Have you ever had an uncontrollable urge to be pierced by a dozen needles? This is the image most people get when someone mentions the word “acupuncture”. It comes as no surprise that most view this technique with suspicion, even downright horror.
The fact is, however, that this relatively painless ancient Chinese technique has helped relieve the symptoms of millions of people. Properly used, it can help in the management of many medical conditions including chronic pain and fatigue.
How does needle puncture work?
Practitioners of Chinese traditional medicine believe in energy flows. This energy, called Qi, circulates around the body using pathways called meridians. Meridians run very close to the surface of the skin in certain areas and can be accessed by needles.
Much like plumbing, these pipes can get blocked or go the wrong way, causing health problems. The insertion of needles at these points is aimed to help loosen blocks and normalize flow.
It sounds like a made-up explanation with no basis in reality, but there are numerous scientific studies which support the effects of acupuncture. Although the exact scientific basis is still unknown, recent theories seem to suggest involvement of complicated neurochemical effects in the brain, nerve to spinal cord impulse modulation, and microscopic connective tissue changes.
What risks and side effects are of concern?
The use of things not completely understood for the treatment of medical conditions is nothing new. Penicillin and aspirin were used for decades solely on the basis of their beneficial effects, without doctors knowing exactly how they worked. Results are what are truly important. However, it is equally important is to ensure that the technique is used safely.
Like other strategies used in treating health conditions, acupuncture may have some side effects. Medications have side effects and allergic reactions, surgeries have risk of infection and complications. For needle puncture, there is a risk of injury, rare infections, minor bleeding, small bruises, and some dizziness.
You can minimize the possible side effects by choosing a licensed acupuncturist. Most countries either have government licensing in place or have professional organizations with very strict rules and regulations.
How do treatments go?
An acupuncturist will do an initial evaluation of your medical history and your body’s current state. Multiple pressure points are palpated, and a regimen of treatment is formulated. Most courses involve a series of 10 to 20 treatment sessions, each lasting 30 to 90 minutes. Needles will be carefully placed at the required points and kept in place for some time. Most patients report a feeling of mild sensation at the site of the puncture, but no real pain.
Right after each acupuncture session, you will feel a bit tired and may need to rest. Some people feel an increase in their energy levels. The response to acupuncture is very individual. In some cases there is immediate relief of symptoms. For some patients, the beneficial effects may only be noticed after undergoing a few sessions. Do not be alarmed and keep your acupuncturist updated on what you are feeling to ensure everything is going as expected.
You need never fear the thought of needles ever again. Acupuncture is a beneficial treatment with a long history of effectiveness. It is used to complement current medical therapy and should not replace currently existing medications or treatments.
The safe application of this once exclusively Chinese therapy can now be experienced by chronic disease sufferers worldwide.
Monday, May 3, 2010
A Little Know-How about Botox Injections for Wrinkles
How far are you willing to go to be beautiful? As years go by, developments even in the beauty department never seem to cease. You will see a product available commercially based on your need, may it be immediate or long term. There are creams that could easily wipe out your pimples, Botox injections for wrinkles, whitening lotions and creams for your skin and a lot more.
To Be or Not to Be
The important thing that you have to ask yourself is do you really need to go the drastic route in order to retain your younger looking skin. Everybody will eventually look old no matter how helpful science had been to you. In the manner of using beauty products and undergoing surgeries and injections, you are merely slowing the process.
If you are already considering your options about the said topic, you have to be ready for the results and the consequences. To lessen your worries, do a thorough research about what you want to be done. Ask around and ask for referrals for professionals whom you will trust to handle your skin, that is if you are going the scientific path to a more beautiful you.
Botox, Anyone?
Who haven’t heard of Botox? Many popular people like celebrities have gone through this procedure just so to remove the unwanted lines on their faces. This is especially useful if your appearance is your bread and butter. So what do you know about this? This list will remind you of things that you already know and may want to know about this procedure.
