Finance

Finance is an offshoot of economics, which deals with the arrangement, management and deployment of…

Based on the stage at which the funding is provided, export finance is divided into…

The basic difference between internal check and internal audit is that internal check is a…

While autonomous investment is not influenced by the change in the level of income, output,…

The concept of stock and flow is mainly used while computing the national income of…

Basically, there are two types of circular flow of income – Real Flow and Money…

Mutual Funds involve the pooling of money of lakhs of investors and making an investment…

Accounting is meant to keep a complete record of the business transactions in a sequential…

Difference Between Revenue Deficit and Fiscal Deficit

Difference Between Authorized Capital and Issued Capital

About 10 years ago, only full-service brokers were ranked at the top positions on the…

Intraday Trading is one in which the purchasing and selling of stocks take place within…

The provision refers to a liability whose amount and timing of occurrence are not definite.…

Do you know non-profit organizations don’t need to maintain a large set of books of…

Previously, people opted for manual filing of income tax returns. In the manual filing of…

The biggest difference between layoff and retrenchment is that layoff is volatile in nature, i.e.…

The term economics refers to a science of making logical decisions regarding the use of…

Provident Fund is an investment fund, wherein specified individuals can make the contribution, and a…

Taxes charged directly on the income or wealth of an individual is called Direct Tax.…

Stock Exchange is a marketplace, wherein the trading of securities between buyers and sellers takes…

Discount is an allowance provided to the customers in specific circumstances. In business, there are…

Assets refer to the economic resources of the business which the firm acquires either out…

In finance, the term ‘insolvency’ can be used in the context of both individuals and…

The Cash Flow Statement shows the changes in the cash position (Inflows and outflows) of…

Financial Accounting is the original form of accounting that deals with recording business transactions and…

Accounting is the art of keeping the record of business events and transactions in a…

A centre for which cost is ascertained and used to control cost is Cost Center.…

“Luca Pacioli” is the father of accounting. He discovered the concept of a double-entry system…

Retained Earnings imply a part of companies net earnings that are set aside and not…

The cash flow statement tells you the amount of cash inflows and outflows of a…

The meaning of profit is different to different persons, i.e. businessmen, accountant, workers, tax collectors,…

In business parlance, Gross Income refers to the income arising after deducting direct expenses from…

Cost accounting is that branch of accounting which aims at generating information to control operations…

A balance sheet, or otherwise known as a position statement. It is a statement which…

Cash flow Statement is as important as the other two parts (Profit & Loss Account…

Profit making is the main motto of every company. It works as an incentive to…

While in “Trial Balance“, the use of the terms ‘Debit’ and ‘Credit’ is to represent…

Accounting information is reported in the form of a financial statement. The financial statement is…

Net profit can be understood as the profit arrived after working on all expenses (both…

In business and financial context, margin is defined as the distinction between production or acquisition…