The profitability ratio is utilized to measure the effectiveness of the business to produce profits in relation to…

Cash is the lifeline of all businesses. Runoff cash and your company is going to die. You can't…

Financial planning is the method that offers you a roadmap for achieving your life goals by preventing risks…

Many taxpayers have confused the Financial Year (FY) with the Assessment Year (AY). They also tend to treat…

We sometimes use the words bookkeeping and accounting synonymously. Nevertheless, it is in fact only one element of…

Accounting is among the most important tasks of almost any company. This can be done by a bookkeeper…

Accounting principles are the basic rules and procedures that businesses will obey while reporting all financial details and…

You may have learned in life about the Golden Rule: Treat how you'd like to be treated. But,…

These are written documents describing a company's business and financial performance. Financial statements are regularly audited to ensure…

Accounting is how the firm records, organizes, and manages its financial data. One should see accounting as a…