Accounting concepts to be used The different accounting concepts to be used are as follows:  1. Going concern concept under which a business is concerned to an ongoing process without any specific life time.  2. The consistency concept which assumes that the concept that is adopted for one time will continue to be the concept in the future too.  3. The accrual concept that considers and records the income and expenses as and when they are due regardless of whether the transaction is made or not.  4. The prudence concept which entails not to overestimate an expense or income. Uses of a human resource department An organization should make use of a human resource department for managing all the matters that are concerned with the employees of an organization. It begins from recruitment of an employee to his retirement from the company. A corporate organization assigns the management of workforce of the organization to the human resource department. The major duties of human resource department are employee selection and recruitment, employee compensation and benefits, policy formulation and employee relations. Formation of a human resource department in an organization depends on the number of employees in the organization. “For larger, more complex organizations with hundreds of departments and divisions, the task is much more demanding, taking on a life of its own. Some companies have more than one HR Department – Corporate and Union.” (How HR works to get the job done, 1999 – 2008). SBA and SBDC. Contribution to small business Small Business Administration (SBA) is an independent agency formed in the year 1953 by the US federal government inorder to help the small business concerns of the country to grow and prosper. Considering the contribution that small business make to the economy of the country the US government provides many services beginning from financial assistance. “SBA provides a number of financial assistance programs for small businesses including 7(a), 504 and disaster assistance loans.” (Financial assistance, 2008). Some of the services offered by SBA to small business are financial assistance, grants, training, counseling and legal assistance. “The Small Business Development Center (SBDC) helps new entrepreneurs realize their dream of business ownership and assists existing businesses in their efforts to remain competitive.” (Small Business Development Center, 2008). SBDC is also an agency formed by the US Federal Government. SBDC provides assistance to individuals who have some business plans and also the existing small business. Ethical decisions Ethics refers to a certain standards that an individual is ought to reflect in the different role he plays as a social being. Ethics and law cannot be misunderstood as the same thing. “A good system of law does incorporate many ethical standards, but law can deviate from what is ethical.” (A framework for thinking ethically, 2008). Every activity depends on the decisions that are taken by the concerned persons on that. The steps to be followed for an ethical decision making are as follows:  1. Identification of ethical issue is the first step. After identifying the issue it should be analyzed on the basis of the influence it creates on the society, individual and organization with which it is related.  2. Secondly the concerned persons should gather the facts related to the case. Certain facts may be very clear and some others