Finance

Financial transactions are of significant importance for entities, especially for business entities whose main motive is profit generation. They involve either an inflow or outflow of funds and thus have a direct impact on...

Every nation’s financial system comprises of business entities that constantly require funds to finance their operations as well as investors who are looking out for avenues to gainfully invest their funds. The capital market is...

Every commercial entity maintains a set of assets in order to generate revenues and profit for its business. The assets held by an entity can be classified into many types ranging from tangible or intangible, current or...

Fixed costs are those costs that are incurred by a business irrespective of their level of activity or output. In other words, fixed costs are incurred at a fixed specific amount even if the business has no activity for a given...

A proper management and control over costs is crucial to maintain and grow profits which is the primary objective of every commercial business. The first step in achieving this is to understand the nature of costs that a...