1. Botox is known for removing wrinkles. But it will not help diminish other common akin problems caused by aging such as the age spots, sun damage and problems with pigmentation. This will also not soften your skin if your main concern is about its roughness.
2. This is a costly procedure. If you really want to undergo such, you have to save up for it. And do save up for it a lot because you will not undergo through this only once. You have to undergo the procedure after a few months depending on what your doctor asks you to do according to your skin’s reaction to it.
3. This is very risky especially if you will not go to the right doctor. The procedure entails injecting of toxins to your skin. Not everybody has the same reaction on those toxins.
4. You have to tell your doctor the vitamins and medicines that you are taking before undergoing through this. They have to be informed about your body and your system so that they would know better if you are ready for it or you are not really fit.
5. If not done properly, instead of removing the unwanted lines, you may end up having more than what you had before going through it.
6. This is not for sensitive type of skin and veins. Botox includes injections. The one who will be getting the shots must first make sure that they are ready emotionally, physically and mentally.
Botox injections for wrinkles must be thought very hard before committing to the procedure. Once you’ve done it, there is no turning back and you have to abide according to what your doctor tells you to do. If you are still at a lost if you will do this or not, research about this more and after gaining more knowledge, you will sure be able to decide for the best.
To Be or Not to Be
The important thing that you have to ask yourself is do you really need to go the drastic route in order to retain your younger looking skin. Everybody will eventually look old no matter how helpful science had been to you. In the manner of using beauty products and undergoing surgeries and injections, you are merely slowing the process.
If you are already considering your options about the said topic, you have to be ready for the results and the consequences. To lessen your worries, do a thorough research about what you want to be done. Ask around and ask for referrals for professionals whom you will trust to handle your skin, that is if you are going the scientific path to a more beautiful you.
Botox, Anyone?
Who haven’t heard of Botox? Many popular people like celebrities have gone through this procedure just so to remove the unwanted lines on their faces. This is especially useful if your appearance is your bread and butter. So what do you know about this? This list will remind you of things that you already know and may want to know about this procedure.
1. Botox is known for removing wrinkles. But it will not help diminish other common akin problems caused by aging such as the age spots, sun damage and problems with pigmentation. This will also not soften your skin if your main concern is about its roughness.
2. This is a costly procedure. If you really want to undergo such, you have to save up for it. And do save up for it a lot because you will not undergo through this only once. You have to undergo the procedure after a few months depending on what your doctor asks you to do according to your skin’s reaction to it.
3. This is very risky especially if you will not go to the right doctor. The procedure entails injecting of toxins to your skin. Not everybody has the same reaction on those toxins.
4. You have to tell your doctor the vitamins and medicines that you are taking before undergoing through this. They have to be informed about your body and your system so that they would know better if you are ready for it or you are not really fit.
5. If not done properly, instead of removing the unwanted lines, you may end up having more than what you had before going through it.
6. This is not for sensitive type of skin and veins. Botox includes injections. The one who will be getting the shots must first make sure that they are ready emotionally, physically and mentally.
Botox injections for wrinkles must be thought very hard before committing to the procedure. Once you’ve done it, there is no turning back and you have to abide according to what your doctor tells you to do. If you are still at a lost if you will do this or not, research about this more and after gaining more knowledge, you will sure be able to decide for the best.
Depreciation reporting - business's fixed assets
In an accountant's reporting systems, depreciation of a business's fixed assets such as its buildings, equipment, computers, etc. is not recorded as a cash outlay.
When an accountant measures profit on the accrual basis of accounting, he or she counts depreciation as an expense. Buildings, machinery, tools, vehicles and furniture all have a limited useful life. All fixed assets, except for actual land, have a limited lifetime of usefulness to a business.
Depreciation is the method of accounting that allocates the total cost of fixed assets to each year of their use in helping the business generate revenue.
Part of the total sales revenue of a business includes recover of cost invested in its fixed assets. In a real sense a business sells some of its fixed assets in the sales prices that it charges it customers.
