicator: Account payable ratio is the indicator of how frequently company is making payment to its creditors and showing credit worthiness. Finding liquidity ratios: Current ratio and quick ratios both are indicator of meeting short term liabilities of a business (Bhattacharya, et al., 2014). These are helpful in measuring the short term liquidity position of the business. Finding Leverage ratios: Debt to equity ratio is helpful in finding out how much equity capital a company is having against its long term debt. It measures the long term liquidity position of the company. KPIs which show the financial performance are calculated on the basis of components of balance sheet and income statement. So, financial manager, operation manager and overall staffs are responsible for maintaining the key financial position indicators. In a small business, the proper recording and communication of financial procedure is critical to inform the relevant stakeholder and other parties regarding the expected tasks, ways to perform tasks and delegated persons for each tasks. Financial procedures are set of instructions that help in execution of business plan. The best method to record and communicate the financial procedure is to develop financial procedure manual (Boyd et al., 2014). The key purpose of this manual is to guide the staff for best practice, who are responsible for administering financial activities and to inform the information of financial procedures to the relevant parties. This allows a small business to record the all instruction in form of policy in a systematic manner (Blythe and Zimmerman, 2013). The manual is effective to include all aspects related to the administration of financial aspects of the business. There can be two methods to communicate manual to the staff and other parties including manual and electric. The best way is to use electronic method as it helps to make quick changes in accordance to the any modification in the financial plan. Manual method is too complex and time consuming as in this more paper work is required than electronic method. E-mail, news-letter and official website can be used to communicate the financial procedure manual. It is fastest means to record, update and to change the data related to financial procedure. A gantt chart may also include in the manual to communicate this manual in a pictorial manner with the help of electronic method (Drake and Fabozzi, 2010). Thus, electronic financial procedure manual is best way for small business to record and communicate the financial procedures. A computerised accounting system would be implemented to regulate and monitor financial performance targets on regularly basis. In this system, monthly financial reports would be developed to record financial transactions for determining the expenditures and revenue of a firm overtime. In this system, two financial statements namely profit and loss and balance sheet will also be included in this system. Profit and loss statement helps to report income and expenses of business overtime and to determine the situation of business from profitability perspectives (Baltzan et al., 2015). On the other side, balance sheet facilitates recording of assets, liabilities and net equity for over a specific time period. The accounting system will also include developed financial budgets as it would be enabled to determine the expected expenditure and revenue for a specific period. Through this accounting system, actual performance reported in financial statements would be compared to the budgets for m monitoring and reporting the financial performance targets. For example: the sales budget indicates that expenses over a specific time period would be $45000. This will be compared with the expenses reported in profit and loss statement (Hawawini and Viallet, 2010). Higher actual expenses from the actual expenses will indicate the need of taking required measures for improving revenue. The data related to the monitoring and reporting on financial performance targets will be used to determine the shortage or excess finance in business. For example: in case of determining excess expenditure than expected, more sources of finance will include in the financial plan to avoid the risk of capital shortage and operational disturbance (Kinney and Raiborn, 2010). Financial plan will be changed in accordance to the obtained information from the assessment of financial performance targets with the help of accounting system. In order to monitor marketing and operational strategies, a performance measurement system would be implemented in this agency. This system will include certain metrics to access the efficiency and effectiveness of both marketing and operational strategies. Different matrices will be used to measure marketing and operational performance of this agency. The current status of performance will be reported in accordance to the included matrices and it would be helpful to monitor the performance of implemented strategies (Tinkelman, 2015). The key operational metrics can include customer satisfaction score, employee satisfaction, productivity, cash flow and gross margin. These would be the key matrices to monitor the operational strategy due