Financial Accounting | Measurement of Business Income and Revenue Recognition
0 Measurement of business income (or profit) is very important due to the following reasons: (a) An important objective of most business enterprises is to earn profit. (b) Income-tax is levied on the basis of income earned by the individuals and others from various sources including profits and gains from business and profession. (c) Management … Read more Financial Accounting | Measurement of Business Income and Revenue Recognition
How to make a sound financial plan that can help you reach all your goals
0 One of the most important aspects of financial planning is risk profiling. Avoid investing haphazardly in risky products. The impact of the COVID-19 pandemic on our cash flows due to job losses and demise of loved ones in the family, has been felt by many of us and has exposed those without a financial … Read more How to make a sound financial plan that can help you reach all your goals
Invested in too many mutual funds? Here’s help in cleaning up your portfolio
0 Mutual funds have gained increased acceptance among retail investors over the past few years. There is a pick-up in SIP investments over the past few months, even as the Sensex crossed 60,000 levels. However, a lack of fundamental understanding about mutual funds and misleading financial recommendations often result in investors ending up with a … Read more Invested in too many mutual funds? Here’s help in cleaning up your portfolio
All about Limited Liability Partnership (LLP)
0 Limited Liability Partnership (LLP) Limited liability partnership (LLP) is a form of alternative corporate business(incorporated under the Limited Liability Partnership Act 2008) providing the benefits of limited liability that of a company and at the same time have the flexibility of a partnership firm. The limited liability partnership is a separate legal entity, is … Read more All about Limited Liability Partnership (LLP)
What you should know while shopping with BNPL
0 BNPL-or buy now, pay later-is a credit instrument that is becoming popular fast. A BNPL is a no-or low-interest loan facility for small transactions. The BNPL is a no-or low-interest loan facility for small transactions. The BNPL provider settles your bill on your behalf and you repay the provider within an interest-free window to … Read more What you should know while shopping with BNPL