Financial statements are mainly prepared for decision making purposes. But the information as is provided in the financial statements is not adequately helpful in drawing
Tag: Financial Management
Ratio Analysis describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm. Ratios provide
Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. According to Bierman and Drebin:” Accounting may be defined as identifying, measuring,
Any type of business or occupation requires money at every stages of its operation. Whether it is a small business or large, manufacturing or trading or
Every Company makes investment in fixed and current assets. Fixed assets like e.g., plant and machinery, land and building, vehicles, etc, remains in the business for