- Sunday, August 22, 2010, 5:33
- Finance
- 56 views
Historically, the role of accountants have been limited to office work where they were used to manage the affairs of daily accounting and record keeping. When the economic horizon broadened and expanded business operations beyond the borders of their homeland and sustained investment in long-term projects and companies wrap for many years the role of typical counters became worthless and new approaches emerged in ...
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- Sunday, March 8, 2009, 4:22
- Finance
- 815 views
Primary market is the type of capital market which deals with newly or first time issued securities. Companies, government can raise their fund by selling out their stocks and bonds. Dealers acts as intermediately or agent to sell out stocks,bonds to earn commission.
The expansion of existing business or creating a new business requires funding. There are several options available for the ...
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- Sunday, March 8, 2009, 3:57
- Finance
- 501 views
Money market is a global financial market for short term borrowing and lending.It provide short term liquid funding for global financing system.
For Example
Treasury bills,commercial paper(Check,draft and certificates)
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- Tuesday, February 24, 2009, 15:20
- Finance
- 1,835 views
Paid up capital is the portion of authorized capital that the company has issued and received payment for it. Paid-up capital is always less then authorized capital. The amount of paid-up capital can be increased by issuing more share in the market.
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- Tuesday, February 24, 2009, 14:54
- Finance
- 718 views
The maximum value of shares that the firm can issue in order to raise the fund to support business.This can only be increased by permission of stockholders.
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- Tuesday, February 24, 2009, 14:24
- Finance
- 365 views
The term patent usually refers to the right granted to anyone who invents or discovers any newer useful process, machine,article of manufacture or the composition of matter. The term is commonly use in pharmaceutical industries, company get patent of the defined time period which means no other company can use the same formula to introduce drugs.
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- Thursday, January 29, 2009, 14:33
- Finance
- 8,921 views
Financial ratio analysis is the calculation and comparison of ratios which are derived from the information in a company's financial statements. The level and historical trends of these ratios can be used to make inferences about a company's financial condition, its operations and attractiveness as an investment.
Financial ratios are calculated from one or more pieces of information from a company's financial statements. For example, the ...
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- Saturday, January 3, 2009, 4:57
- Finance
- 4,614 views
Income statement incorporate two type of account expense and revenues. Income statement is mainly use for the tracking of revenue(amount earned by the product and services) and expenses (amount spend on products and services).Income statement show the performance of the company on the basis of profit or loss. Change in performance (expense,revenues and profit) can be determine by comparing last year income statement figures ...
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- Saturday, January 3, 2009, 4:27
- Finance
- 2,379 views
Cost accounting is the process of tracking cost of products and services produce by the company. Cost accounting calculate the cost of labor,material and factory overhead to determine the cost of goods and services. Manger use cost accounting to support decision making to reduce a company's cost and improve its profitability. Cost account don't need to follow the standards such as GAAP etc.Financial accounting ...
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- Saturday, January 3, 2009, 4:02
- Finance
- 2,541 views
It is the measurement,communicating and interpreting financial activity. Accounting is also widely referred as a "language of business". There are five type of accounts in accounting are assets,liabilities,owner equity(Capital),expense and revenues. These accounts are the pillars of accounting all the debit and credit transaction are performed on these accounts.
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