Employees are the most important assets of an enterprise and its success or failure depends on their qualifications and performance. The current accounting system is not able to provide the actual value of employee capabilities and knowledge. This indirectly affects future investments of a...

For a successful business enterprise the prime condition is its survival. This requires strength or capacity to resist strain. Besides survival, the strength or the quality of being strong is also a pre-requisite for the growth of an enterprise. As mentioned by Walter Meigs and others, financial...