I remember when I first entered the investment industry, and for the very first time using the xirr calculator. And the truth be told it took me some good to comprehend the xirr meaning practically. So I will try my…
Difference between internal check and internal audit So the major difference between internal check and internal audit is that internal check is a subset of the internal audit. Which also means that the flow of a good company with good…
So, imagine you are running a business and you have sold your products or services on credit. And the payments are due to come in the coming few months. However, you need funds to manage your working capital expenses like…
As the name suggests deferred annuity plan means a delayed income for some form of recurring contribution today. Now theoretically this helps in planning for some financial goals like retirement. In this article we will discover and explore details how…
So let’s start with an example straight forward which will make the beyond budgeting CIMA concept very clear. Let’s say you created a company-level budget stating that you will spend $20,000 in marketing, $1000 in transportation of the products, and…
Do you remember the recent business’s in India, which had some very dramatic ends? For example consider the following business’s WeWork which raised more than 11 billion dollars filed for bankruptcy BYJU which is on the brink of shutting down…
Entrepreneurs, creators, and autonomous brands now operate in a local commerce environment where they must outcompete multinational corporations.Since the world is moving much more toward online retail, inventory activities are more efficient than ever.It’s challenging to manage your inventories. A…
In disguised unemployment, everyone appears to be working, but there isn’t enough full-time work for everyone. Seasonal unemployment refers to the phenomenon of certain industries experiencing a spike in joblessness at specific times of the year. Seasonal unemployment, on the…
DSO full form stands for days of sales outstanding and is a measure of a company’s ability to collect cash from its customers. I was analysing a company with great revenues and great margins but with no cash! How is…
Financial management plays a crucial role in ensuring the long-term success of any organization. It involves making strategic decisions to optimize financial resources and achieve specific goals. In this article, we will explore two key long-run objectives of financial management:…
So, let me straight forward give you an example; if you take an education loan for an MBA, the bank gives you one year post your MBA program. Which basically means you’ve got one year to find your job and…
What is public finance meaning Public finance meaning is the management of a country’s revenue, expenditures, and debt load through various government and quasi-government institutions. In simple terms, it is the study of the role of the government in the…
