Personal finance refers to the management of your money, such as budgeting, spending, investing, insurance policies, mortgage loans, banking accounts and taxes as well as...
An accounting fundamentals course will teach you how to double-entry bookkeep. You will learn about the different types of financial transactions and how to prepare...
The materiality principle is a key aspect of the disclosure principle. This requires the accounting information to be as accurate and up-to-date as possible. This...
In financial accounting, fundamental accounting assumptions are important in order to understand a company's financial position. These assumptions include going concern, consistency, and accrual. A...
Accounts payable and accounts receivable are separate, but related processes. Both involve processing invoices, receipts, and payments. A company uses accounts payable when it makes...
The new tax regime has expanded the number of tax slabs and reduced rates for those earning below Rs. 15 lakhs. However, the new regime...
A tax is a compulsory contribution to the government. It is a type of payment that does not have a "give and take" relationship. There...
A person has two options to pay taxes - direct tax or indirect tax. The former is more common and requires a payment on a...
The relationship between tax and economic growth is complex. It can vary between countries and different forms of government. Both the Congressional Budget Office and...
The direct effects of taxation on the economy are well documented. However, the indirect effects are equally significant. The lower the tax rate, the more...
Long held to be decisions should be made using only logic, numerous studies in decision science and behavioral finance have demonstrated how emotions play a...
Trading on margin involves using cash or securities from your trading account as collateral to borrow against to acquire additional investments. Leverage magnifies both gains...
Behavioral economics combines elements of both economics and psychology in order to understand why people behave in certain ways in the real world. It differs...
Fintech is an emerging method of business finance management, offering many advantages including enhanced efficiency and streamlining operations. Small businesses and startups typically employ finance...
As an entrepreneur looking to take your business public, IPO valuation is a critical step that shouldn't be taken lightly. The price you set for...