What is an Environmental Impact Statement?

An Environmental Impact Statement (EIS) is an important tool that has the objective of making certain federal and other activities more responsible towards the environment. Created in the background of increased awareness of the profound awareness of lifestyles and the workplace of Americans in the late 1960’s and early 1970’s, when a series of laws […]

What is Accounting Fraud and How to Prevent Financial Statement Fraud

Key Takeaway: An understanding of what is accounting fraud and how to prevent financial statement fraud is an important lesson for managements across the world, in any kind of business. In the simplest terms, accounting fraud is the practice of manipulating accounting records so that the actual financial condition is hid from the investors, the public […]

What is a Performance and Talent Management System?

  Performance and talent management systems have been acquiring importance of late as management systems that help track employee performance in a more comprehensive manner than human resources management systems (HRIS). Where a performance and talent management system differs from an HRIS is that while the latter takes the physical aspects of the employee records […]

The role of packaging in food safety and security

The role of packaging in food safety and security is paramount. Perhaps no other factor plays the role of packaging when it comes to ensuring food safety and security. The role of packaging in food safety and security can be understood at its barest from the fact that packaging saves the product from rotting, contamination […]