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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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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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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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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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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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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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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CAMEL rating methodology has adapted to perform global risk assessments of MFIs

  Financial transparency is about the production, testing, dissemination and use of information related to an MFI's financial performance. Beginning with an MFI gathering and reporting accurate information, the sequence extends to verifying the information, then to analyzing, comparing, and... »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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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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