Learn-Apply-Encash
We have a different set of clothes for different situations. Example- vibrant color clothes for birthday parties, whereas subtle clothes for someone’s funeral. Nightdress while going to bed whereas formal dress in the office. Similarly, there are different types of Share Capital suited for specific purposes. For easy remembrance-Mnemonic will be AISCPEP– “Awesome Ice shake …
While cooking, you need to use ingredients specific to the cuisine. You also need to use the right quantity of ingredients for good taste similarly different Ratios reflect upon the functional performance of a company and determine its long-term value. Thus Profitability Ratio Analysis helps to highlight the financial health of the company. Ratios are …
Let’s discuss Sources to extract online Financial Information from the ROC filing for Financial Statement Analysis: – Remember your “Report Card Day “, & how it used to send chills sent down your spine. How important it was because your beloved teacher would be educating your parents about your overall performance in your studies. List …
When you earn money, then part of that money goes into paying your monthly rent, buying groceries, paying utility bills, traveling, for personal expenses, etc. Whatever remains if any becomes your saving. The same vicious cycle continues, where you collect money from a source and allocate it amongst different resources. In this process, you tend …
Read moreIndian Financial System evolution and functions explained in simple way
Human is deemed to commit errors. Yet learning from them and not repeating them is something we tend to practice. In Accounting we need to detect errors and correct them. Let’s increase our Financial Quotient “FQ” by learning easy ways to find these types of accounting & bookkeeping errors & learn how to avoid them. …
Read moreEasy Steps to Detect Accounting & Bookkeeping Errors
With cash, comes purchasing power, liquidity, and cushion to absorb shocks. Cash Inflow and Outflow are important factors to determine the cash position of any firm. It is vital to meet short-term obligations. To understand the financial health of any company, financial analysis involves squeezing underlying information from the Cash flow statements or Fund Flow …
In Need of a loan? Want to get an assured loan quickly and easily? Then try offering secured collateral to the banks and get loans processed with a 90% guarantee. There are different types of collateral in secured form. Collateral is basically an assurance in the form of any asset which is of value to …
Imagine you go to a wedding party & start judging all based on looks, clothes, fashion sense, etc. Thus you are analyzing people around you based on various criteria right. Similarly, you can develop a futuristic opinion about the company’s performance by looking into its financial figures. Analysis of any Financial statement comprises of studying …
Read moreQuick Steps on How to do Financial statement analysis?
Let’s understand the concepts of Financial Markets and Institutions in detail. The structure of Financial markets and Institutions can help you understand how it works, differences in structure, and lots more. Formal and Informal Financial System As we all know the difference between a Parent’s Teacher Meeting and a Birthday party, same applies to the …
Read moreFinancial Markets and Institutions with comparisons
Consider you giving your car to your bestie with checklists to take care of. It may include To-Do List like keeping a petrol tank full, obeying traffic rules (positive debt covenants). It may also include a Not To Do list like No rash driving, No drink & drive (negative debt covenants). Similarly, a Debt or …