Utility and Limitations of Ratios
by Utility of the Ratio Analysis are: Easy to understand the financial position of the firm: The ratio analysis facilitates the parties to read the changes taken …
Tag: Income Statement
Accounting Standard 3 (AS3: Revised)
AS3 revised in 1997 has recommended revised Cash Flow Statement [CFS] for listed companies and other industrial, commercial, and business undertakings in the private and …
Financial Accounting, Meaning, Objectives, Features, Scopes, Principles, Importance and Limitations
Financial Accounting, Meaning, Objectives, Features, Scopes, Principles, Importance and Limitations
Advantages and Limitations of Management Accounting
Advantages of Management Accounting: It measures the actual performance in comparison with the budgets. It helps the management in such a way that the latter …
Preparation of Profit and Loss Account and Balance Sheet of Company as per the Requirement of Schedule VI of the companies act
Preparation of Profit and Loss Account and Balance Sheet of Company as per the Requirement of Schedule VI of the companies act
Statutory Provision Regarding Preparation Company’s Final Accounts
The books of accounts showing true and fair financial statements and relevant papers shall be kept at the registered address of the company. The books …
Buy-back of Share
Buy-back of shares is a method of financial engineering. It can be described as a procedure which enables a company to go back to the …
Brief Discussion on Management of Cash
The Cash Management is concerned with the collection, disbursement and the management of cash in such a way that firm’s liquidity is maintained. In other words, it …
Financing Decision: Operational and Financial Leverage
Leverage refers to the employment of assets or sources of fund bearing fixed payment to magnify EBIT or EPS respectively. So it may be associated …
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