Sushanta Maiti - EDUCATIONLEAVES

What is Benchmarking? [PDF Inside]Process, Importance, 6 Types Value Cycle, Objectives, Advantages, and Disadvantages

April 7, 2023April 7, 2023 Sushanta Maiti 0 Comments Benchmarking, Best practices, Business strategy, commodity Indexes, Competitive benchmarking, Continuous improvement, Data analysis, fixed income indexes, Functional benchmarking, Industry standards, Internal benchmarking, Key Performance Indicators (KPIs), Organizational performance, Performance improvement, Process improvement, Technical benchmarking, Types of benchmarking

Benchmarking is the process of measuring and comparing the performance of an organization, process, or product against a set of established standards or best practices. It involves identifying and analyzing the practices and performance metrics of other organizations that are recognized as leaders in a particular industry or field, with the goal of improving the performance of the organization being benchmarked.

Economics

Financial Reporting: [PDF Inside] Methods, Purpose, Types, Components, Benefits, Examples

March 29, 2023May 10, 2023 Sushanta Maiti 0 Comments Accounting Standards, Auditors Report, Compliance, Financial Performance, Financial Reporting, Financial Statements, Investor Confidence, Regulatory Filing, Transparency

Financial reporting refers to the process of disclosing financial information to various stakeholders, such as investors, creditors, regulators, and the general public. The purpose of financial reporting is to provide relevant, reliable, and timely information about a company’s financial performance and position, as well as its cash flows and related disclosures.

Economics

Human Resource Accounting: [PDF Inside] Method, 3 Major Aspects, Example, Objectives, Functions, Benefits, And Negatives

March 26, 2023May 11, 2023 Sushanta Maiti 0 Comments Cost accounting, economics, Employee productivity, Employee retention, Employee valuation, Financial Reporting, HR analytics, Human capital management, Human resource accounting, human resource management, Performance management, ROI of employee development, Talent acquisition, Workforce planning

Human resource accounting is a type of accounting that focuses on measuring the value of a company’s human resources, such as its employees, in financial terms. The basic idea behind human resource accounting is that a company’s workforce is a valuable asset, just like its physical assets, and should be accounted for in a similar manner.

Economics

What is Cost Accounting? [PDF Inside] Types, Objectives, Functions, Benefits, and Negatives, Financial Accounting

March 25, 2023May 11, 2023 Sushanta Maiti 0 Comments Accounting for production costs, Activity-based costing, Business accounting for costs, Cost accounting, Cost analysis, cost control, Cost Management, Cost reduction, Direct costing, Financial accounting vs. cost accounting, Indirect costing, Job costing, Management Accounting, Manufacturing accounting, Process costing

Cost accounting is a branch of accounting that deals with the process of recording, analyzing, and reporting the costs associated with producing goods or services. The goal of cost accounting is to help businesses understand the costs involved in their operations, as well as identify ways to reduce those costs and increase profitability.

Economics

Responsibility Accounting: [PDF Inside] Components, 4 Types, Objectives, Benefits, & Drawbacks

March 23, 2023March 23, 2023 Sushanta Maiti 0 Comments budgeting, Cost Management, Financial Reporting, Internal Controls., Key Performance Indicators (KPIs), Management Accounting, Performance Metrics, Profitability Analysis, Responsibility Accounting, Variance Analysis

Responsibility accounting is a management control system that divides an organization into smaller units, each of which is responsible for achieving specific goals and objectives. Under this system, each unit is assigned a set of responsibilities that are clearly defined and measurable, and each unit is held accountable for meeting those responsibilities.

Economics

Financial Leverage: [PDF Inside] Example, Calculation, Strategies, Importance, Advantages, & Disadvantages

March 7, 2023March 7, 2023 Sushanta Maiti 1 Comment debt financing, degree of financial leverage, equity multiplier, financial leverage, financial strategy, leverage ratio, operating leverage, risks of financial leverage, total leverage

Financial leverage refers to the use of borrowed funds or debt to increase the potential return on investment. In other words, it is a strategy that involves using borrowed money to finance an investment, with the aim of increasing the potential profits that can be earned.

Economics Management

Accounts Payable Management: [PDF] Definition, Example, Objectives Process, Benefits, & Negatives

March 5, 2023May 27, 2023 Sushanta Maiti 0 Comments Accounts payable, Accounts payable management, Accounts receivable, Accounts receivable management

Accounts payable management is the process of managing a company’s accounts payable in an efficient and effective manner to ensure that the company’s short-term debts are paid on time and in full while maximizing cash flow and minimizing costs.

Author: Sushanta Maiti

What is Benchmarking? [PDF Inside]Process, Importance, 6 Types Value Cycle, Objectives, Advantages, and Disadvantages

Financial Reporting: [PDF Inside] Methods, Purpose, Types, Components, Benefits, Examples

Human Resource Accounting: [PDF Inside] Method, 3 Major Aspects, Example, Objectives, Functions, Benefits, And Negatives

What is Cost Accounting? [PDF Inside] Types, Objectives, Functions, Benefits, and Negatives, Financial Accounting

Responsibility Accounting: [PDF Inside] Components, 4 Types, Objectives, Benefits, & Drawbacks

Balance of Payment (BOP): [PDF Inside] Types, Example, Benefits, Negatives, Formula for Measuring BOP, Features

What is Operating Leverage? [PDF Including] Example, Degrees, Importance, Advantages, and Disadvantages, High & Low Operating Leverage

Financial Leverage: [PDF Inside] Example, Calculation, Strategies, Importance, Advantages, & Disadvantages

Accounts Payable Management: [PDF] Definition, Example, Objectives Process, Benefits, & Negatives

Receivable Management: [PDF Inside] Process, Examples, Objectives, Benefits and Negatives, Tools and Software