Effects of inflation on business

Effects of inflation on business

Effects of inflation on business overview: Most people think about inflation as a situation of rising prices. However, it is actually the value of money going down. The overall effects of inflation are negative on individuals as well as businesses.…

 IFRS VS GAAP: Top 10 Differences

IFRS VS GAAP: Top 10 Differences

Overview of IFRS VS GAAP: Accounting students and professionals are always keen to learn the differences between the two primary sets of accounting principles and standards. We call them IFRS and GAAP. Let’s proceed to the discussion with an understanding…

 External sources of finance for business

External sources of finance for business

External Sources of finance: The choice of methods of financing is among the financial decisions taken by the management. One way of categorizing the sources of finance for business is to split them into internal and external sources. So, basically,…