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Category: Finance Explained

Finance Explained / 29/04/2022

Financial Statements:  Major Financial Statement Reports

Financial Statements:  Major Financial Statement Reports | Finanze.biz

  Financial statements help’s you analyze your company’s financial position and performance. They are made up of four major components, the most important…

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Finance Explained / 29/04/2022

MARKET STRUCTURES- Concept of Revenue

MARKET STRUCTURES- Concept of Revenue

In everyday speech, market refers to a fixed place where people meet to buy and sell. But in relation to Economics, market does…

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Finance Explained / 12/04/2022

Asset vs Liability- Differences and Relationship

Asset vs Liability- Differences and Relationship

On corporate financial statements and balance sheets, assets and liabilities are two of the most important components. Personal assets are those belonging to…

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Finance Explained / 12/04/2022

Principles-Based vs. Rules-Based Accounting

Principles-Based vs. Rules-Based Accounting

All businesses and organizations, large and small, must generate financial statements or end-of-year expense statements. And they do it by adhering to a…

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Finance Explained / 11/04/2022

Top 7 Inventory Management System

Top 5 Inventory Management System

  Inventory management’s goal is to guarantee that there are enough goods on hand to meet demand without overstocking or understocking. Inventory management…

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Finance Explained / 11/04/2022

Journals (Books of Original Entries)

Journals (Books of Original Entries)

  As derived from a French word, journal means daily from its root word Jour which means day. These Journals are called Books of…

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Finance Explained / 11/04/2022

Accounting ledger vs Journal

Accounting ledger vs Journal

  What is an Accounting Ledger ? Ledger is a principal book which comprises a set of accounts, where the transactions are transferred…

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Finance Explained / 11/04/2022

Importance and Methods Of Capital Budgeting

Importance and Methods Of Capital Budgeting

  In an ideal world, companies would explore all projects and opportunities that increase shareholder value and profit. Because the quantity of capital…

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Finance Explained / 11/04/2022

Objectives and Importance Of Cash Budget

Objectives and Importance Of Cash Budget

What Is a Cash Budget ? A cash budget details the projected sources and uses of cash over a given time period. This…

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Finance Explained / 11/04/2022

ACCOUNTING CONCEPTS AND CONVENTIONS

ACCOUNTING CONCEPTS AND CONVENTIONS

  Accounting is a business language, which is used to communicate financial information to the company’s stakeholders, regarding the performance, profitability and position…

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