What is Decision Theory? (PDF inside)
At its simplest, decision theory is the study of how people make choices. It’s a blend of philosophy, economics, psychology, and statistics.
Financial Management
Turnover vs. Revenue- Types, Example, Calculation, and Detailed Comparison Table [PDF Inside]
Business turnover, also known as sales revenue, is the total income a company generates from selling its products or services. It’s a key metric used to assess a company’s financial health and performance.
What are the DVR Shares (Differential Voting Rights)? Everything You Need to Know|PDF
DVR shares are a class of equity that deviates from the norm in terms of voting rights. Unlike their ordinary share counterparts, DVR shares imbue shareholders with voting power that can be either amplified or diminished. The specific allotment of voting rights hinges upon the terms established by the company during the issuance of these shares.
What is Financial Health? & How to Stay Financially Fit?
Imagine your finances as a vibrant ecosystem, a dance between income, expenses, investments, and goals. Financial health, then, is the state of this ecosystem – its balance, resilience, and ability to thrive. It’s not just about accumulating wealth, but about feeling secure, in control, and equipped to weather life’s financial storms.
Understanding Financial Leverage & Operational Leverage and Difference Between Them
Leverage is a financial concept that refers to the ability to magnify the impact of an investment or a business decision through the use of borrowed capital. It involves using various financial instruments or borrowed funds to increase the potential return on an investment.
What is IFRS? |International Financial Reporting Standards, Principles, Objectives
IFRS or International Financial Reporting Standards refers to a globally accepted set of accounting and financial reporting guidelines for preparing and presenting financial statements.
What is Capital budgeting? |Importance, limitations, method of Capital budgeting.
Capital budgeting helps companies decide where to allocate their funds for projects that will benefit them in the long run.
8 Accounting Principles & Concepts (PDF included)
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.
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.
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.