Why Select the Turo and its investments platform?
Turo is providing an interactive platform for the investors, and the investors are getting the interactive platform. You can get all the benefits and the profitability without any real effort. All you need to do is provide a car to Turo and get the monthly profitability. This is the main reason Turo is an attractive […]
Write a short note on financial swaps
A financial swap is a derivative contract in which two parties agree to exchange cash flows based on a specified underlying asset or financial instrument. Financial swaps are commonly used by financial institutions, corporations, and investors to manage risk and optimize their financial positions. Types of Financial Swaps There are several types of financial swaps, […]
What is Interest Rate Parity Theory (IRPT)?
Interest Rate Parity Theory (IRPT) is a concept in international finance that attempts to explain the relationship between exchange rates and interest rates. It is a fundamental principle that governs the behaviour of foreign exchange markets, and understanding it is crucial for anyone involved in global trade or investment. At its core, IRPT suggests that […]
What is Creative Accounting?
Creative accounting is a term used to describe manipulating financial information to present a better picture of a company’s financial standing. While it may sound innocuous, creative accounting can have serious consequences for investors and stakeholders who rely on accurate financial reporting. Creative accounting sometimes involves using loopholes or technicalities in accounting standards to hide […]
Impacts of Inflation on Working Capital Management
Inflation is an economic phenomenon characterized by a general increase in the price level of goods and services in an economy over time. While inflation can signify a growing economy, it can also significantly impact working capital management, particularly for small and medium-sized enterprises (SMEs). In this article, we will explore the effects of inflation […]
Roles and Functions of Management Accountants
The role of management accountants has evolved over the years from being solely focused on cost accounting to including a range of functions such as budgeting, forecasting, performance analysis, risk management, and strategic planning. Management accountants play a vital role in helping businesses make informed decisions and achieve their financial goals. They are responsible for […]
Difference Between Secured and Unsecured Loans
Loans are an essential type of fund for most business organisations. Businesses of all natures and sizes take loans to meet the financial needs of the organisation. There are two types of loans, secured loans and unsecured loans. But what is the difference between secured and unsecured loans? The objective of this post is to […]
The main difference between fixed and variable costs?
In business finance and accounting, it is critical to know the distinction between fixed costs and variable costs to make effective budgets, pricing decisions, and financial choices. Fixed costs, for example, rent and wages, do not change with production levels, whereas variable costs, for instance, raw materials and transportation, vary according to business activity. Understanding […]
The Use of Data Analytics in Forensic Accounting Investigations
In recent years, the area of forensic accounting has evolved rapidly, partly as a result of technological improvements. The use of data analytics in forensic accounting investigations is one of the most significant technological developments that has touched the discipline. Analysing huge and complicated data sets for hidden patterns, trends, and insights is known as […]
What is Net Realisable Value (NRV)?
Net Realisable Value is the value of a product after subtracting the expected costs of production, transaction costs and taxes related to the sale of the item. Net realisable value is usually used in measuring the value of inventory assets following a depreciation in value. Net Realisable Value (NRV) is a vital accounting concept used […]