Finance

Deferred revenue expenditure is that expenditure for which payment has been made or a liability incurred but which is carried forward on the presumption that it will be of benefit over a subsequent period or periods. In short, it refers to…

Money measurement concept - As per this concept, only those transactions, which can be measured in terms of money are recorded. Since money is the medium of exchange and the standard of economic value, this concept requires that those…

It doesn’t take an economic expert to realize that we live in some pretty turbulent times in terms of money. Whether you’re a business owner, an investor, or anyone else dealing with capital and finances, you likely already know just how…

The world of customer service is more complicated than in the past. It used to be a simple exchange of goods, services or information would be a straightforward transaction. However, we are now in the midst of a very different landscape. …

Entity concept states that business enterprise is a separate identity apart from its owner. Accountants should treat a business as distinct from its owner. Business transactions are recorded in the business books of accounts and owner’s…

Accounting Policy - Accounting Policies refer to specific accounting principles and methods of applying these principles adopted by the enterprise in the preparation and presentation of financial statements. Policies are based on various…

Strategic Management: Strategy implementation is the process by which an organisation translates its chosen strategy into action plans and activities, which will steer the organisation in the direction set out in the strategy and enable…

Value Based Management: Every shareholder has greed and need to increase the value of his investment in short run and long run business means creation of value in corporate world, owners (Shareholder) do not have direct control over…

Udyog Aadhaar is Aadhaar for Business. It is a twelve digit Unique Identification Number provided by Ministry of Micro, Small and Medium Enterprises, Government of India for small and medium enterprises in India. It was launched in…

Interest on Capital - Interest is generally allowed on capitals of the partner Interest on capital of partners is calculated for the relevant period for which the amount of capital has been used in the business. Normally, it is charged for…

Forex Trading And Bollinger Bands: In 2019, forex trading had a daily turnover of $6.6 trillion. The forex market is the world’s largest market in terms of liquidity, value, and trading volume. It owes to the fact that the whole world…

Online Resources for Learning French: There are countless numbers of languages and cultures followed all around the world. Every language has its beauty and legacy but when it comes to French it is something that is more vivid, passionate,…