Welcome to our website!
Cart 0

Big4WallStreet Finance Blog — budgeting

The Business of Events: From Ancient Rituals to the Global Experience Economy

#financial modeling binomial tree budget budgeting corporate finance event events finance

Long before the term “event planner” existed, communities gathered for celebration, ritual, conflict resolution, trade, and entertainment. What began as sacred ceremonies and civic duties has evolved into a vast global industry, spanning billion-dollar festivals, high-stakes business conferences, and virtual product launches.

Events have been central to society throughout history, serving various purposes, from religious observance and political spectacle to economic exchange and cultural celebration. As societies advanced, so too did the complexity and organization of events, laying the groundwork for today’s multibillion-dollar events industry.

 

History & Evolution

In early civilizations…

https://medium.com/@big4wallstreet/the-business-of-events-from-ancient-rituals-to-the-global-experience-economy-d656a518c954

Read more →


The Offshore Marine Services Industry: A Vital Sector for Global Maritime Operations

#financial modeling budget budgeting excel excel model excel templates offshore marine services

The offshore marine services industry plays an indispensable role in supporting a wide range of maritime and energy-related operations across the world’s oceans. It serves as the foundation for offshore industries such as oil and gas exploration, renewable energy development, subsea construction, and global maritime logistics. This highly specialized sector enables companies to operate in some of the most remote and challenging marine environments, providing the critical infrastructure, personnel, and technology necessary for offshore projects to function smoothly and efficiently. At its core, the industry is capital-intensive, requiring substantial investments in advanced vessels, cutting-edge technologies, and highly skilled maritime professionals....

Read more →


The Evolution of Communities: From Ancient Societies to Online Connections

budget budgeting Community corporate finance DCF finance Online Communities

Humans are inherently social creatures, and the need to belong to a community has been an essential part of our existence since the dawn of time. Communities, whether physical or virtual, serve as spaces for people to connect, collaborate, and support one another. Over the centuries, these communities have evolved significantly—from tight-knit ancient societies to sprawling online networks that connect people across the globe. This article explores the history of communities, their transformation through time, and the pivotal role online communities now play in bridging geographical and cultural divides. Ancient Communities: The Foundation of Human Connection The earliest human communities...

Read more →


Management Accounting

accounting break even analysis budgeting controlling cost decision making finance management accounting planning

1.           Intro to Management Accounting a.    Definition  “Management accounting is a system which analyses historical, actual and forecast data to provide managers the information for decision making.”    b.   The management accounting department The department provides management information for:  Planning: budget for the year, budget updates during the year, long term plan beyond the year.  Controlling: how do the revenues and costs compare with the budgeted ones and those of the previous periods. What are the variances? What are the reasons for the variances?  Decision Making: profitability assessment, buildup of selling prices, product costs comparisons (inventory, manufacturing, labor etc..), make...

Read more →