eFinanceManagement

Impairment of Long-Lived Assets

Impairment of long-lived assets is one of the key accounting decisions taken by a company. This decision impacts the company’s profitability, classification of the… Read Article

Difference between Breakeven Point vs. Margin of Safety

Break-even point (BEP) is the level of sales where total costs (a combination of fixed and variable) equals total revenues. In other words, the… Read Article

Fund Flow Statement

A fund flow statement is a statement that reflects the relative position of funds of the company over a two-period horizon. It enables analysis… Read Article

Accounting for Capital Lease – Steps, Accounting Entries and More

Capital Lease AccountingCapital lease accounting relates to the treatment of assets taken on lease by a business under a capital lease agreement with a… Read Article

Advantages and Disadvantages of Leasing

Leasing is becoming a preferred solution to resolve fixed asset requirements vs. purchasing the asset. While evaluating this investment, it is essential for the… Read Article

Difference between Overdraft and Cash Credit

Overdraft (OD) and cash credit are widely used external sources of finance to avail short-term borrowing. Businesses use both cash credit and overdraft to… Read Article

Advantages and Disadvantages of Bank Overdraft

A bank overdraft is a facility extended by a bank to its clients to withdraw funds from their accounts in excess of the balance.… Read Article

Advantages and Disadvantages of Current Ratio

The current ratio is one of the most helpful liquidity ratios in financial analysis as it helps to gauge the liquidity position of the business. In… Read Article