Archive | Editorial RSS feed for this section

IRTA Says Barter Gives Relief to Depressed World Currencies

The current global recession has placed enormous financial pressure on every business sector, every level of government and virtually every individual on the planet. The prolonged economic downturn has tested peoples’ confidence in once-respected financial institutions and government-managed monetary systems. The recent proliferation of barter exchanges, community currency systems, online barter sites, government sponsored trade […]

Alternative to Writing Down Inventories

Many businesses face difficult decisions at the end of every year to write off excess or aged inventory in an effort to have the financial statements accurately reflect the financial position of said inventory. Banks are now performing this every quarter for assets such as mortgages. The progressive opinion of writing assets off will be […]