Reasons for Failure of Real Estate Investment Goals:

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In as much as we said that real estate investment is a gold mine, there are certain principles that must be applied in order to hit this gold, and if these principles are ignored, the investor will not be able to achieve his investment goals. Some of the reasons for these failures are as follows:

1) Failure to do a detailed financial analysis of the said property. You can’t just assume that this is the amount that it will cost you to execute a particular project without doing a detailed cost analysis of the project. Invite the cost experts, like the quantity surveyor, who will give you a detailed analysis of what it will take you to finish the project. If the amount you have at hand is enough, then you can precede with your job, but if it will not be enough, then you have to make some adjustments to accommodate your capital. This is very important, because real estate investment is capital intensive, and if you run short of cash mid-way into the project, it becomes a problem which can put you into a serious financial mess.

2) The second reason for failure to meet investment goals is the absence of capable hands to handle real projects. For you to succeed as a real estate investor, you must work with the professionals. After you must have briefed your architect on the type of structure that you want to put up, let the quantity surveyor move in and do a cost analysis of the project. He must not exceed your budget, the architect will be asked to review the project down to accommodate the purse of the investor if the former was higher than the budget. Let the contractor handle the purchase, so as to meet up with time or the set dead line. Time is very important here because the more the project lingers, the higher the cost becomes, because of inflation.

To succeed in the real estate sector, you have to avoid the following:

1) Never buy jointly owned property, except you see the other co-owners, especially when it is a family house. The house may be willed to one of the siblings and if you buy without knowing this, you might be in for litigation that you don’t know when it will end.

2) Don’t try to buy a property that is under litigation already.

3) Be careful before investing your cash on any property.

Adequate application of these steps means that the investor has set the ball rolling on a smooth turf, and all things being equal he will meet up with his investment goals, but neglecting these, simple but critical steps is walking in danger. Remember that the money involved is not kobo, but millions of hard earned currency, which if well managed will continue to roll cash into your purse, but if the reverse is the case, well, your guess is as good as mine.

Be a wise investor.

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Finding the Best Penny Stock: Basic Tips for First Time Penny Stock Investing

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Penny stocks are generally cheap stocks issued by companies who have small market capitalizations. Investors find penny stock investing to be quite attractive as it only involves cheap entry into the market and results in huge gains. The best penny stock can rarely be found. It is more like a game as it requires a combination of experience and luck. As a variety of stocks are available, investors have to make a wise and smart decision when buying penny stocks. Investors must be extremely observant and learn to absorb maximum details, news and price movements because all this can improve their decision making.

In order to find the best penny stock trend research is very important. For a successful venture, research is an essential part. All you have to do is analyze the stock price history and study any fluctuations or steady increase or decrease in the prices. All this information can greatly help and guide you when to buy it. The background of the stocks that you’re looking for must also be thoroughly researched and studied as it can help you plan and decide which stocks are the best penny stocks.

As you move on, you must look for the prospective company’s revenue growth which is a significant element. This is because high profits and earning help to maintain the company’s stock price and it shoots up its value. In order to know a company’s worth, earning is the best measure. You should avoid investing in companies which have annual revenue of less than 10 million dollars. Companies dwelling in huge amounts of debts are not good investments. Investors must follow a technique to compare price per share against book worth per share rather than just focusing on the share price.

Furthermore a very important point that should be taken into consideration is to buy stocks which are usually traded in bulk because trading in stocks which have lower than average trade volume cannot always give you huge returns and profits. You should buy penny stocks which have at least 100,000 trades daily.

When a company is planning to expand in size, they mostly generate capital by selling their stocks in the market. This can give you a quick profit if you buy stocks at the right time. Therefore particular signs and timings are really important in this industry and can signal you about when to buy.

When buying penny stocks you should also analyze the movement of the stock volume. You must check how frequently people are buying or selling stocks. Investors should always examine the sales sheets of any stocks and then make a smart move.

The internet is a very useful tool for investors as it can provide you with a pool of knowledge. Therefore investors should visit forums on the internet and collect useful information and positive reviews but it should also be kept in mind that untrained investors may give false statements which can steer the investor into taking a wrong step.

