Md. Alamgir

I am Md. Alamgir, the creator of Accountantskills.com. I am Masters in Accounting, and a part Qualified Chartered Accountant of the Institute of Chartered Accountants of Bangladesh (ICAB), the learning partner of Institute of England and Wales (ICAEW). I have 10 years job experience in Accounts and Finance field. During the course of my job, I have gained huge knowledge on finance and accounts related job and the problems is faced by accounts and finance executive. Considering the practical issues I am trying to arrange and submitted some blog posts that could be helpful for the executives. My Site also presented blog posts that would be helpful for the accounts and finance students of college and university students.

Management Buyouts: Process, Reasons, Parties etc.

October 6, 2019July 27, 2019 by Md. Alamgir

What is Management Buyouts (MBO)? Management buyouts is the process where the existing management purchase all or part of a …

Invoice : Sales Invoice,Purchase Invoice

October 3, 2019July 18, 2019 by Md. Alamgir

Definition Invoice refers to Sales Invoice which is used by the seller to forward it to the purchaser. This is …

What is Fixed, Semi Variable & Variable Costs?

October 3, 2019July 13, 2019 by Md. Alamgir

Cost ascertainment is the most important factor in financial accounting. An Accountant should have clear understanding regarding the nature of …

What is Centralized VS Decentralized Purchase?

October 3, 2019July 8, 2019 by Md. Alamgir

When a company has several production centres and situated in different location, the company may think whether they should maintain …

What is Statement of Changes in Equity?

February 13, 2020July 6, 2019 by Md. Alamgir

Definition The Statement of Changes in Equity reconcile the equity of the company during a accounting period. This is the …

What is Fictitious Assets? Examples of Fictitious Assets.

September 19, 2020June 29, 2019 by Md. Alamgir

Definition of Fictitious Assets The word fictitious literally means fake, imaginary or not true. Hence, fictitious assets means the assets …

What is Fixed Assets Register?

October 23, 2019June 22, 2019 by Md. Alamgir

Definition of Fixed Assets Register Fixed Assets Register contains the lists of the fixed assets (non-current assets) of the business …

Double Entry System: Definition, Example etc.

October 24, 2019May 6, 2019 by Md. Alamgir

Double Entry Accounting system also known as Dual Aspect Concept or, Duality Concept. The concept states that every transactions must …

Compound Interest : Definition, Difference between Compound & Simple Interest Rate.

October 24, 2019April 25, 2019 by Md. Alamgir

Compound interest is very commonly using interest rate in case of borrowing and lending. Borrower and Investor is concerned about …

Standby Letter of Credit: Definition, Types, etc.

October 24, 2019April 18, 2019 by Md. Alamgir

Financing to your business may not be easy at all times. But you have to know the possible financing sources …