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 that expenditure that is, for the time being, deferred from being charged against income. … Read more
Efforts have already been launched by a group of financial institutions to investigate the potential opportunities that blockchain holds for their businesses. Some organizations like USAA Bank and BBVA have already put in millions of dollars in Bitcoin service providers like Coinbase and Circleto study blockchain applications. Some others like Barclays and Fidelity have created … Read more
Finance Roof Replacement: Unfortunately, roof replacements are one of those projects that might cost more than you expect. Why? Because many factors can impact the price, blowing your budget out of the water and resulting in you paying more than you wish. That’s why it’s important to know what can impact the replacement cost while … Read more
India witnesses a significant growth of startups. Now the startups are stepping into semi urban and rural area as well. Managing finance of a startup is the key to success. Financial management of a startup is not like the same as of an ongoing business. At the initial stage, when there is small fund availability, … Read more
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 September 2015 with the purpose to promote small businesses. Since its launch, approximately 87 Lacs businesses have registered … Read more
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 full year on the balance of capital at the beginning of the year unless … Read more
Conservatism Concept – Conservatism states that the accountant should not anticipate income and should provide for all possible losses. When there are many alternative values of an asset, an accountant should choose the method which leads to the lesser value. Later on we shall see that the golden rule of current assets valuation – ‘cost or market … Read more
Amid the looming financial uncertainties in recent times, millions of people lost jobs, and many small and medium enterprises had to shut down. It created an unprecedented demand for cash among people to help ends meet. Seeking an instant personal loan sounds like a great decision when there is a cash requirement at short notice. … Read more
How to become FRM, Financial Risk Management Course an Overview. The Financial Risk Manager (FRM) designation is the world’s most highly respected, certification for professionals who manage risk. Here we are providing all details for FRM Course like About the FRM Program, Roadmap of FRM Program etc. FRM Course is a Great Opportunity for getting … Read more
Home Refinancing: The Federal Reserve lowered interests rates 0.5% at the start of March 2020, and lowered them again mid-March to 0-0.25%. This explains the new craze for mortgage refinancing. The interest was reduced in an effort to help citizens cope with a difficult years. Consequently, experts say this is the best time to apply for … Read more
Difference between Operating Leverage and Financial Leverage: The term leverage refers to an increased means of accomplishing some purpose. Leverage is used to lifting heavy objects, which may not be otherwise possible. In the financial point of view, leverage refers to furnish the ability to use fixed cost assets or funds to increase the return … Read more
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 accounting concepts, principles and conventions. Accounting policies are the specific principles and procedures implemented by a company’s management team and are used to prepare … Read more