Is an accountant a CFO?
CFOs have traditionally emerged from the accounting ranks, with reputations as masters of cost management, corporate finance strategy, accounting standard...
Expert insights and detailed technical documentation about Culture.
CFOs have traditionally emerged from the accounting ranks, with reputations as masters of cost management, corporate finance strategy, accounting standard...
Gross working capital is the sum of a company’s current assets (assets that are convertible to cash within a year or less). Gross working capital less cur...
Indirect costs are involved with what it cost to maintain the entire company. This is often called overhead or the cost of doing business. These costs are...
The decrease in the gross profit ratio may be due to the following reasons: Decrease in the selling price of goods, without any decrease in the cost of go...
CTC = Earnings + Deductions Here, Earnings = Basic Salary + Dearness Allowance + House Rent Allowance + Conveyance Allowance + Medical Allowance + Special...
To find a weighted average, multiply each number by its weight, then add the results. If the weights don’t add up to one, find the sum of all the variable...
As mentioned above, The MARS Company is the largest buyer in the veterinary market. This 4th generation business is owned by the 3rd richest family in Ame...
Net Demand and Time Liabilities (NDTL)= (DL+TL+ODTL) – Assets with banking system . What is meaning of net demand and time liabilities? Definition: The Ne...
Symbiosis Centre for Distance Learning (SCDL) is one of the largest autonomous distance learning education institute in India. How can I get transcript fr...
A good financial manager looks at both the income statement and the balance sheet. Every accountant knows you need an accurate balance sheet to have an ac...
Current assets include items such as accounts receivable and inventory, while noncurrent assets are land and goodwill. Noncurrent liabilities are financia...
Sales day book is also known as a sales book, sales journal, sold book etc. It is a subsidiary book, i.e. a book of original entry. It is a manually maint...