ACCRUALS INTRODUCTION
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Accruals are used to recognise revenues and costs booked in one period but relating to another period The main categories…
INTANGIBLE FIXED ASSETS
These primarily encompass startup costs, capitalised development costs, patents, licences, concessions and similar rights, leasehold rights, brands, market share, software…
Harmonizing Accounting Data
Since consolidation consists of aggregating accounts, give or take some adjust- ments, it is important to ensure that the accounting…
The 1979 UK Banking Act (Amended, 1987)
Prior to this Act there was no specific banking law in the UK. Prompted by the secondary banking crisis in 1972,…
The Concept of Taxation
Taxation is a system by which a government levies or imposes charges on citizens and corporate entities to finance it’s…
STRUCTURE OF INDIAN TAX SYSTEM
Introduction: Tax can be defined as a financial burden laid on individuals or property owners to support the government. Constitution…
FINANCIAL SECURITIES-An overview
INTRODUCTION Securities are financial instruments that represent an ownership position in a publicly traded company (stock), a creditor relationship with…
Understanding Hedge Funds
What are hedge funds? Hedge funds can be defined as a portfolio of investments which is aggressively managed using advanced…
The Eurozone Debt Crisis
The Eurozone is an economic and monetary union, which consists of 19 countries within the European Union, which in itself…
Financial Management: Meaning
Financial Management is made of two words finance and management. So financial management is the effectively and efficiently management…