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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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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Palli Krama Sahayak Foundation

In recent years, micro credit, in its wider dimension known as microfinance, has become a much favored intervention for poverty alleviation in the developing countries and least development countries. There is scarcely a poor country and development oriented donor agency (multilateral,... »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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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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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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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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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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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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