For example, when you go to a grocery store, a small portion of the price you pay for eggs or bread goes toward the cost of the buildings, the machinery, bread ovens, etc. Each reporting period, a business recoups part of the cost invested in its fixed assets.
It's not enough for the accountant to add back depreciation for the year to bottom-line profit. The changes in other assets, as well as the changes in liabilities, also affect cash flow from profit.
The competent accountant will factor in all the changes that determine cash flow from profit. Depreciation is only one of many adjustments to the net income of a business to determine cash flow from operating activities.
Amortization of intangible assets is another expense that is recorded against a business's assets for year. It's different in that it doesn't require cash outlay in the year being charged with the expense. That occurred when the business invested in those tangible assets.
When an accountant measures profit on the accrual basis of accounting, he or she counts depreciation as an expense. Buildings, machinery, tools, vehicles and furniture all have a limited useful life. All fixed assets, except for actual land, have a limited lifetime of usefulness to a business.
Depreciation is the method of accounting that allocates the total cost of fixed assets to each year of their use in helping the business generate revenue.
Part of the total sales revenue of a business includes recover of cost invested in its fixed assets. In a real sense a business sells some of its fixed assets in the sales prices that it charges it customers.
For example, when you go to a grocery store, a small portion of the price you pay for eggs or bread goes toward the cost of the buildings, the machinery, bread ovens, etc. Each reporting period, a business recoups part of the cost invested in its fixed assets.
It's not enough for the accountant to add back depreciation for the year to bottom-line profit. The changes in other assets, as well as the changes in liabilities, also affect cash flow from profit.
The competent accountant will factor in all the changes that determine cash flow from profit. Depreciation is only one of many adjustments to the net income of a business to determine cash flow from operating activities.
Amortization of intangible assets is another expense that is recorded against a business's assets for year. It's different in that it doesn't require cash outlay in the year being charged with the expense. That occurred when the business invested in those tangible assets.
Depreciation -is an expense
Depreciation is a term we hear about frequently, but don't really understand. It's an essential component of accounting however. Depreciation is an expense that's recorded at the same time and in the same period as other accounts.
Long-term operating assets that are not held for sale in the course of business are called fixed assets. Fixed assets include buildings, machinery, office equipment, vehicles, computers and other equipment. It can also include items such as shelves and cabinets.
Depreciation refers to spreading out the cost of a fixed asset over the years of its useful life to a business, instead of charging the entire cost to expense in the year the asset was purchased. That way, each year that the equipment or asset is used bears a share of the total cost. As an example, cars and trucks are typically depreciated over five years.
The idea is to charge a fraction of the total cost to depreciation expense during each of the five years, rather than just the first year.
Depreciation applies only to fixed assets that you actually buy, not those you rent or lease. Depreciation is a real expense, but not necessarily a cash outlay expense in the year it's recorded. The cash outlay does actually occur when the fixed asset is acquired, but is recorded over a period of time.
Depreciation is different from other expenses. It is deducted from sales revenue to determine profit, but the depreciation expense recorded in a reporting period doesn't require any true cash outlay during that period.
Depreciation expense is that portion of the total cost of a business's fixed assets that is allocated to the period to record the cost of using the assets during period. The higher the total cost of a business's fixed assets, then the higher its depreciation expense.
Long-term operating assets that are not held for sale in the course of business are called fixed assets. Fixed assets include buildings, machinery, office equipment, vehicles, computers and other equipment. It can also include items such as shelves and cabinets.
Depreciation refers to spreading out the cost of a fixed asset over the years of its useful life to a business, instead of charging the entire cost to expense in the year the asset was purchased. That way, each year that the equipment or asset is used bears a share of the total cost. As an example, cars and trucks are typically depreciated over five years.
The idea is to charge a fraction of the total cost to depreciation expense during each of the five years, rather than just the first year.
Depreciation applies only to fixed assets that you actually buy, not those you rent or lease. Depreciation is a real expense, but not necessarily a cash outlay expense in the year it's recorded. The cash outlay does actually occur when the fixed asset is acquired, but is recorded over a period of time.
