Annual Equivalent Rate or AER is the rate of interest an investor gets for a saving account for a year on a yearly basis. Annual… Read More »What is the Annual Equivalent Rate (AER)?
GAAP is a set of accounting principles, methods, procedures that are used by accountants to record and report the financial statement or information. GAAP refers… Read More »What is Generally Accepted Accounting Principles(GAAP)?
Profit is one of the most widely watched financial metrics in evaluating the financial health of a company. Accounting profit and economic profit are having… Read More »Comparison of Accounting Profit vs Economic Profit
Accounting is that which tells how your business records, organizes, and understands its financial information. It is one of the key functions of all businesses.… Read More »What is Accounting? What Are Its Types?
Payroll Outsourcing services help businesses to grow because they help businesses to pay their employees properly, manage their taxes, and ensure deductions are processed. We… Read More »What are Payroll Outsourcing Service and Its Benefits?
Liability is the responsibility of the business to pay there all the due either to the owner or a third party. There are four types… Read More »What are the elements of various liabilities?
Interest Coverage Ratio is the mathematical way of analyzing the company’s financial health with their paying capacities and abilities. The motive of calculating this ratio… Read More »Understand the meaning of Interest Coverage Ratio