Statement of Financial Position: A statement of financial position (formerly called a balance sheet) is a financial report about the financial position of an entity. It is a snapshot of the company’s financial condition at a specific moment in time…
Types of financial statements: Financial Statements are the financial documents providing significant information about the financial activities of the business entity. These types of statements provide relevant financial data for internal and external users of accounting. This information is quite…
Blockchain in Finance: Technological innovations change the way of life and introduce new methods of business. Such innovations are capable of growing the global economy and making our everyday lives easier. Blockchain is one of the modern innovations. Most industries…
Unethical business practices: Business organizations are reluctant to embrace ethical practices and behaviors. However, they engage in unethical business practices to earn a big profit and capture a bigger market share, which is a common business goal for every organization.…
Risk management: Risk management involves the accurate and best possible methods to manage risk. It is the process to identify potential threats as early as possible and take all necessary steps to minimize and control its adverse impact on business…
Top 7 careers in finance: Careers in finance can be highly stimulating, fulfilling, and satisfying in today’s dynamic world. Individuals who plan to pursue a career in finance may be interested to learn which career opportunities are available there. However,…