Author: John Ng

How Data Science is Used in Healthcare

Data science is a relatively new field that is quickly growing in popularity. Professionals with skills in data science are in high demand, as businesses and organizations realize the importance of analyzing data to make informed decisions. In this blog post, we will explore how data science is used in …

Amortized Cost: Definition, Calculation, Examples

When companies acquire financial assets, they must report them on their balance sheet. The value for these items initially comes from the costs associated with obtaining them. Later, however, companies must include them at a different amount. Accounting standards dictate what these amounts should be. Usually, this process falls under …

What Business Insurance Is Required by Law?

There are a few types of business insurance that are required by law. If you are a business owner, it is important to understand what these are and make sure that you have coverage for your company. In this blog post, we will discuss the three most common types of …

What Data Science Does and How It Can Benefit You

Data science is one of the most important and rapidly-growing fields today. But what does data science actually do? In this blog post, we will discuss what data science is and how it can benefit you. We will also cover the different types of jobs that are available in the …

Expenses: Definition, Types, Examples

Expenses are a necessary evil, we all have them. You may not think about them every day but they’re always there lurking in the background of your life. They can be overwhelming and stressful if you don’t keep up with them or know what to do when unexpected expenses come …

How Often Does Inflation Occur?

Inflation is a hot topic in the world of economics. But what is it, exactly? Inflation is defined as a sustained increase in the general level of prices for goods and services. It occurs when the demand for goods and services exceeds the available supply. This can be caused by …

Options Trading vs Equity Trading

When it comes to trading, there are two main types: option trading and equity trading. Both have their pros and cons, which we will discuss in this blog post. Equity trading is the more traditional type of trading, where you buy and sell shares of stock in publicly traded companies. …

Variance Analysis: Definition, Formula, Example

Project managers use variance analysis to identify and correct problems with their projects. By comparing the planned budget against the actual budget, they can spot areas where costs are over or under budget. This information can help them make necessary changes to keep the project on track. It is crucial …

Can You Claim Business Insurance on Tax?

There are a lot of tax deductions that business owners can claim, but one that is often overlooked is business insurance. This type of insurance protects your business from financial losses in the event of property damage, theft, or liability claims. In this blog post, we will discuss whether or …