Depreciation is different from other expenses. It is deducted from sales revenue to determine profit, but the depreciation expense recorded in a reporting period doesn't require any true cash outlay during that period.
Depreciation expense is that portion of the total cost of a business's fixed assets that is allocated to the period to record the cost of using the assets during period. The higher the total cost of a business's fixed assets, then the higher its depreciation expense.
Sunday, May 2, 2010
Inventory and expenses - largest current asset of a business
Inventory is usually the largest current asset of a business that sells products. If the inventory account is greater at the end of the period than at the start of the reporting period, the amount the business actually paid in cash for that inventory is more than what the business recorded as its cost of good sold expense.
When that occurs, the accountant deducts the inventory increase from net income for determining cash flow from profit.
the prepaid expenses asset account works in much the same way as the change in inventory and accounts receivable accounts. However, changes in prepaid expenses are usually much smaller than changes in those other two asset accounts.
The beginning balance of prepaid expenses is charged to expense in the current year, but the cash was actually paid out last year. this period, the business pays cash for next period's prepaid expenses, which affects this period's cash flow, but doesn't affect net income until the next period. Simple, right?
As a business grows, it needs to increase its prepaid expenses for such things as fire insurance premiums, which have to be paid in advance of the insurance coverage, and its stocks of office supplies.
Increases in accounts receivable, inventory and prepaid expenses are the cash flow price a business has to pay for growth. Rarely do you find a business that can increase its sales revenue without increasing these assets.
The lagging behind effect of cash flow is the price of business growth. Managers and investors need to understand that increasing sales without increasing accounts receivable isn't a realistic scenario for growth. In the real business world, you generally can't enjoy growth in revenue without incurring additional expenses.
When that occurs, the accountant deducts the inventory increase from net income for determining cash flow from profit.
the prepaid expenses asset account works in much the same way as the change in inventory and accounts receivable accounts. However, changes in prepaid expenses are usually much smaller than changes in those other two asset accounts.
The beginning balance of prepaid expenses is charged to expense in the current year, but the cash was actually paid out last year. this period, the business pays cash for next period's prepaid expenses, which affects this period's cash flow, but doesn't affect net income until the next period. Simple, right?
As a business grows, it needs to increase its prepaid expenses for such things as fire insurance premiums, which have to be paid in advance of the insurance coverage, and its stocks of office supplies.
Increases in accounts receivable, inventory and prepaid expenses are the cash flow price a business has to pay for growth. Rarely do you find a business that can increase its sales revenue without increasing these assets.
The lagging behind effect of cash flow is the price of business growth. Managers and investors need to understand that increasing sales without increasing accounts receivable isn't a realistic scenario for growth. In the real business world, you generally can't enjoy growth in revenue without incurring additional expenses.
Saturday, May 1, 2010
Revenue and receivables - customers still owe the business
In most businesses, what drives the balance sheet are sales and expenses. In other words, they cause the assets and liabilities in a business. One of the more complicated accounting items are the accounts receivable.
As a hypothetical situation, imagine a business that offers all its customers a 30-day credit period, which is fairly common in transactions between businesses, (not transactions between a business and individual consumers).
An accounts receivable asset shows how much money customers who bought products on credit still owe the business. It's a promise of case that the business will receive. Basically, accounts receivable is the amount of uncollected sales revenue at the end of the accounting period. Cash does not increase until the business actually collects this money from its business customers.
However, the amount of money in accounts receivable is included in the total sales revenue for that same period. The business did make the sales, even if it hasn't acquired all the money from the sales yet. Sales revenue, then isn't equal to the amount of cash that the business accumulated.
To get actual cash flow, the accountant must subtract the amount of credit sales not collected from the sales revenue in cash. Then add in the amount of cash that was collected for the credit sales that were made in the preceding reporting period.
If the amount of credit sales a business made during the reporting period is greater than what was collected from customers, then the accounts receivable account increased over the period and the business has to subtract from net income that difference.
