Differences Between Equity and Preference Shares

equity shares and preference shares

Equity shares and preference shares are both types of stocks or shares that represent ownership in a company. However, they differ in terms of rights, dividend payments, and risk profiles. This article will disclose the difference between equity shares & preference shares in detail to give our readers a better understanding of the subject. To […]

What Are the Differences between Accounting and Auditing

accounting and auditing

Accounting involves tracking, reporting, and analyzing financial transactions. It covers everything from preparing individual tax returns to preparing financial statements for multinational corporations and is considered a fundamental discipline within the field of accounting. Auditors come in behind accountants and verify the work they do. They examine the financial statements prepared by accountants and ensure […]

Differences between Lease and Hire Purchase

hire purchase vs lease agreement - accounting

When purchasing assets for business or private purposes, two popular financing methods are leasing and hire purchase. Although both enable you to utilize an asset without paying the entire amount in advance, they differ in ownership, payment terms, and financial implications. The appropriate choice depends on considerations like long-term expense, flexibility, and tax advantages. In […]