Definition of Loan Sanction Letter Loan/Finance Sanction Letter is a letter issued by a bank or financial institution to a …
Read moreWhat is Loan Sanction Letter? Contents of Loan Sanction Letter.
What is Bridge Loan? The bridge loan is a short-term loan which is used by the company or a person …
Read moreBridge Loan: Definition, Working Process, Interest Rate etc.
What is LIBOR? LIBOR stands for London Interbank Offered Rate which is considered as one of the most important interest …
Definition of Replacement Analysis Replacement analysis is one of the crucial analysis in capital budgeting. An asset life may be …
Red Clause Letter Of Credit Red clause letter of credit gives the opportunity to an exporter to obtain pre-shipment finance. …
Read moreRed Clause and Green Clause Letter of Credit (Definition & Example)
People working in Accounts, Finance and Audit field should have a clear understanding regarding subsequent events of the financial statement. …
Read moreWhat are Events After Balance Sheet Date? (With IAS – 10 Reference)
In absorption costing all manufacturing costs are absorbed by the units produced. This is the costing where full cost of …
Definition of Forward Contract Forward Contract is a binding agreement between parties to exchange a set of amount of goods …
Read moreWhat is Forward Contract? Examples of Forward Contract.
Managing finance is one of the most crucial and important parts of business organisation, which involves the permanent and continuous …
Overview As per International Accounting Standard (IAS-2) inventories to be measured at the lower of cost and net realizable value …