In a single entry system of accounting, there occurs one entry for one transaction, either it is an income or expense account. A cash book…
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Value Added Tax – Definition, Meaning, Examples, Advantages and Disadvantages of VAT
Value added tax is assessed incrementally, and it is calculated on the amount by which the value of any product or service increases at each…
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Green Bond Definition – Types and Benefits
Definition Green Bond is a bond issued by the Government, which is also tax-free and serves the purpose of financing projects aimed at mitigating climate…
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Impact Investing | Types, Importance & Characteristics
Impact investing is made to generate some measurable, positive, and productive environmental and social impacts together with financial returns. The primary objective of impact investing…
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The 10 Principles of Accounting
Principles of accounting revolve around rules and guidelines suggested by FASB (Financial Accounting Standards Board) that companies need to follow during account management associated with…
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9 Key Limitations of Accounting
Accountancy has undoubtedly developed as a structured branch of study. It has gained immense acceptance and acknowledgment as a piece of applied knowledge. It assists…
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The Golden Rules of Accounting
If your accounting has become an aimless mess, then Golden Rules of Accounting can resolve all the issues in your system of debit and credit….
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How To Calculate Marginal Cost (with Steps and Formula)
Marginal cost is referred to as incremental cost and is defined as the increase or decrease in the cost of production of more units or…
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Entrepreneurial Finance: How to get funding for a project?
Entrepreneurial finance is defined as the study of resource allocation and value, which is applied to new companies or startups and ventures. Entrepreneurs are often…
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Financial Performance Definition, Analysis & Measures Explained
Understanding financial performance is essential for every organization because most of the organization’s crucial decisions depend on the financials. Understanding financial performance is necessary because…
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Liabilities – Definition, Meaning and Types
Definition Liabilities can be defined as a financial debt owed by a company or business because of its business borrowing activities. The definition of liabilities,…
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Return on Sales – Definition And Return on Sale Formula
In business, the main motive of all organisations is to make a profit so that they can use that profit amount to expand their business….
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What is Cash Flow Management? Importance and Tips
Cash Flow Management empowers you to check, assess, and adjust the cash-flow/income of your company in a manner that you do not face cash-crunch issues….
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Activity-Based Costing | Uses, Advantages and Disadvantages
Definition Activity-Based Costing is also referred to as ABC. It is defined as a costing method to identify activities in an organization and assign indirect…
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Financial Management – Objectives And Elements
Financial management means planning, organizing, controlling, and directing all the financial activities like procurement, funds utilization, etc. Financial management is applying the management principles to…
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