Depreciation Expense – non cash but is it important?

MEANING OF DEPRECIAITON EXPENSE Every business needs certain fixed assets like Building, vehicles, plant and machinery, Laptops etc. to carry out its operations smoothly and to be more productive. Every

Goodwill in accounting – blessing or a curse?

UNDERSTANDING GOODWILL IN SIMPLER TERMS Have you wondered what is goodwill in accounting? Let’s explain here in detail. We often read about various acquisitions, mergers, or corporate sales in the

Understanding Financial Intermediaries: A Guide for Beginners

The market for financial intermediaries and related businesses is growing rapidly in response to the digital transformation of financial services. Traditional banking, insurance, and investment services are being offered through

Pensions for Beginners: A Step-by-Step Guide

When it comes to planning for retirement, many people focus on compound interest and good old-fashioned saving. The elusive Retirement Bucket isn’t a reality until you start putting away money

How to Keep Your Trial Balance in Order

This will be the list of everything that went into making that case possible. It will also be the list of everything that you could have done differently. The more