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Surprisingly, some forty years later, entrepreneurs of small and medium-sized companies can nonetheless be heard saying the identical 1-liner without understanding that responsibility for preparing the economic statements resides with the management of the enterprise.

Ultimately, in regard to the screen on accounts receivable, the Shari`ah permits investing in shares of companies in which the primary company activity is deemed lawful if the accounts receivable do not represent the majority (much more than 50%) of the total assets.

There’s a legal text on Chapter 11 bankruptcy law, a book of investment ideas regarding troubled firms, suggestions on how to send a organization to the wall, a company success how-to manual detailing the most significant blunders organizations can make for their economic nicely-being and, lastly, a book documenting the retail downfall in 2008.