Overview Cash Flows are considered to be one of the most important financial metrics within the company. As a matter of fact, it is highly important to consider the fact that it mirrors the overall ability of the company to not only pay their day-to-day operations but also have sufficient cash in order to finance […]

NPR and NCR are the mathematical notation of two important concepts in mathematics, referred to as permutations and combinations. Both these concepts are similar in terms of what they mean to achieve, yet they are also different on a number of grounds. Permutation – what are they? A permutation is referred to as a mathematical

Introduction Bond is usually priced as a percentage of par, or face value. However, depending on many factors, bond prices fluctuate over time. This is mainly because of the fact that there are numerous different factors, like interest rate, and compounding type, that impacts the overall bond price. For bond investors, it often gets confusing

Introduction Capital budgeting techniques are considered to be an important source of information, predominantly because of the fact that there are numerous different factors that come into play when it comes to considering projects involving considerable investment. In this regard, it is considered important from the perspective of the accountants to ensure that these techniques

All of us familiar with the stock markets. Stock markets are the marketplaces where financial instruments and securities like bonds and stocks are traded. The market where the foreign currencies are bought and sold is called Forex or Foreign Exchange Market. Understanding and becoming part of the stock markets is an art, and only the

A Debt Service Fund is referred to as a cash reserve that is maintained by the organization in order to pay its dues and obligations on time. These dues and obligations mainly take the form of principal and interest payments on certain types of debt. The main reason for the creation of the debt service

Definition: Government budgeting and accounting are slightly different from the general accounting practices for private organizations. In this regard, it is rudimentary to realize the fact that there are numerous different categories of funds that are established in this regard. Permanent Fund is one such category of funds that are created by governments. The permanent

Definition: A Special Revenue Fund account can simply be defined as an account that the government establishes to collect money that is generally used for a specific project. The primary rationale behind special revenue funds is to induce a much-needed level of transparency and accountability that the amount is used in the right manner. In

Definition Government projects often require rigorous planning and budgeting. In this regard, it is important to consider the fact that these projects require a significant amount of funds that need to be planned well in advance. Therefore, it is essential for organizations to account for these changes, so that they are able to avoid any