Top Financial Terms You Must Know! Shares, Debentures, NPAs (Series 4)
By understanding various financial terms and the mechanism in which it functions, one can reach great heights. Finance is a vast subject which has several branches.
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Top Financial Terms You Must Know! Banks, NBFCs, The RBI (Series 3)
By understanding various financial terms and the mechanism in which it functions, one can reach great heights. Finance is a vast subject which has several branches.
Top Financial Terms You Must Know! Corporate Finance, Tax, Insurance (Series 2)
By understanding various financial terms and the mechanism in which it functions, one can reach great heights. Finance is a vast subject which has several branches.
Top Financial Terms You Must Know! Demand Analysis, SWOT Analysis, Trade Cycles (Series 1)
By understanding various financial terms and the mechanism in which it functions, one can reach great heights. Finance is a vast subject which has several branches.
Top Stock Exchange Terms You Must Know
The stock market or the stock exchange plays an integral role in the functioning and development of the economy. It is an important parameter to measure or ascertain the growth of a country. It helps to channelize the savings to better avenues and leads to capital formation. Lets understand the various terminologies in context to … Read more
Errors And Frauds In Accounting: Meaning, Types, Risks, Prevention
Errors take place as a result of negligence or lack of knowledge or ignorance of the principles of the books of accounts whereas frauds refer to intentional misrepresentation of financial information by persons in the management. Frauds are committed intentionally for achieving some alterior motive.
What Is Computerised Audit? Meaning, Benefits, Limitations, Steps To perform- The Ultimate Guide
Computerised Audit is the use of computerised system to conduct audit in an efficient way. It uses technology to collect and gather data, conduct the audit operations and further reporting of the same. It refers to the use of computers to achieve audit objectives. It processes various financial transactions as per the generally accepted accounting principles.
What Are Commercial Banks? Meaning, Ultimate Functions
A bank may be defined as a company which collects money from the public in the form of deposits and lends the same to borrower in the form of credit. It is an institution that provides facilities for safe keeping, lending and transfer of money.
What Is Audit? Meaning, Objectives, Practical Procedure, Advantages, Disadvantages
Audit is an examination of accounting records, undertaken with a view to establishing whether the correctly and completely reflect the transactions to which they purport to relate. It is the systematic and critical examination and verification of the books of accounts.
What Is Fiscal Policy? Meaning, Ultimate Objectives, Components, Relevant Accounts
Fiscal policy is an important factor of the economy, it is used by governments to influence the economy. These primarily include changes in the levels of taxation and government expenditure.
What Are NPAs?-NON Performing Assets: Ultimate Meaning, Classification, Reasons, Impact
NPA stands for Non-performing Asset which is any advance or loan that is overdue for more than 90 days.
All the advances and loans sanctioned by financial institutions are considered to be ‘assets’ as they are capable of earning revenue for the lender by the way of generating interest income. However, things do not always work out as planned, a loan is considered bad when it is unable to generate interest, non-payment of principle and doesn’t serve its purpose.
What Are NBFCs?-Non Banking Financial Companies: Ultimate Meaning, Features, Impact
NBFC stands for Non Banking Financial Companies.Non banking financial companies (NBFCs) are institutions that facilitate financial services like a bank but don’t hold a banking license and are not regulated. NBFCs cannot accept traditional demand deposits from the public, such as checks or savings accounts.
What Is GST? Meaning, Features, Rates, Types
GST stands for ‘Goods and Services Tax’. It is a One Nation One Tax. GST was introduced with the intent to demolish the cascading effect which was prevalent before its introduction. The tax that is levied on the value includes the tax that was paid by the previous buyer. This means that the consumer ends up paying tax on tax that was already paid. It increases the price payable of goods and services.
RBI- The Reserve Bank Of India: Meaning, Ultimate Functions
The Reserve Bank of India comes under the organised sector. RBI is the Central Bank of India and the apex financial institution. Every country in the world has a central bank.
The RBI acts as a regulator and supervisor of the entire financial system prevalent across the nation.
What Is Interest in Finance? Ultimate Meaning, Types, Determinants
Interest refers to a certain amount of money paid on borrowed capital. It is the payment made for using money of another that is borrowed money. It is the cost of of finance for borrowing and it is the revenue from lending money for the lender.
Dividend Meaning: What is it?- The Complete Guide
Dividend is the appropriation out of the profits of the company. It is distributed among the shareholders of the company. The term dividend is derived from a Latin word “Dividendum” which means that which is to be divided. Dividend is the part of the annual net profit of the company which is appropriated among the shareholders of the company. Dividend is a share in the annual distributable profits of the company to which the shareholders are entitled when it is formally declared by the company.
Debentures: Ultimate Meaning, Features, Types, Provisions, Issue- The Complete Guide
Debentures are one of the primary and principal sources of raising borrowed capital to meet its short term long term and medium term financial requirements. Debentures are also known as creditorship securities.
Difference Between Shares And Debentures- The Ultimate Meaning
Shares and debentures are an important part of every organisation, these instruments are generally used to raise funds. The investment decision between these securities depend on many factors like risk profile, returns expected and investment horizon. Good investment structure will have a balance of both in order to minimise the risks and maximize the expected returns.
Demand Analysis: Meaning, Types, Determinants, The Law of Demand
There is an inverse relationship or negative relationship between price and quantity demanded. As the price of the commodity rises, quantity demanded falls and when the price of the commodity falls, quantity demanded rises. The demand curve slopes downward from left to right indicating an inverse relationship between price and quantity demanded.
Trade Cycles/Business Cycles: Meaning, features, Phases
A business cycle or a trade cycle is a wave like movement in macro economic activities like income, output and employment which shows upward and downward trend in the economy.
A business cycle is an important parameter of the macro economic study. It helps us to estimate the future and take decisions accordingly.