A bill of lading is a legal document issued by a carrier to a shipper that specifies the type, quantity and destination of the goods being transported.
The bill of lading is a document of title, a receipt for shipped goods and an agreement between the carrier and the consignor.
This document must accompany the shipped goods and must be signed by an authorized representative of the carrier, shipper and recipient.
When properly managed and audited, a bill of lading can help prevent asset theft.
There are different types of bills of lading, so it is important to choose the right one.
Accountability is the acceptance of responsibility for one’s actions. This implies a willingness to be transparent, allowing others to observe and evaluate their work.
Accounting policies are the procedures a company uses to prepare financial statements. Unlike accounting principles, which are rules, accounting policies are the standard for following those rules.
Acquisition accounting is a set of formal guidelines describing how the acquirer should report the assets, liabilities, non-controlling interests and goodwill of the acquired company.
Performance Based Management (ABM) is a means of analyzing a company’s profitability by looking at every aspect of its business to determine its strengths and weaknesses.