debit and credit note
Understanding Debit And Credit Notes- 2024

Generally, a debit note is issued by the purchaser of goods and services in case of returning goods/services to the seller.

tax deduction
Standard Tax Deduction for Tax Year 2024

Tax deduction is the most common financial planning concern among individuals and business owners. Deductions are helpful because they reduce

Inventory management
Tips for Managing Inventory with Accounting Software

Accounting software can be a useful tool for businesses looking to manage their inventory more efficiently. Smart inventory management is

product line
Product Line: Definition, Functionality, and Benefits

Product line is the backbone of any successful business, which offers a diverse range of products to meet the different

Value Investing
Value Investing: Finding Undervalued Stocks

Have you ever heard of Warren Buffett? Warren Buffett is a well-known and successful value investor. He is often considered

Available-for-sale securities
Available-for-Sale Securities

Investing in the debt or equity market can be a tricky business. With so many options available, it can be

Trading securities
Understanding Trading Securities

Trading securities is a way to invest in financial markets by buying and selling various types of securities, such as

Held-to-maturity securities
Held-to-Maturity Securities

As John sat in his office staring at the latest market reports, he couldn’t help but think about all of

absolute return
What is Absolute Return? How to Calculate it?

Are you tired of losing money on your investments despite following the latest market trends and expert advice? If so,

Annual return
Annual Return – Everything You Need to Know

When jane reviewed her investment portfolio, she felt a sense of excitement. She had made some smart choices over the

other comprehensive income
Other Comprehensive Income (OCI)

Are you familiar with the concept of other comprehensive income? If not, you’re not alone. While many people focus on

appropriated retained earning
Appropriated Retained Earnings

Are you wondering what appropriate retained earnings are and what are its benefits? Appropriate retained earnings are a crucial component

fully vested
Fully Vested: Achieving Maximum Rewards

Imagine reaching retirement age and finding out that you are only entitled to a fraction of your retirement benefits because

shareholder resolution
Shareholder Resolution: Definition, Types, Eligibility

Imagine you are the CEO of a large corporation, and you have just received a surprise visit from a group

shareholders' fund
What is Shareholders’ Fund and How to Calculate i...

Whether you’re an investor looking to make informed decisions about your portfolio or a business owner looking to maximize the

minority interest
Minority Interest In Accounting

Minority interest is a financial concept that refers to the ownership of a company’s stock by shareholders who do not

Accounting practice
Accounting Practice: Methods, Principles, Types

In accounting, transactions are recorded in a systematic way based on procedures and standards known as accounting practice. A company must

quarterly report
Quarterly Report – What to Add In It?

Quarterly reports are like annual reports. They give financial information about your business that helps investors make decisions and create

interim financial statements
Interim Financial Statements

If your bookkeeper provides you with monthly financial statements or if you regularly schedule quarterly or mid-year reviews with your

financial statements audit
Financial Statements Audit

Financial statements audit is a process of verifying and examining the information contained in financial statements. Financial auditor has to

Limitations of financial statements
Limitations of Financial Statements

A business’s financial statements are one of the primary sources of information for a potential investor. They can help you