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Deferred Rent – Debits and Credits

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Deferred Rent

What is it?

The simplest way to understand deferred rent is to think of an example. Let’s say you started a business and the first thing you did was sign a five-year lease for office space. In an effort to sign you as a tenant, the landlord (aka “lessor”) offers you lower rent payments in the first year that “escalate” (i.e. go up) as the years progress. To keep it simple, let’s say the rent schedule is this:

Year 1: $1,000 / month = $12,000 / year
Year 2: $1,250 / month = $15,000 / year
Year 3: $1,500 / month = $18,000 / year
Year 4: $1,750 / month = $21,000 / year
Year 5: $2,000 / month = $24,000 / year

These amounts represent the actual cash that you will be paying each month. When booking the journal entries for this, this will be the credit (either to cash or a payable). The question is what is the debit?

ASC section 840-20-25-1 states the following:

Rent shall be charged to expense by lessees (reported as income by lessors) over the lease term as it becomes payable (receivable). If rental payments are not made on a straight-line basis, rental expense nevertheless shall be recognized on a straight-line basis unless another systematic and rational basis is more representative of the time pattern in which use benefit is derived from the leased property, in which case that basis shall be used.

You see, the FASB requires that rental expense be “recognized on a straight-line basis.” This means that the same amount of expense must be recognized each month, regardless of the actual rent payment during the month. Let’s calculate our monthly rent expense.

From the table above, we can easily compute that the total rent paid over the course of the lease is $90,000. ($12k +$15k + $18k + $21k + $24k). This figure, divided by the total months in the lease (60), gives us out straight-line rent expense:

Total Rent / Total Periods = Straight-Line Rent Expense per period

$90,000 / 60 months = $1,500 / month = $18,000 per year.

We now have the debit in our journal entry.

With a debit to expense for one amount and a credit to cash for another amount, the plug goes to deferred rent. Depending on the payment schedule, deferred rent can either be an asset or a liability.

In the case of a lease with increasing payments each year, as in our example, deferred rent is a liability. The liability balance builds through the first two years when the expense exceeds the cash payments, levels off during year 3 when these amounts are equal, and then drops down to zero over the course of the final two years when rent expense is less than the rent payments. The journal entries for each year are as follows:

Journal Entries – Year 1

Dr. Rent expense 1,500
Cr. Deferred rent 500
Cr. Cash 1,000

Journal Entries – Year 2

Dr. Rent expense 1,500
Cr. Deferred rent 250
Cr. Cash 1,250

Journal Entries – Year 3

Dr. Rent expense 1,500
Cr. Cash 1,500

Journal Entries – Year 4

Dr. Rent expense 1,500
Dr. Deferred rent 250
Cr. Cash 1,750

Journal Entries – Year 5

Dr. Rent expense 1,500
Dr. Deferred rent 500
Cr. Cash 1,750

Here is the monthly deferred rent liability balance over the course of the lease:

http://big4guru.com/defrent.jpg

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Real Estate Properties in Astrology

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Real estate property is an immovable property refers to land, fixture and appurtenances or anything permanent in nature like structures, tress, minerals, and the interest, benefits, and inherent rights.

Generally real estate properties include

  • Vacant land

Farm and ranch

  • Residential properties

   Different types of homes, including condominiums, separate homes, duplexes, high value homes, vacations homes, etc.

  • Commercial properties

Commercial property can be empty land zoned for commercial use, or an existing business building or buildings.

Factors responsible for having real estate properties

  • 4th house/lord: represents home and property related matters.
  • Mars and Saturn: are main significator planets of property and home related matters.
  • Venus: represents luxuries and valuable things.  

