Once you step into the field of finance and accounting, there are so many paths that it often becomes hard to choose one. And when you want to pursue a career as a professional and independent accountant, CPA (Certified Public Accountant) is mandatory in many countries like the USA. But CPA is not the only …
Capital is the lifeblood of any business, and its importance in economics and finance is also undeniable. Therefore, it can be easily said that capital is a broader term that has different implications and meanings when used in different settings. However, in most cases, capital refers to the financial capital required to run business operations. …
What Is Capital? Definition, Types, and Examples Read More »
The companies use capital budgeting techniques to analyze different investment options and choose the best one. There are different techniques for this purpose, each having its own benefits and limitations. Therefore, it’s recommended in most cases to use a combination of two or more techniques to analyze all aspects of any investment project. Internal Rate …
What is Modified Internal Rate of Return (MIRR), and How to Calculate It? Read More »
Handling your finances should always be taken seriously as your life depends on it. There’s nothing more frustrating than seeing your hard-earned money disappear, just because a cyber hacker suddenly decided to target your account. With that, you should be smart in keeping them secure for your safety. Financial hackers are spreading each day, and …
7 Ways To Keep Your Financial Data Secure in 2022 Read More »
Finance, economics, and accounting are usually considered something that falls under the same category. However, the difficulty of students to differentiate these subjects and go for one major is actually a hustle. A student of these subjects can only understand the difference between difficulty levels, skills, and orientation. Although both subjects are related to money, …
Every individual establishes a different set of expectations and ideals when they choose a field or career path to pursue. Career counselors and experts often recommend choosing a field that is a passion of an individual as well as enough paying to have a decent living. On the other hand, some people believe that you …
Many times businesses have to make small expenses instantaneously, and prior requisition is not possible. Similarly, a business can’t vouch and account for every small expense like a cup of coffee, taxi fare, smaller office supplies, etc. Whatever the case, such expenses are unavoidable and have to be incurred. Therefore, most businesses maintain a small …
A famous Danish proverb says, Promises make debt, and debt makes promises. Corporate finance and personal finance both focus on two main sources of financing: debt and equity. Debt financing is the mode by which businesses and individuals borrow money from financial institutions. The borrowed amount is called a loan, and it is paid back …
Loan Amortization: Definition, Example, Calculation, How Does It Work? Read More »
A credit score affects your financial life in varying ways. This score determines whether you qualify for credit and whether that credit is given at a low or high interest rate. When renting a home, your credit score may determine the amount you pay as a security deposit. Improving your credit score can give you …
5 Important Factors That Directly Impacts Your Credit Score Read More »
Companies operate through funds gathered from various sources. Usually, these funds come from two sources, including equity and debt. Equity finance is one of the most prominent finance sources for companies. For businesses, it includes any capital invested by the owners. For companies, on the other hand, it consists of share capital and other reserves. …
