Generally Accepted Accounting Principles
What are Generally Accepted Accounting Principles?? Generally accepted accounting principles (GAAP) are a collection of rules and procedures that are … Read more
Accounting
Long Term Financing
Long Term Financing: Businesses seek long-term financing to expand their business and invest in big projects. Long-term financing means taking … Read more
Short Term Financing
Short Term Financing Short-term financing is the loans that have to be repaid in one year. The company generates finance … Read more
What is Agency Problem
Agency Problem It is the diversion of interest between two parties or you can say that it is a conflict … Read more
What is Accounting Cycle
Accounting Cycle The accounting cycle is the process of identifying, recording, classifying, analyzing, summarizing, and reporting business transactions. It starts … Read more
What are Assets
Assets Assets are those resources that have economic value owned by the public, corporation or government, etc to get benefits … Read more