 Different combination for having real estate properties

  • Lord of 4th house is in exaltation/own sign/friendly sign/associated or aspected by benefice, indicates the surplus real estate property of the native.
  • Lord of 4th posited in 10th and 10th lord is posited in 4th house, aspected by Mars or having a strong Mars in the horoscope denotes surplus real estate property.
  • Lord of 4th is posited in 4th house and aspected by a benefice indicates the native will have surplus of land and excess of houses, which will fill his life with joy and happiness.
  • Lords of 4th and 9th placed in 11th and aspected by benefice, native will be the owner of lands and many houses.
  • Lord of 4th and Jupiter placed together in quadrant indicate excess of land and houses.
  • Sign of house/Lord of 4th is of moveable nature indicates the native will have multiple real estate properties in many places.
  • Lord of 4th posited in 2nd/11th indicates the native will get excess of land property.
  • Lords of ascendant, 3rd, 4th, 6th, 7th, 9th and 12th are with the lord of 5th indicates the native will have high quality mine land. 
  • Lord of ascendant is placed in 2nd, and lord of 2nd is placed in 11th and the lord of 11th is posited in ascendant, indicates the ownership of mining property.
  • Lords of 4th and11th exchange their houses; the native will get unexpected property.
  • Lord of 4th and 9th posited in 11th house and lord of 2nd placed in 10th house; indicate the sudden gain of real estate properties.

Denial of real estate property in horoscope

  • Lord of 4th is debilited/set/inimical placed/associated or aspected with malefic/hammed between malefic planets, indicate absence or loss of real estate properties.
  • Mars is debilited/set/inimically placed/associated or aspected by malefic, indicates absence of real estate property.

BY

GEETA JHA [SPIRITUAL HEALER]

INDIA

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Foreclosure 2008 2009 2010 2011

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The U.S. foreclosure crisis is worsening and the number of foreclosures will become even higher over the next few years amidst growing economic uncertainty. Housing Predictor extends its foreclosure forecast into 2011 nearly doubling its original prediction. It is being reported that the united states foreclosure cases will increase over the next few years while in an economy that is a bit uncertain. Housing Predictor predicts more than 3 million foreclosures till around 2010. The foreclosure market increase is a bad situation.

During the Great Depression President Franklin D. Roosevelt created the Home Owners Corporation to provide loans for people having difficulty making their mortgage payments. A idea like this is needed to help the foreclosure situation. The crisis started in sub prime mortgages over a year ago and is now into new conventional adjustable rate mortgages. A Housing Predictor survey found one in six home owners fear losing their homes to foreclosure. The Fed was equipped with new laws to limit the likelihood of another Great Depression from occurring. The changes gave the Fed new powers and assisted the economy’s recovery from the Great Depression. But the American entrepreneurial spirit and globalism in big business has changed the national economy.

The foreclosure situation is already making an impact in other areas of the economy. Credit card delinquencies are up. Car payments are late in increasing numbers. Home prices in the over whelming majority of local U.S. housing markets are falling. Some markets have already seen prices come down as much as 50% from their peaks. Foreclosures are at record highs. The damaging effect is leaving neighborhoods all over the country blighted. There will be allot of homes that will be entering into the Real Estate market. Consider help from agents or talk with a Armando Montelongo Real Estate Coach. Use the Internet to talk and exchange ideas with others. Read books and check your local laws.

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Short Sales vs. Foreclosure: Tips for Working with Mortgage Lenders

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Most people are confused about short sales vs. foreclosure. Both are options presented by mortgage lenders when borrowers can no longer afford to stay in their home. Homeowners facing foreclosure or attempting to negotiate short sales should consult with their bank’s loss mitigation department to determine which option is available.

Similarities and differences exist with short sales vs. foreclosure. Neither option allows borrowers to keep their home. Short sales allow borrowers to sell their property at a discounted rate to satisfy the balance owed on their mortgage note. Foreclosure forces homeowners to return the property to the lender and relinquish all monies vested in the property.

Short sales are usually the better solution for borrowers delinquent on their mortgage loan, but not yet entered into foreclosure. This type of arrangement requires approval from the mortgage lender and requires borrowers to undergo a financial audit.

When borrowers become delinquent on their mortgage loan, their account is turned over to a loss mitigator. These individuals work with borrowers to resolve the delinquency. Loss mitigators will first attempt to obtain a loan modification if borrowers are able to make future mortgage payments.

