Accrual concept is also termed as the accrual principle. It is also known as accrual basis of the accounting revenues as well as expenses which are recorded in the books of accounts right when they are incurred or earned. And this is not when they are paid or received in cash. There are certain events […]

When the term market capitalization comes, then you can see that it refers to the total dollar market value. The value that is here talked about is said to be outstanding shares of the company. This outstanding shares is said to be the referred as the market cap and is calculated by multiplying the percentage […]

Well, it is also known as COGS, which is a managerial calculation. It is used in measuring the cost which is directly incurred in product producing that were sold on that period. However, in different words, Cost of goods sold is a month which is spent by the company on things like material, labour, including the […]

The income statement is basically a core financial statement of the company that shows the profit and loss over the year or period. Also, it’s known as profit and loss statement too. Usually, the income statement is prepared at the end of the financial year, but it can depend or can be made at the […]

It is a process of calculating the financial position of the company. The mathematical method of calculating a financial ratio that should be appearing in the financial statements of the company. It is to know the financial position and the performance of current to see the outlook of the future as well. Chek Types of […]

The year over year is a calculation which is being used for comparing the statistics of a single year with the previous year. The period is often calculated in either quarter or monthly basis. The year-over-year is used for calculating the growth thorough making a calculation of the previous twelve months. The Year over Year […]

Inventories can be referred to as goods during various stages of being prepared and results in a finished good. It includes finished products, the work-in-progress, the raw materials, and others. The following part of the write-up would take you through different types of inventories involved in different business and the costs involved with them. What […]

A business is a large institution; various global companies had something or the other as a startup, each of such things when piled up together forms a business story, which inspires a lot of people. However, a business is whatever it is needs some recording. Those records are done in the form of the general […]

Standard deviation is the measure of spread, which is usually used in statistic and statistical practice when the mean is being used to calculate the central tendency. Thus, it helps in measuring the spread around the mean. Since it is connected close to the mean, It can be highly affected if the mean will give […]

Through the method of capital budgeting a business can evaluate and determine the expense and investment on the business. In order to expand the business the expenditure is essential it will help to descend on the project like building new plant. The capital budgeting also helps in starting the new venture. The budgeting also helps […]