eFinanceManagement

Adjusted Trial Balance – Meaning, Format, Importance, and Example

Adjusted Trial Balance: Understanding the ConceptAdjusted Trial Balance is an internal document that lists the closing balance of all ledger accounts after making certain… Read Article

Forms of Businesses: Advantages, Limitations, and Example

When starting a business, one of the fundamental decisions to make is determining the type of business ownership. The choice of business ownership structure… Read Article

Cash Flows from Financing Activities

Every entity needs to present the cash flow statement as part of its Annual Accounts/Reports. The Cash Flow Statement consists of three sub-statements. And… Read Article

Cash Flow from Investing Activities – Items Included, Formula, and Example

Every entity needs to present the cash flow statement as part of its Annual Accounts/Reports. And this Cash Flow Statement has three sub-statements. And… Read Article

EBITDAR – Meaning, Purpose, Example, Formula, and Differences

In one of our articles titled ‘What’s the best definition of profit’ we have understood what is the definition of profit and there are… Read Article

Comparative Financial Statements – Meaning, Importance, and Example

Comparative Financial Statements, as the word suggests, are the statements that show the financial numbers of more than one year (consecutive periods) of an… Read Article

Presentation of Financial Statements

Every entity needs to prepare and present its financial statements for the accounting year adopted by it. Presentation of financial statements means how an… Read Article

Changes in Accounting Policies – Reason, Disclosure, Exemption and Example

Changes in Accounting PoliciesEvery organization needs to follow the accounting rules and frame its own accounting policies. These policies are nothing but a well-thought-out… Read Article

Financial Reporting Framework – Meaning, Objectives, and Criteria

What do you Mean by Financial Reporting Framework?Financial Reporting Framework, as the word implies, provides a framework for financial reporting. This framework basically includes… Read Article

Accounting Policies – Meaning, Uses, Types, and Importance

What are Accounting Policies?Accounting Policies are internal rules, standards, and procedures that a company’s management lays down to guide them in the preparation of… Read Article

Tax Accounting – Meaning, Pros, Components, and More

Tax Accounting is a branch of accounting. As the name suggests, it helps a firm not to prepare its financial statements but to prepare… Read Article

+ Load More Articles