When borrowers do not qualify for a modified loan, banks can offer the option of a short sale if the borrower and their property meet specific criteria. In order to determine eligibility, borrowers must submit a short sale packet consisting of various financial documents such as bank and credit card statements, payroll records, tax returns, and a list of income and expenses.

Most loss mitigators require submission of a short sale hardship letter. The letter of hardship allows borrowers the opportunity to explain circumstances which caused the mortgage delinquency. Loss mitigators prefer handwritten letters that not only include a timeline of events, but any actions taken to overcome financial difficulties.

Depending on the lender’s policies, borrowers must either have a buyer lined up or list their property through a realtor. If banks allow borrowers to list their property, the home must be sold within a few months. Otherwise, the lender will commence with foreclosure proceedings.

It is important to understand the type of short sale available through the lender. Two types exist and include Payment in Full or Deficiency Judgment. Payment is Full is the preferred choice because is releases the borrower from paying additional funds.

When banks issue deficiency judgments, the borrower is held responsible for the difference between the sale price and loan balance. Deficiency judgments can amount to several thousand dollars and take years to repay. Judgments remain on the borrowers’ credit history until paid in full and can prohibit them from obtaining any type of credit for several years.

Foreclosure remains on borrowers’ credit reports for up to ten years. The foreclosure process can take between three and twelve months to complete. Once property is foreclosed it is placed for sale through public auction. If the property does not sell, it is returned to the lender.

Bank owned homes are sold through the bank’s loss mitigation department or local realtors. When foreclosed real estate sells for less than the loan balance, mortgage lenders can issue deficiency judgments against the homeowner.

One solution to prevent foreclosure deficiency judgments is to request a Deed in Lieu of Foreclosure. Similar to ‘Payment in Full’, a deed in lieu releases borrowers from repayment of the deficiency amount.

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Staging Your Home with House Plants

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So, you’ve decided to put your home on the market and it’s all cleaned, organized, and repainted but seems to be missing something. Take a look around and notice how much greenery you have living in your home. Healthy houseplants can add a lot of appeal to your home, as well as other benefits to you and your family.

What types of house plant to use will depend on the area of your home that you’re going to use them in and the level of green thumb that you possess. For large rooms you may want to opt for a large plant like a philodendron or ficus to keep with the scale of the room. For smaller rooms keep small plants so that they don’t distract prospective buyers from the room. Avoid scattering a lot of small plants over your rooms however, as it will just look like clutter; group them into a cohesive display. Use plants that can survive a bit of neglect if you’re not in possession of much in the way of horticultural skills; plants that are doing poorly are not going to help with the image you want to convey.

The species of house plants to purchase or borrow for your home will also depend on how much light each room gets. Sun loving plants will not tolerate shady areas well and vice versa. For any rooms that you think lack of light may be an issue, look into using silk plants instead. If you have children or pets, keep in mind that some plants are quite toxic and may be better avoided.

House plants have other benefits besides just making your home look desirable. Thanks to NASA studies on air quality, we know that plants can be instrumental in air purification, filtering out such toxins as formaldehyde, benzene, and carbon monoxide. Some of the best plants for this job are ones that are rather easy to grow like philodendrons, peace lily, golden porthos, and spider plants. With the concern these days about volatile organic compounds, it seems more than ever that plants are an essential addition to every home.

A home with creative touches of living greenery will look more appealing to most people than rooms just full of furniture. Plants soften the atmosphere inside your home and add a feeling of friendliness and warmth. Consider using plants in your home staging as well as in your everyday living to enjoy all the benefits that they can offer you.

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Miami Real Estate – 5 Home Staging Tips

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Staging a home is a crucial step in selling your house in today’s Miami real estate market. The house must look inviting and appealing to a potential buyer. The buyers must visualize themselves living in the house and must feel welcome and at ease when viewing the property.

Miami real estate – These are the 5 staging tips for selling your home.

