Finance

Double Entry System - Under this system a proper and full record of all transaction is made every transaction has a…

IFRS An Overview. The term IFRS is an acronym for International financial reporting standards. which means a set of…

Market Value Added (MVA) is the difference between the current market value of a firm and the capital contributed…

Conservatism Concept - Conservatism states that the accountant should not anticipate income and should provide for…

Trial Balance - We know that the fundamental principle of Double Entry System id accounting is that for every…

Meaning of Accounting - Accounting is the language of business. According to American Institute of Certified Public…

Entity Concept - Entity concept states that business enterprise is a separate identity apart from its owner.…

Accrual Concept - Accrual means recognition of revenue and costs as they are earned or incurred and not as money is…

Valuation approaches for distressed firms: A distressed asset is any asset that is put on sale at well below its…

Udyog Aadhaar is Aadhaar for Business. It is a twelve digit Unique Identification Number provided by Ministry of…

Ethical Finance: In the latter part of the 20th century, the market for these investments in western developed…

Interest on Capital - Interest is generally allowed on capitals of the partner Interest on capital of partners is…