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…
Category: Finance Explained
Applying for a BlockFi Loan Explained – Features & How it works
We will be taking a dive into the steps required for applying for a BlockFi Loan, Features of BlockFi, Benefits of BlockFi Loan…
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…
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…
PRINCIPLES AND PRACTICE OF DOUBLE ENTRY SYSTEM
What is Double-Entry System? Double-entry refers to a system of bookkeeping that, while quite simple to understand, is one of the most important…
Importance and Benefits of Accounting Ethics
In this article, we will be taking a dive into Accounting Ethics. What Accounting Ethics stands for, it’s importance to accounting professionals. We…
WHO IS AN ACCOUNTANT: Accounting Technologies of The Future
WHO IS AN ACCOUNTANT? An Accountant is a person who has undergone formal or professional training in the process of accounting and who…
BOOK KEEPING VS ACCOUNTING: IMPORTANCE AND DIFFERENCE
Meaning of Book Keeping: Book-keeping from time immemorial has been defined as a science of recording business transactions in a systematic manner so…