1. Landscaping – First thing you see is the landscaping. Some Miami real estate buyers won’t even go inside the house if the grass is dead and the trees and bushes are overgrown and abandoned. Fresh flowers are always very popular. Mow your lawn at least twice a week for a crisp look. Make sure the grass is green and there are no dead spots. Pruning is also recommended so the garden looks fresh and lively. Consider colorful flowers like impatience or carnations. Add a small fountain to give it a classical look. Clear your garden of all leaves, trash and other eyesores. A well manicure and professional looking landscaping is essential in creating that first impression.

2. Painting – A freshly painted house is a good way to welcome a potential buyer. Choose light colors instead of overbearing colors that will scare the buyer away. Don’t paint the house in shocking pink or red. The colors should be beige or peach. The colors should be eye pleasing to create a homey look. Do not paint each wall in a room a different color. Paint the whole room with the same color paint. There is no need to paint the outside of the house unless the paint is falling off.

3. Cleaning – The house must be clean and smell nice and fresh. There’s nothing worse that a house that is cluttered with junk and dirty. Pick up dirty clothes and shoes. Vacuum the carpets and use some aroma. Clean the tiles and the bathroom, especially the toilet and the shower. The kitchen must be sparkling clean and all pots and pans should be put away. Pick up the bed and clear the night table. A clean house will invite buyers to return and stay.

4. Lighting – Turn on the lights so the house won’t look dark and dreary. Open all drapes so the sunshine comes in. Arrange for home showing for daytime if possible. A dark house is very depressing and sends a wrong message to a potential Miami real estate buyer. The correct lighting will create a feeling of openness and added space.

5. Fixing – Hire a handyman to fix minor items around the house that won’t make the house look like if it’s falling apart. Fix a leaking sink that won’t stop running and the water drip is obvious and annoying. Screw in all doors and closet handles so they will not come off when pulled and opened by a potential Miami real estate buyer. Adjust all cabinet doors so they close properly and don’t appear broken. Try to do the work yourself first but if you don’t know how or don’t have the time you must hire a professional to do the work.

Creating the right ambience and inviting the buyers to come back and stay is a crucial step in order to sell your home in Miami real estate. You should consider hiring a home staging professional for more thorough and specific tips. Landscaping, painting with the right color, cleaning the house, proper lighting and sunshine, fixing and repairing the property are good ways to get the house ready for sale in the Miami real estate market.

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The Best Ways to Sell Your Home Fast

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Selling a home is often considered to be one of the most difficult tasks. Time and patience are the prerequisites involved in selling a house. It is essential to understand the basic need behind the sale of the house, so that you could take proper decisions on the significant factors, from setting the price to the investment of time and money. Apart from this, the time and season also dictate the decoration style and color scheme. Selling a home involves the creation of a clear plan of action and vigorous churning of thought processes. There are various ways, like renovating, clearing the clutter and online selling that help to attract the prospective buyers.

The following ways would help you sell your home fast:

Online selling: The Internet has boosted the real estate business. It helps sellers, buyers as well as the real estate agents. It enables them to reach out to a wide range of clientele. It allows people to relocate their homes, without any hassles, since numerous people wanting to sell and buy houses respond to the queries everyday on the home selling websites. The information specifies the size, location and the number of bedrooms, bathrooms, kitchen and the number of study-rooms required by the prospective buyers. In addition to this, online selling also provides you with additional details of houses on sale available at different locations, like the proximity to swimming pools, salons and gymnasiums. Most of the time the prices are also mentioned, to help both, sellers as well as buyers, to avoid the stressful task of enquiring before quoting the price. They even mention the address, contact numbers and the suitable visiting hours, to add to the comfort of buyers.

Multiple Listing Services: The multiple listing services, popularly known as MLS is a database that allows the real estate brokers to represent the sellers under a listing contract. It is meant to share information regarding the properties with a real estate broker. The broker may choose to represent potential buyers or cooperate with the sellers broker, to search for the property. Multiple listing services operate as a directory of properties for sale, situated at locations easily accessible by real estate agents and buyers. It basically works towards effective dissemination of information, so that when a real estate agent is introduced to a potential homebuyer, he could search the MLS system and retrieve information about all the homes for sale in the specified area and price range.

