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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Net Asset Value is the market value of the assets of the scheme minus its liabilities.

In finance, valuation is the process of estimating the potential market value of a financial asset or liability. Valuations can be done on assets (for example, investments in marketable securities such as stocks, options, business enterprises, or intangible assets such as patents and... »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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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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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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How is historical accounting better than alternatives?

Historical Cost Accounting is a traditional valuation method as it reflects only on the past cost of the asset, however in the contemporary business environment companies must remain flexible and transparent. This belief has lead to the creation of several other valuation methods, due to... »read more

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The true liquidity refers to the ability of a firm to pay its short term obligations as and when they become due.

  The measurement of a firm's short run ability to pay its debts as they come due is a very important aspect of financial analysis. Most credit analysts use the current and quick ratios for this purpose. Many businesses find it necessary at some point to borrow funds. Lenders need to... »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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ntial architectur

longchamp outlet store Precisely what High end tote will Neighborhood Trendy double Kate Moss took towards roadways? People connected with higher level of sensitivity towards style will need to have seen of which Longchamp having Kate Moss unveiled Kate Moss Regarding Longchamp combination of... »read more

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Basic Principles of Taxation

  The term “taxation” comes from Latin word “Taxation”. It means too determine he payable quantum on estimate. Taxing authority determines tax to be payable by the assesse. So Tax is the revenue collected by the Government from persons and organizations under... »read more

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