Posted on 10 November 2009
Tags: Business, cash-flow, Corporate finance, corporations, financial matters, Financial reports, financial risk, generating revenue, handling funds., keeping financial records, limited financial authority, maintenance and administration of funds, monetary stores, nonprofit organizations, treasurer, treasury
A treasurer is referred to as that person who oversees the treasury, or monetary stores, of a government or other body. Treasurers are commonly employed by clubs, corporations, and nonprofit organizations, as well as national and local governments. In the original use of the term, a treasurer was considered to be that person who was entrusted with the oversight of a noble’s wealth, or treasure.
Responsibilities of a treasurer
The responsibilities of a treasurer includes the maintenance and administration of funds, generating revenue, and keeping financial records. Financial reports for their employers are created by the treasurers and they also analyze past financial records in order to predict future trends and plan appropriate budgets.
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Posted on 23 June 2009
Tags: corporate overpayment exceeding $10000, corporations, federal short-term rate, Interest Rates, Interest Rates for the Third Quarter of 2009, Internal Revenue Service, large corporate underpayments interest rates, overpayments interest rates, underpayments interest rates
It has been announced by the Internal Revenue Service that interest rates will remain the same for the calendar quarter which will begin from July 1, 2009.
The interest rates are as follows:
For overpayments interest rates are 4% , in case of corporation they are 3%
For underpayments interest rates are 4%
For large corporate underpayments interest rates are 6%
For the portion of a corporate overpayment exceeding $10,000 interest rates are one and one-half percent.
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