With FDIC insurance, your money held in a bank is protected by the federal government if your bank fails. But there are coverage limits.Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or ...
The federal government does not require lunch or meal breaks, but most states do. When offering rest periods, clearly define their length and let employees know if the break is paid or unpaid and if they need to clock their time. Overtime Explain who is eligible for overtime pay and how...
Risk management is the process of identifying, assessing and controlling threats to an organization's capital, earnings and operations. These risks stem from a variety of sources, including financial uncertainties, legal liabilities, technology issues, strategic management errors, accidents and natural dis...
CFOs are accountable to both the organization and various regulatory entities and authorities, including the Securities and Exchange Commission (SEC) in publicly held companies. They are well-versed in bothgenerally accepted accounting principles (GAAP)and state and federal regulations, such as the Sarb...
federal government's financial management. Through the years, statutes have been made to improve the financial management of the federal government. The Chief Financial Officers Act has been passed to make the financial management practices more efficient through the establishment of the agency financial...
Federal, state, and local requirements vary widely depending on the type of products sold, store location, and operational practices. You must obtain many licenses, from basic business permits to specialized approvals for selling alcohol, tobacco, or pharmaceuticals. There are also other financial ...
A savings bond is a low-risk, long-term investment that pays interest for up to 30 years. Unlike many financial instruments, it can be bought as a gift.
Leavitt said during the press briefing that “it is a temporary pause” while the administration is “reviewing the federal funding that has been going out the door.” More from Money: Home Prices Are Back on the Rise — Even in ‘Affordable’ Cities ...
Like individuals, governments must allocate their resources to different sectors of the economy. Public finance is how federal, state, and local institutions trackrevenueand manage expenses for all the services they provide to the public. Some of a government’s most essential functions include collec...
Federal Deposit Insurance Corporation (FDIC) protection (which checking accounts offer too) on any cash you don’t invest. But that money is allocated across multiple partner banks, so it’s insured up to $250,000 per partner bank.1 Advantages of a cash management account The potential benefit...