eFinanceManagement

Unearned Revenue

Unearned revenue is the money that the individual or company receives before providing or delivering the services and goods. It can be the prepayment… Read Article

Physical Deterioration – Meaning, Categories and More

What is Physical Deterioration?Physical deterioration is the most obvious wear and tear to an asset because it is visible. An asset witnesses such deterioration… Read Article

Negative Assurance: Meaning, Implications, Letter and More

Negative Assurance: MeaningNegative Assurance or a limited assurance is a written document issued by Auditors during an assignment. In this type of engagement, the… Read Article

Cash Flow from Operating Activities

What is Operating Cash Flow?Cash Flow is an essential part of any company’s financial statement. Operating Cash Flow shows the quantum of cash movement… Read Article

Calendarization – Meaning, Applications and More

Calendarization refers to the accounting process of standardizing the full financial statements of two or more different companies. This process aims to facilitate the… Read Article

Cost Accounting and Management Accounting

Cost Accounting and Management Accounting Cost accounting and management accounting are both branches of the accounting system instead of further advancement. These advanced accounting… Read Article

Meaning of Accounting InformationAccounting is the process of recording, analyzing, summarizing, and interpreting the financial information of a business organization. Accounting information thus generated… Read Article

High-low Method Accounting – Meaning, Formula, Example and More

High Low Method: MeaningAs we know in the cost accounting terminology, there are three types of costs – Fixed Cost, Variable Cost, and Semi-variable… Read Article