What is Managerial Accounting? Functions, Tools, PDF included
Managerial accounting is the process of analyzing financial data and generating relevant information to support internal decision-making within an organization.
Economics
What is Working capital? Definition, Formula, Types
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.
What is Managerial economics? Definition, Scopes, Nature of managerial economics (PDF)
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.
Primary Market VS Secondary Market: [PDF Included] Functions, Pros and Cons, and Detailed Comparison Chart With 10 Key Points
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.
What is Social Impact Bond?, How Does It Work? Example, Purposes, Advantages, and Disadvantages [PDF Inside]
A Social Impact Bond (SIB), also known as a Pay-for-Success contract, is a form of outcome-based contract between a government or philanthropic organization, social service providers, and private investors. SIBs are used to fund social programs that aim to achieve specific social outcomes, such as reducing recidivism rates, improving educational outcomes, or increasing employment opportunities … Read more
Corporate Social Responsibility: [PDF Inside] Definition, Example, Principles, Importance, 7 Pillers, Benefits, Why We Should Implement It?
Corporate Social Responsibility (CSR) is a concept that refers to a business’s commitment to operate ethically and contribute positively to society and the environment in which it operates. It involves the voluntary actions that a company takes to improve its impact on various stakeholders, including customers, employees, investors, communities, and the environment. CSR encompasses a … Read more
What is Business Environment? [PDF Inside]Characteristics, Components, Types, Importance, SWOT Analysis, Environment Analysis, Internal, and External Factors
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.
What is Benchmarking? [PDF Inside]Process, Importance, 6 Types Value Cycle, Objectives, Advantages, and Disadvantages
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.
Financial Reporting: [PDF Inside] Methods, Purpose, Types, Components, Benefits, Examples
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.
Human Resource Accounting: [PDF Inside] Method, 3 Major Aspects, Example, Objectives, Functions, Benefits, And Negatives
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.