Real estate or investment company: It would be a wise attempt to sell your house to a real estate agent or investment company, since no financial eventuality would be required for the sale. Apart from this you need not invest in the repairing work as well. Moreover, you need not wait for a month to receive the money from the buyer.

Upload details of your home on the Internet: In order to sell your home fast, you should upload a picture of your home on the Internet. Try to place photographs that would define the exterior as well as the interior of your house at its best. If possible, get it done by a professional photographer.

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The importance of managerial accounting in the workplace

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Managerial accounting is concerned with the use of economic and financial information to plan and control many activities of an entity and to support the management decision course. Management accountants play important roles more specifically in planning & coordination with production, marketing and financial functions. A subset of the managerial accounting profession is cost accounting which relates to the determination and accumulation of products, processes, or service costs. Management and cost accountants are focused on the internal aspects of a business to keep it efficiently running and profitable.

Managerial and cost accountants use a lot of the same data used by financial accountants. The difference lies in the fact that the data used for managerial accounting is more likely to be used for a future orientated purpose whereas the financial accounting process is showing what has already taken place. Examples of future orientated planning are budgets, benchmarking, and profit projecting. This also means that managerial accountants can take a more proactive approach when it comes to tackling business and economic troubles that can and due arise for many companies.

Planning is a key part of the management process and although there are many descriptions of that process, a generally accepted definition would include reference to the process of planning, organizing and controlling businesses’ activities so that the organization can achieve its desired outcomes. Being able to anticipate what revenues will be and forecasting the expenses that will be incurred to achieve those revenues are critical activities in the budgeting process. That ability is crucial to many aspects of a company and allows employees’ to make more educated business decisions.

The internal orientation that management accountants have to their companies differs from the predominantly external orientation of financial accounting. Financial accounting is more externally important to such people as investors and shareholders. Management accountants work hand and hand with other internal departments such as merchandising, accounting, marketing, web and more. An example of this would be a managerial accountant working with a merchandiser to figure out how many units of a garment they can purchase in the next year and still have a good profit margin.

The benefit of management accounting is that it is not constrained by generally accepted accounting principles, which means that approximate results can be generated quickly for decision-making activities.  Which means while accuracy is valued in the data, relevance is more important for managerial accounting reporting. This is also helpful because it allows the managerial accountant to adapt to different economic climates, business strategies and departments changing needs.

In order to become a managerial accounting professional a bachelor’s degree with a major in accounting is usually a requirement.  A management accountant should possess great analytic and people skills since they will be dealing with many different people and departments in a professional role. A management accountant may also become a Certified Management Accountant (CMA) by passing a respective board four-part test. The CMA examination is given in a computer-based format using objective questions only. In addition to the status that comes along with this professional designation, CMAs are often given greater professional responsibilities and higher compensation than those who do not have a CMA title.

There are many helpful resources that are available to managerial accountants acquire valuable information that pertains to their professions. An example of a helpful resource is The Institute of Management Accountants (IMA) that is dedicated to advancing the role of the management accountant and financial manager within the business organization, and provides relevant professional certification. Becoming a member of the IMA would be helpful to anyone in a business role that involves making decisions based on financial information.

The American Institute of Certified Public Accountants (AICPA) states that management accounting as practice extends to three areas: strategic management, performance management and risk management. Strategic Management is advancing the role of the management accountant as a strategic partner in the organization. Performance Management is developing the practice of business decision-making and managing the performance of the organization. Risk management is contributing to frameworks and practices for identifying, measuring, managing and reporting risks to the achievement of the objectives of the organization.

The future possibilities for managerial accountants are endless. Since they are used so much in planning financial aspects of business they will always play a crucial role in a wide range of companies. The career path of a managerial accountant is a safe one because it is timeless and able to adapt to ever changing analytics and technologies that can aid in the planning process.

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Source by Michelle Moran

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