We will discuss these accounting principles and concepts in simple language, making them easily understandable for everyone, whether you’re a student, a small business owner, or just someone looking to gain a better grasp of financial matters.
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The accounting cycle comprises a sequence of well-defined and interconnected steps that accountants and financial professionals follow to record, process, and report financial transactions.
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In this article, we’ll explore the managerial accounting vs. financial accounting. Both play crucial roles in the business world, but they serve different purposes. So, let
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Managerial accounting is the process of analyzing financial data and generating relevant information to support internal decision-making within an organization.
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Working capital is the difference between a company’s current assets and its current liabilities. In other words, it represents the amount of money a company has available to cover its short-term obligations and expense.
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Managerial Economics can be defined as the branch of economics which deals with the application of various concepts, theories, and methodologies of economics to solve practical problems in business management.
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The primary market focuses on the issuance of new securities, raising capital, and providing investment opportunities to investors. It involves the initial sale of securities by issuers to investors. On the other hand, the secondary market facilitates the trading of existing securities among investors, providing liquidity, price discovery, and ongoing investment opportunities. Both markets serve important functions in the financial ecosystem and cater to the needs of investors and issuers at different stages of the securities lifecycle.
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A Social Impact Bond (SIB), also known as a Pay-for-Success contract, is a form of outcome-based contract between a government
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Corporate Social Responsibility (CSR) is a concept that refers to a business’s commitment to operate ethically and contribute positively to
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The business environment refers to the external and internal factors that affect a business’s operations, decision-making processes, and overall success. It includes all the conditions, events, and factors that can impact a business, such as economic, social, political, legal, technological, and environmental factors.
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