If the amount they collected during the reporting period is greater than the credit sales made, then the accounts receivable decreased over the reporting period, and the accountant needs to add to net income that difference between the receivables at the beginning of the reporting period and the receivables at the end of the same period.
As a hypothetical situation, imagine a business that offers all its customers a 30-day credit period, which is fairly common in transactions between businesses, (not transactions between a business and individual consumers).
An accounts receivable asset shows how much money customers who bought products on credit still owe the business. It's a promise of case that the business will receive. Basically, accounts receivable is the amount of uncollected sales revenue at the end of the accounting period. Cash does not increase until the business actually collects this money from its business customers.
However, the amount of money in accounts receivable is included in the total sales revenue for that same period. The business did make the sales, even if it hasn't acquired all the money from the sales yet. Sales revenue, then isn't equal to the amount of cash that the business accumulated.
To get actual cash flow, the accountant must subtract the amount of credit sales not collected from the sales revenue in cash. Then add in the amount of cash that was collected for the credit sales that were made in the preceding reporting period.
If the amount of credit sales a business made during the reporting period is greater than what was collected from customers, then the accounts receivable account increased over the period and the business has to subtract from net income that difference.
If the amount they collected during the reporting period is greater than the credit sales made, then the accounts receivable decreased over the reporting period, and the accountant needs to add to net income that difference between the receivables at the beginning of the reporting period and the receivables at the end of the same period.
Balance sheet - picture of the financial condition of a business
A balance sheet is a quick picture of the financial condition of a business at a specific period in time. The activities of a business fall into two separate groups that are reported by an accountant.
They are profit-making activities, which includes sales and expenses. This can also be referred to as operating activities. There are also financing and investing activities that include securing money from debt and equity sources of capital, returning capital to these sources, making distributions from profit to the owners, making investments in assets and eventually disposing of the assets.
Profit making activities are reported in the income statement; financing and investing activities are found in the statement of cash flows. In other words, two different financial statements are prepared for the two different types of transactions.
The statement of cash flows also reports the cash increase or decrease from profit during the year as opposed to the amount of profit that is reported in the income statement.
The balance sheet is different from the income and cash flow statements which report, as it says, income of cash and outgoing cash. The balance sheet represents the balances, or amounts, or a company's assets, liabilities and owners' equity at an instant in time.
The word balance has different meanings at different times. As it's used in the term balance sheet, it refers to the balance of the two opposite sides of a business, total assets on one side and total liabilities on the other.
However, the balance of an account, such as the asset, liability, revenue and expense accounts, refers to the amount in the account after recording increases and decreases in the account, just like the balance in your checking account.
Accountants can prepare a balance sheet any time that a manager requests it. But they're generally prepared at the end of each month, quarter and year. It's always prepared at the close of business on the last day of the profit period.
They are profit-making activities, which includes sales and expenses. This can also be referred to as operating activities. There are also financing and investing activities that include securing money from debt and equity sources of capital, returning capital to these sources, making distributions from profit to the owners, making investments in assets and eventually disposing of the assets.
Profit making activities are reported in the income statement; financing and investing activities are found in the statement of cash flows. In other words, two different financial statements are prepared for the two different types of transactions.
The statement of cash flows also reports the cash increase or decrease from profit during the year as opposed to the amount of profit that is reported in the income statement.
The balance sheet is different from the income and cash flow statements which report, as it says, income of cash and outgoing cash. The balance sheet represents the balances, or amounts, or a company's assets, liabilities and owners' equity at an instant in time.
The word balance has different meanings at different times. As it's used in the term balance sheet, it refers to the balance of the two opposite sides of a business, total assets on one side and total liabilities on the other.
However, the balance of an account, such as the asset, liability, revenue and expense accounts, refers to the amount in the account after recording increases and decreases in the account, just like the balance in your checking account.
Accountants can prepare a balance sheet any time that a manager requests it. But they're generally prepared at the end of each month, quarter and year. It's always prepared at the close of business on the last day of the profit period.
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