Until the introduction of Altcoins, Cryptocurrency was just another word for Bitcoin. Majority of the market is still based on Bitcoin, as it was in the beginning. Origin of Bitcoin is still a topic of debate and speculation. The speculation being that invention was done by one person by the name Satoshi Nakamoto or many […]
Long before credit bureaus saw the light of the day, lenders and businesses relied on a person’s past transaction history with them, word of mouth and home visits to know about their financial condition before money could be loaned or a product or service offered on credit. Needless to say, this qualitative approach to knowing […]
Credit report is a dreaded word. No matter how big a businessman you are or how small a salary you learn, credit reports hold the reigns for every financial movement in your life. Starting from loans to credit cards to financing your education, everything puts a credit report at the heart of it. No matter […]
A Brief History About Credit Cards Jonathan Mark Kenoyer, an American archaeologist and professor of Anthropology says that the theory of valueless instrument to denote banking transactions go back 5,000 years back. The Mesopotamians then used clay tablets to trade with the civilization of Harappa. Coming up to 1800’s to the period of America circa, […]
The crash course which is designed to improve the knowledge and skill of the students on the performance of the company is ‘Return on Assets’. The crash course allows the students to improve on their knowledge of the financial management. There are many people who are interested in understanding how the company has performed. The […]
Accounting is a rough approximation for the groundwork and handling of all the money and banking related issues which are pertaining to any organization, be it big or small. The concept of accounting has been there for centuries altogether. It all began ever since the concept of money came into existence. Humans in the earlier […]
The income statement is the mirror of the inflow and outflow, a company has observed during the period for which it is prepared. The various aspects of the income statement can be understood only with the help of brief description about the terminology of the entries that are ultimately shaping the income statement of a […]
To achieve the various goals of an organization, the organization requires finance and an authority to control the same. The large amount of finance cannot be handled solely with the help of the personnel’s but a technology is required to deal with the finance of the company. The technology that is easy to understand and […]
Financial Modeling is a combination course which has many different variations. The crash course that students can choose has a lot of topics. The project is to create an abstract representation of a real-life situation in the business world. The program usually includes the fundamental theories and the practical analysis of the situation. The course […]
Every business organization is mainly interested in making money; the primary aim of a business is the financial activities and their soundness. In order to ascertain the status of any business certain statements called ‘financial statements’ are duly and timely maintained by them. These statements hold high importance and are the main source of any […]
The business world has been complex and the trade has always created a situation of debts and delays in payments or inability in payments. This has created a world where cruelties existed. The Term ‘bankruptcy’ did not exist in the ancient world but was first recognized or uses was in the year 1542. It becomes […]
What Is Cash Flow Analysis? Cash flow means the flow of liquid cash through a company over a given period. Cash is paid in return for material and labour in businesses that are run for profit. The revenue the company receives provides cash used for financing more sales and production. They can also be used […]
The Capital Markets now has fundamental importance within the whole development process of the world economy. It is in principle a realization of dynamic transaction environment, a system that distributes the securities to provide liquidity to securities issued by companies, enabling the capitalization process these. Companies have sought to meet its financing needs for its […]
The Small business isn’t easy! They run from one side to the other accomplishing several tasks of all sectors of activity. With the focus on production and sales, daily, urgent and essential requirements, the financial organization can end up in the background, so when left over a little time. Focus on financial management only when […]
Have you ever wondered how bitcoin comes to being? Well, it comes to being via mining. The mining process serves as means of adding transactions to your blockchain account and also as means of releasing new bitcoin. It involves compilation of all recent bitcoin transactions into several blocks and trying to solve difficult puzzles in […]
There have been many debt crises in the history of the world. Some were limited to a single country, but some spread to others too. The ones that spread to others were particularly originated in some big economy that had trade relations with many other economies. But wherever might the crisis happen, what matters most […]
Microeconomics is the study of economics related to individuals, firms, companies, etc. The scarcity of resources makes its allocation very important. Demand and Supply are two major factors in microeconomics. Welfare economics and Labour economics are also part of microeconomics. In microeconomics, any two factors are studied keeping everything else constant. According to the law […]
Primary/Standard Types of Auction In order to provide allocation for a single item, auctions are divided in following four traditional types: First-price sealed-bid auctions: These auctions are also known as blind auctions or sealed first-price auctions. The bids are kept secret until the result is declared. In this way, no bidder knows what amount the […]
Focusing on Transactions The recordkeeping function of accounting focuses on transactions, which are economic exchanges between a business or other entity and the parties with which the entity interacts and makes deals. A good accounting system captures and records every transaction that takes place without missing a beat. The financial effects of many transactions are […]
There are many parameters to define small and medium-sized enterprises, often within the same country, as in Brazil. ” This shows that any definition that may have regarding micro and small enterprises will be something absolute, but only limited to certain points of view or bodies to which these definitions are linked. By intending to […]
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