to their effectiveness in presenting the results in quantifying manner. For example: each customer would be asked to rate the quality of service on which basis the performance management system would present the average customer satisfaction score. Low customer satisfaction score will aware management regarding the improvement in operations (Karadgi, 2014). Similarly, monitoring of other stated metrics will help to determine the employee satisfaction, which plays key role in delivering better operational performance. Similarly, marketing metrics in this system will include number of qualified leads, comments, shared content, time spent on site, queries and others. The report on such performance matrices may help to monitor the performance of marketing strategies in terms of attracting and acquiring customers. Similarly, the queries and comments of the customers will also be monitored on regularly basis to access the satisfaction of customers and to share this report to the operational department of the agency for ensuring required changes in the quality of the offerings (Blythe and Zimmerman, 2013). Financial ratio is a technique to analyze relative magnitude of any two values of financial statements. It is a method to determine relationship between the two financial accounts of business. They key purpose of financial ratio is to evaluate the financial health of a business and to facilitate informed decision making. It facilitates benchmarking in which business processes of a company are compared with the competitors having best practices. Through this, gap in the performance of business processes is determined, which provides insightful financial information about a firms operations and assists in decision-making (Inman, 2014). There four types of financial ratios are used in business such as profitability, liquidity, leverage and efficiency. Each ratio is used to for fulfilling different purposes. Profitability ratios are used to access the ability of business to generate revenue in against to its expenses in a specific time period. Return of assets, profit margin and return on equity are some key profitability ratios. The purpose of this ratio is to enable management to determine areas, which needs improvement to increase business profitability Liquidity ratios mainly includes current and quick ratio and their key purpose is to determine the cash position of a firm and to plan financial resources accordingly (Ward, 2012). Leverage ratios are used to determine the competency of firms capital structure in terms of surviving in long run. Debt to equity ratio is key leverage ratio, which is used to determine the proportion of debt in relative to the equity. Through this, management can take better decisions to make the capital structure more competent. Efficiency ratios are used to access the ability of firm to employ its assets and to manage liabilities. It helps management to determine how efficient is business in terms of employing assets to generate sales (Atrill and McLaney, 2014). Through this information, management takes informed decisions to include strategies for improving the business efficiency and increasing profitability. The current financial ratios are calculated below to state the more favourable or less favourable for the investors: For the first given scenario, the calculation of financial ratio is stated below: Financial Ratio(Current profit/ Current Liabilities) Current profit 450000 Current Liabilities 100000 4.50 Financial ratio for this agency is calculated by dividing current profit with the current liabilities over a specific time period. This helps to determine the profitability of firm in relative to its current liabilities. On the basis of obtained ratio of 4.50 from the calculation, it can be stated that the profitability is 4.5 times higher than the liabilities, which indicates ability of this agency to meet with the liabilities of business (Ord and Fildes, 2012). Due to this, the agency is more favourable for the investors as it shows ability to survive and to offer attractive returns. The calculation of financial ration for the second scenario is depicted below: Financial Ratio(Current profit/ Current Liabilities) Current profit 70000 Current Liabilities 60000 1.17 It can be stated on the basis of above ratio that this agency is less favourable as its profitability is approximately one times higher than the liabilities. This indicates that this firm may face shortage of funds due to high liabilities and low profitability. It may affect the business survival and the returns of investors (Sagner, 2010). Thus, it is determined that agency is less favourable for investment purpose. Variance analysis method is the best method to access the financial plan of business and to determine the variations so that alternative plans can be developed accordingly. It is a qualitative technique in which actual performance of a business is compared to the planned performance. In this, budgets have prepared to benchmark the performance of the agency. The budget serves as means of benchmarks against which the actual performance of the business is compared. It is an effective method to analyze the variance in performance from month to month (Kinney and Raiborn, 2012). The method of variance analysis helps to determine the difference in performance and to interpret the reasons of variance. On the basis of variance results, required changes can be interpreted effectively. For example: sales during a month were $20,000 lower than the budgeted sales of $40,000. The reason of this variance may loss of a customer, which was a frequent buyer. The reason of losing customer may due to the several instances of late reply on consumers queries for sites in the last month (Snedecor, 2012). On this basis, management may add training and development programs for employees to educate them about the skills of communicating the client promptly. This will lead to an increase in the budget allocated to the marketing operations in financial plan. Management may also decide to implement new IT system for managing customers queries and replies more effectively (Tracy, 2011). This will also lead an increase in the budget allocated to the IT department. Conclusion It can be concluded on the basis of above discussion that an effective implementation and management of financial plan in small business requires careful planning of practices, methods and systems as they play a supportive role in bringing success. By using appropriate techniques of financial management such as budgets, KPIs, performance measurement, policies and other a small business can manage finance effectively. References Atrill, P. and McLaney, E. (2014) Accounting and Finance for Non-Specialists. 9th edn. England: Pearson Education Limited. Baltzan, P., Fisher, J. and Lynch, K. (2015) Business-Driven Information Systems. 3rd edn. Australia: McGraw-Hill Education. Barrow, C., Barrow, P. and Brown, R. (2012)The business plan workbook. UK: Kogan Page Publishers. Barth, J.R., Caprio Jr, G. and Levine, R. (2013) Bank Regulation and Supervision in 180 Countries from 1999 to 2011.Journal of Financial Economic Policy,5(2), pp.111-219. Bhattacharya, A., Mohapatra, P., Kumar, V., Dey, P.K., Brady, M., Tiwari, M.K. and Nudurupati, S.S., (2014) Green supply chain performance measurement using fuzzy ANP-based balanced scorecard: a collaborative decision-making approach.Production Planning Control,25(8), pp. 698-714. Blythe, J. and Zimmerman, A.S., (2013). Business-to-business marketing management: a global perspective. : UKCengage Learning EMEA. Boyd, K., Epstein, L., Holtzman, M.P., Kass-Shraibman, F., Loughran, M., Sampath, V.S., Tracy, J.A., Tracy, T.C. and Welytok, J.G. (2014) Accounting All-in-one for Dummies. USA: John Wiley Sons. Business Queensland (2017) Managing debtors. [Online]. Available at: https://www.business.qld.gov.au/running-business/finances-cash-flow/managing-money/managing-debtors (Accessed: 29 August 2017). Development of Canada (2017) How to use a cash flow planner to manage your working capital. [Online]. Available at: https://www.bdc.ca/en/articles-tools/start-buy-business/start-business/pages/managing-working-capital-10-tips.aspx?caId=tabs-5 (Accessed: 28 August 2017). Drake, P. P., and Fabozzi, F. J. (2010) The basics of finance: an introduction to financial markets, business finance, and portfolio management (Vol. 192). USA: John Wiley Sons. Gitman, L.J., Juchau, R. and Flanagan, J., (2015)Principles of managerial finance. AU: Pearson Higher Education. Hatten, T. S., (2015) Small Business Management: Entrepreneurship and Beyond.UK: Cengage Learning. Hawawini, G. and Viallet, C. (2010) Finance for Executives: Managing for Value Creation (4th ed.). USA: Cengage Learning. Horner, D. (2015) Accounting for Non-accountants. UK: Kogan Page Publishers. Inman, M. L. (2014) Cost accounting: stage 2. USA: Butterworth-Heinemann. Karadgi, S., (2014) A Reference Architecture for Real-Time Performance Measurement. Germany: Springer. Kinney, M., and Raiborn, C. (2012) Cost accounting: Foundations and evolutions. USA: Cengage Learning. NAB (2017) How To Write A Business Plan. [Online]. Available at: https://www.nab.com.au/business/small-business/starting-a-business/how-to-write-a-business-plan (Accessed: 29 August 2017). Ord, K. and Fildes, R. (2012) Principles of Business Forecasting. USA: Cengage Learning. Palley, T. (2016) Financialization: The Economics of Finance Capital Domination. Germany: Springer. Parmenter, D., (2015)Key performance indicators: developing, implementing, and using winning KPIs. USA: John Wiley Sons. Sagner, J. (2010) Essentials of Working Capital Management. USA: John Wiley Sons. Snedecor, G.W. (2012) Calculation and Interpretation of Analysis of Variance and Covariance: Division of Industrial Science, Monograph. USA: Literary Licensing, LLC. Tahir, A.C. and Darton, R.C. (2010) The process analysis method of selecting indicators to quantify the sustainability performance of a business operation.Journal of Cleaner Production,18(16), pp.1598-1607. Tinkelman, D. P. (2015) Introductory Accounting: A Measurement Approach for Managers. UK: Routledge. Tracy, J. A. (2011). Accounting for dummies. USA: John Wiley Sons. Visscher, F.M., Mendoza, D.S. and Ward, J.L., (2011) Financing Transitions: Managing Capital and Liquidity in the Family Business. UK: Macmillan. Ward, K. (2012) Strategic Management Accounting. USA: Routledge.