Debts are a common phenomenon that occur in the business world. You shouldn’t always view them in a bad light. For instance, the capital that you borrow for your business expansion can be regarded as a good debt. However, you need to comprehend the wrong kind of debt too. This is because debts like high […]
At times, businesses might find it difficult to comprehend certain financial aspects due to their lack of knowledge of basic accounting terms. Sounds relatable? Fret not! We have created a list of 10 basic accounting terms that you need to know in 2023. Stay with us and read on. 1. Accounts payable(AP) Accounts payable, also […]
Introduction Filing taxes isn’t a tricky process anymore. Keep all the necessary documents ready and it will be wrapped up within half an hour. We suggest avoiding waiting till the last minute for a pressure-free experience. We suggest avoiding waiting till the last minute for a pressure-free experience. Being punctual in ITR filing can protect […]
Project financing involves financing capital-intensive projects like energy, infrastructure, health care, construction, telecommunication, etc. These projects involve long term off- balance sheet investments using non-recourse financing solutions. Project finance is funded by a mix of equity, debt and loans, commonly known as Special Purpose Vehicle (SPV). The investors of a project are usually referred to […]
Sustainable investing, ESG integration and impact investing are all distinct in their aspects but have one thing in common. And that is the prerequisite knowledge for future investors as it grabs the focus of the entire ecosystem, including investors, asset managers, and stakeholders. Here is a list of the ten critical reasons why ESG and […]
The increasing demand for ESG (Environment, Social and Governance) investing is pushing corporates to become more responsible socially. Organizations are becoming more aware of the challenges and the negative impact of climate change and biodiversity losses that now stare at the world. With this view, organizations are now focusing on considering non-financial factors in the […]
All companies need to decide how to account for their business transactions at the onset of their business operations. Companies can record their accounts in two ways, either in Cash or on an Accrual basis. They need to understand both these methods and decide carefully which accounting method would best suit their business needs. A […]
Under subsection 501(c) of the Internal Revenue Code, organizations that fall under the definition of public charities are eligible to receive tax exemption from the payment of federal income tax. These tax-exempt entities are further exempt from similar state and local taxes. Simply put, charitable contributions made by an individual or business to an organization […]
Financial accounting and management accounting are two popular terms in the financial sector. Although they are both branches of accounting, they vary in their scope and function. This blog shall discuss some of the key differences between financial and management accounting. Stay with us and read on. Financial accounting & management accounting – Meaning and […]
Introduction Thanks to the growing strength of the internet, e-commerce is rapidly evolving across the globe. As per research, the Indian e-commerce industry has the potential to outperform more mature markets and become the third largest market in the world with US$ 350 billion by 2030. Have you been thinking of setting up an e-commerce […]