Finance Basics & Concepts

Introduction to financial analysis Whether individuals, small businesses, or large corporations, financial analysis is critical to understanding and evaluating financial health. Analyzing relevant financial data makes decisions that...

What is an income statement? An income statement is a mirror that reflects a business's fiscal complexion, often leaving employees scratching their heads and investors squinting their eyes....

Introduction to financial statement Imagine a bustling boardroom packed with executives and stakeholders awaiting the release of the company’s financial performance. The room falls silent as the CEO...

Introduction to R2R process Do you often find yourself or your finance & accounting teams spending hours manually collecting data from different sources for financial reports? Then there's...

Introduction Understanding the difference between cost accounting and financial accounting is crucial for businesses aiming to enhance operational efficiency and ensure compliance with regulatory standards.  Cost accounting focuses...

Introduction to cost accounting Cost accounting stitches the fabric of financial planning, performance evaluation, and decision-making into a coherent whole. No matter the size, whether you're navigating the...

Introduction to cash flow statement indirect method A cash flow statement tells a lot about a company’s financial health and performance. You can create them through the direct...

Introduction Capital expenditure refers to the costs incurred in acquiring or improving long-term assets, while revenue expenditure refers to the costs associated with running the business. Both are...

What is capital investment? Capital investment refers to the process of investing money in a business with the goal of generating future profits. It is a long-term investment...

The cost of capital is like the entrance fee to the financial playground.  What is cost of capital? Cost of capital is the price a company incurs to...