Financial Accounting

Business entities own different assets that are used for operations and revenue generations. Some assets are consumed within one accounting period, while others last for more than one accounting period. The short-term assets used within one year are not recorded in the company’s balance sheet. Instead, they are recorded as the expense of the company. […]

The choice of your university degree is probably the most significant and critical decision related to your future and professional life. Many students believe that a master’s with a major in science is what they need to have an ideal professional life. While many others believe that skills over degrees matter to make you a

Investors include various asset classes as a part of their investment portfolios. They may consist of a mix of equity and debt instruments. On top of that, they may also want to expand their selection beyond the traditional investment options. In that case, they can consider alternative investments. They may consider various factors while building

Companies earn revenues from their operations. However, they must also incur expenses to generate sales. The difference between both these represents the profit or income for a company. Another term used to describe this income or earnings is profits. Companies measure these profits at regular intervals to establish the profitability of their operations. In some

Most companies exist to profit from their activities. These activities may differ from one company to another. On top of that, even investors prefer to invest in companies that illustrate growing profits. In most cases, the net income generated by a company plays a role in how it fares in its operations. However, profits aren’t

Companies rely on their accounting function to record and report transactions accurately. This function provides the base for the company to prepare financial statements. Initially, the process starts when a financial transaction occurs. The accounting function processes that transaction and records it in the books. Usually, this process happens through an automated system. All financial

The global market has opened up many opportunities for investors to invest in securities from various markets. Despite that, many investors suffer to make an impact on their finances. Even without the global market, local investors find it challenging to profit from their investments. One of the most crucial issues has been the lack of