Earnings Per Share (EPS) Definition, calculation, Formula
Earnings Per Share (EPS) Definition – The portion of a company’s profit allocated to each outstanding share of common stock. Earnings per share serves as
Accounting
Branches of Accounting, Types of Accounting, Many Branches
Branches of Accounting: Accounting has universal application for recording transactions and events and presenting suitable information to aid decision-making regarding any type of economic activity ranging
Debt Equity Ratio: Meaning, Formula, Importance – Detailed
Debt Equity Ratio: The debt-equity ratio is an indication of the relationship between the contribution of the creditors and shareholders /owners in the capital employed
Value Added statement: Introduction and Historical Background
Value Added statement is another form of understanding the performance or profitability of an enterprise. It shows how the benefits of the efforts of an
Costing – Classification of Various Costs, Types of cost
Costing: Preparation & Presentation of cost records and cost statements is the responsibility of the Management. Therefore, Cost Accounting Standards are guidelines for the companies [for
IndAS 23 Borrowing Costs 2021: Definition, Scope, Treatment
IndAS 23 Borrowing Costs: It is quite common where an entity borrows funds for meeting its various business needs like the acquisition of the building,
How to Make Accounting Easy and Stress-Free as Possible in 2021
Accounting is a very important part of running a business. Apart from managing taxes, it helps with maintaining the finances of the company. Knowing your
Rent control act – know how it protects the rights of the tenants
Rent Control Act has been enacted and implemented by all the State Governments to protect the legitimate rights of the tenants. Primarily it focuses on
Capital Losses and Revenue Losses, Detail of Capital and Revenue Losses
The loss suffered by a company on the sale of fixed assets, The loss suffered by the business in the ordinary course of business is
Contingent Assets and Contingent Liabilities – In Detailed
Contingent Assets and Contingent Liabilities: A contingent asset is a potential asset associated with a contingent gain. Unlike contingent liabilities and contingent losses, contingent assets and contingent gains are not recorded in accounts, even when they are probable and the
Internal Rate of Return – Intro, Advantages & Disadvantages
Internal Rate of Return (IRR) is that rate of return at which the present value of cash inflows is equal to the present value of
Systems of Accounting, Basis of accounting (Cash & Accrual Basis)
Systems of Accounting, Basis of accounting (Cash Basis & Accrual Basis). Difference between Accrual Basis of Accounting and Cash Basis of Accounting. Cash Basis of accounting:
How to Finalize Balance Sheet & Analysis of Balance Sheet
How to Finalize Balance Sheet & Analysis of Balance Sheet. A balance sheet is a summary of a business’s finical health on any given day. It
Difference Between Net Salary, Gross Salary and CTC – An Analysis
Difference Between Net Salary, Gross Salary and CTC. Difference between Various Types of Salaries!. The thing for which we wait for the entire month, the
Types of Cash Book, How Many Types of Cash Book, Contra Entry
Types of Cash Book: Cash book is the book in which all transactions concerning cash receipts and cash payments are recorded. Cash Book is in
Steps to Locate Errors | Rectification of Errors, Errors in Trial Balance
Steps to Locate Errors: Even if there is only a very small difference in the trial balance, the errors leading to it must be located and
Fund Flow Statement: Meaning, Objectives & Preparation Guide
Fund flow statement also called as statement of “source and application of funds” which provides insight into the movement of funds and useful to understand
Cost of Capital – Introduction, Definition (All you want to know)
The cost of capital is a term used in the field of financial investment to refer to the cost of a company’s funds (both debt
Cash Flow Statement – Notes, Questions, Format with Examples
Cash Flow Statement : A statement of cash flows contains information about the flows of cash into and out of a company, and the uses to
What is Net Salary, Concept of Net Salary and Gross Salary
What is Net Salary, Concept of Net Salary and Gross Salary. Calculation of Net Salary and Gross Salary. When we become professionals, most of us go
Balance of payments (BOP) & Its components – With Definition
Balance of payments (BOP) & Its components. The term “balance of payments” includes all payments and obligations made to outside countries against all payments and
Cash Basis Vs Accrual Basis of Accounting – The difference
Cash Basis Vs Accrual Basis of Accounting, We all have heard about the cash basis & accrual basis of Accounting, but here we will do a
Accounting for Rectification of Errors – Classification, Suspense
Accounting for Rectification of Errors , To err is human! So, it is obvious that while we are doing the accounting of an entity, we can
Capital Structure – Meaning, Gearing, Factors for determining
Capital Structure: Find Capital Structure Definition and factors to be considered in its formulation process. In this article you can find complete details for Capital
What Is Debit Note and Credit Note – Complete Details
What Is Debit Note and Credit Note: here we are providing complete details for Debit Note and Credit Note. In this article you can find
Audit Program for Vouching and verification of Transaction
Audit Program for Vouching and verification of Transaction: Program planning regarding the nature, extent, and timing of procedures is critical to audit efficiency and effectiveness.
Periodicity Concept – all you need to know about
Periodicity Concept – According to this concept accounts should be prepared after every period & not at the end of the life of the entity. Usually
Employees Stock Option Plan (ESOP) – Vesting period, Perquisites
Employees Stock Option Plan (ESOP). Here we are providing complete details for ESOP (Employees Stock Option Plan). In this article you can find full details
AS 1 (Accounting Standard 1) – Disclosure of Accounting Policies
AS 1 – Disclosure of Accounting Policies. This Standard deals with the disclosure of significant accounting policies which are followed in preparing and presenting financial
Fairness and Accounting Fairness – A Detailed Analysis 2021
Fairness and Accounting Fairness: Some words, frequently used in accountancy, do not connote its etymological or philosophical meaning. This paper tries to find the gap between