What is Replacement Analysis?
Definition of Replacement Analysis Replacement analysis is one of the crucial analysis in capital budgeting. An asset life may be …
Accounts & Finance
What are Events After Balance Sheet Date? (With IAS – 10 Reference)
People working in Accounts, Finance and Audit field should have a clear understanding regarding subsequent events of the financial statement. …
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Absorption Costing
In absorption costing all manufacturing costs are absorbed by the units produced. This is the costing where full cost of …
What is Forward Contract? Examples of Forward Contract.
Definition of Forward Contract Forward Contract is a binding agreement between parties to exchange a set of amount of goods …
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What are the functions of finance manager?
Managing finance is one of the most crucial and important parts of business organisation, which involves the permanent and continuous …
Inventory Valuation Technique
Overview As per International Accounting Standard (IAS-2) inventories to be measured at the lower of cost and net realizable value …
Bill of Exchange: Definition, Types etc.
Definition The Negotiable Instruments Act, 1881 defines a Bill of Exchange as “ an instrument in writing containing an unconditional …
What is Export Bill Collection? How Export Bill Collection Works?Advantages and Disadvantages of Export Bill Collection. What will happen if discounted export bill not paid by the importer?
General Concept of Export Bill Collection Export bill collection refers to sending export bills to the overseas buyer through exporters …
“Depreciation Funds – a major source of finance”
Some finance manager consider depreciation funds are the major part of internal sources of finance, which is used to meet …
Cash Flow Statement : Methods, Preparation Pocedures
Cash flow statements is the overall movements of cash inflows and uses of cash outflows of the business concern during …
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