Category: Accounting

WHAT IS ANNUAL PERCENTAGE RATE

What is Annual Percentage Rate(APR)?

Today here we are going to discuss what is what is annual percentage rate or…
General Accepted Accounting Principles

What is Generally Accepted Accounting Principles(GAAP)?

GAAP is a set of accounting principles, methods, procedures that are used by accountants to…
What is accounting and its types

What is Accounting? What Are Its Types?

Accounting is that which tells how your business records, organizes, and understands its financial information.…
Post Image

What is Auditing and its Types?

Auditing is the process of assessing and ascertaining financial, operational, and strategic goals and processes…
Payroll Outsourcing Services

What are Payroll Outsourcing Service and Its Benefits?

Payroll Outsourcing services help businesses to grow because they help businesses to pay their employees…
liabilities

What are the elements of various liabilities?

Liability is the responsibility of the business to pay there all the due either to…
ICR

Understand the meaning of Interest Coverage Ratio

Interest Coverage Ratio is the mathematical way of analyzing the company’s financial health with their…
budgeting

What is budgeting?

Budgeting is a method to build a financial plan based on existing capital created by…
ERP

What is Enterprise Resource Planning?

The term ERP, you will see in every business. In the past years, different modules…
financial statement assertions

Financial Statement Assertions

Financial Statement Assertions its name itself tell the complete story of what it meant. Monetary…
liability

What is liability?

Liability is a financial obligation that is needed to pay against acquired assets for the…
Financial Statement

What are financial statements?

Financial statements involve the business activities and those activities make three statements - income statements…