Accounting information system has redirected the direction of accounting profession.
Traditionally, accountants were seen as business and audit specialist whose only duty is to keep records of things that has already happened in the past.
Accounting in those days was classified into; cost accounting, financial accounting and management accounting. People see accountants then as stale people who [...]
While surfing the net, i stumbled upon this article on credit card calculator written by Robin Williams. Happy reading!
If you have piled up a huge amount of credit card debt and want to know how long it would take to become debt free by making a specific monthly payment, you need to use a credit [...]
Recall that an introduction to this article was given in the part one of this series. Hence, no further introduction would be made here. Our aim here is to explore the various investment technique needed by everyone in a simple manner that you will have no difficulty comprehending the concepts. BINGO!!!
Payback period
Payback period of a [...]
You will agree with me that finance is the life blood of every business; big or small. Debt and equity finance are two main categories of sources finance that a company can use.
While big and established firms find it relatively easy to raise finance, small firms find it more difficult to raise fund/finance for their [...]
Business gearing and financial gearing are terms used to explain the volatility of a company and its activities. While the business gearing measures the risk that a company will fail as a result of not making enough contribution to cover for its fixed cost, financial gearing on the other hand is used to measure the [...]
In financing non-current assets, matching principle is applied so that the companies don’t run into financial difficulties.
The problem is that many managers of small and medium sized companies lack the knowledge of the variety of ways that funds can be raised to finance its non-current assets. Find below eleven ways to raise finance for your [...]
Any business that neglects taking advantage of investment opportunities will soon find its way to bankruptcy. As important as this may be, many businesses, especially small business fail to make optimum investment as a result of shortage of cash.
The situation of cash shortage that leads to the rejection of financially sound investments is known as [...]