To understand the advantages and disadvantages of the Perpetual Inventory System, think of an Ice-cream chain with 25 outlets across the city. Also, all… Read Article
Generally Accepted Accounting Principles or GAAP are basically the set of ten accounting standards set by the United States Financial Accounting Standards Board (FASB).… Read Article
Capital Structure, as the name suggests, means arranging capital from various sources in order to meet the need for long-term funds for the business.… Read Article
Generally Accepted Accounting Principles or GAAP are the set of accounting principles, concepts, and guidelines that guide the more detailed and comprehensive accounting rules,… Read Article
Generally Accepted Accounting Principles or more widely known as GAAP, is the set of accounting standards. Organizations use the GAAP principle to record and… Read Article
What is Equity Research?Equity research refers to an area of finance that involves analyzing equities (i.e., stocks) to determine whether they are a good… Read Article
There are many advantages and disadvantages of a sole proprietorship firm. Before getting into them, let’s quickly understand what a sole proprietorship firm is.… Read Article
Statement of Stockholders Equity (or statement of changes in equity) is a financial document that a company issues under its balance sheet. The purpose… Read Article