Financial Health

What is a Balance Sheet?

December 6, 2017

A Balance Sheet is a financial statement of any company or is the summary of its assets and liabilities, equity capital, total debt, etc. at a specific point in time. It reflects the financial health of a firm and gives appropriate knowledge to the investors about what is owned...

What is ‘Accrual Accounting’?

November 25, 2017

Accrual Accounting is a technique of accounting in which transactions viz. revenue and expenses are recorded as and when they are incurred irrespective of when the cash is exchanged. This is highly significant in the assessment of the health of any organisation. This is useful in businesses where many...

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