Total assets minus total liabilites

  Simply we can say, EQUITY IS NOTHING BUT ITS ONLY A WAY OF COLLECTING CAPITAL through the investor in favor of a company. Equity is the capital amount which is raised or contributed by the members of the company. For example, if your home is worth $300,000 and you owe $100,000, you... »read more

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Explain the basis accounting unventories and describe the inventory cost flow methods

LIFO, which stands for "last in, first out," and FIFO, which stands for "first in, first out," are terms commonly used in inventory control, in cost accounting and in computer science. They all stand for literally the same phrases, but it means something different in each... »read more

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An economic concept established by economist Richard Thaler.

  A concept first named by Richard Thaler (1980), mental accounting attempts to describe the process whereby people code, categorize and evaluate economic outcomes.  Definition:   An economic concept, which contends that individuals divide their current and future assets... »read more

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to determine the weight for the variables to consider them for the five areas of CAMEL.

A major problem with the rating of MFIs is  to select the variables responsible for as there is no specific framework for that so that statistical significance can be tested. The challenges of the study is to determine what aspects do matter with the rating of MFIs. Why the existing... »read more

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Payroll Accounting and Determination

Payroll Accounting: The term “payroll” pertains to both salaries and wages. Managerial, administrative and sales personnel are generally paid salaries. Salaries are often expresser in terms of a specified amount per month or per year rather than an hourly rate. For example: in... »read more

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Deductive reasoning, or deduction, starts with a general case and deduces specific instances.

Deductive reasoning is one of the two basic forms of valid reasoning. While inductive reasoning argues from the particular to the general, deductive reasoning argues from the general to a specific instance. The basic idea is that if something is true of a class of things in general, this... »read more

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these four jewelry are the items that need the WOW gamers

In a term, these four jewelry are the items that need the WOW gamers who want to offer them must achieve level 80. By the way, they are all deserving a sum of WOW gold.We encourage the most experienced Field combatants to get into the new Realm of World of warcraft International Field Competition... »read more

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Some criticisms and critiques of micro finance ..

  Micro finance could be defined as banking for poor. It had been developed and popularized by Professor Muhammad Yunus. The word micro-finance itself covering a wide range of micro loans, which need to be defined in a proper manner in order to know what one, is speaking about. The... »read more

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The Father of Accounting

Fra Luca Bartolomeo de Pacioli (sometimes Paciolo) (1446/7–1517) was an Italian mathematician and Franciscan friar, collaborator with Leonardo da Vinci, and seminal contributor to the field now known as accounting. The young Pacioli had always loved mathematics though, and he soon... »read more

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Generally Accepted Accounting Principles

  There are general rules and concepts that govern the field of accounting. These general rules—referred to as basic accounting principles and guidelines—form the groundwork on which more detailed, complicated, and legalistic accounting rules are based. For example, the... »read more

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