A business carries out investing activities to build its productive capacity needed for its operations. Operating activities which are carried...
A business makes investments to secure resources that will allow it to build productive capacity and deliver on its value...
Previously known as balance sheet, it is a detailed projection of the assets, liabilities, and owners' equity of a business...
It stands for statement of financial position; previously known as balance sheet, it is a detailed projection of the assets,...
The gradual diminution, loss or decrease in the utility value of an asset as resulting from wear and tear. Depreciation...
A financial ratio that is constructed using inputs (numbers) from more than a financial statement, particularly income statement and balance...
An accounting concept that associates revenue generated in a specific period with all the costs/ expenses incurred or necessary to...
In the income statement (profit nd loss/ PnL) it describes all expenditure (expenses) incurred by a firm before taxes and...
In the income statement (profit nd loss/ PnL) it describes all expenditure (expenses) incurred by a firm before taxes and...
Items of financial statements that have a financial impact, though not directly related to the core business/ operations of a...