Business

Operating Lease is a contract that allows for using an asset, but doesn’t convey rights of ownership from the asset. An operating lease isn’t capitalized;…

Lease is a legal document outlining the terms under which a party agrees for to rent property by another party. A lease guarantees the lessee…

Budget is an estimation of the revenue and expenses on the specified future time period. A budget may be made for an individual, family, group…

Profit model exist as a way of helping any business concern achieve a situation where there is money left after all expenses are compensated. In…

The trading statement is an expanded version of sales component of the Income declaration. The trading statement’s main objective is usually to determine sales, price…

Goodwill is an intangible asset that arises because of the acquisition of one company by another for the premium value. The worthiness of a company’s…

Fund accounting is a system of data processing used primarily simply by non-profit or government organizations. For these and other similar organizations, it is more…

The weighted average cost of capital (WACC) is calculation of a firm’s cost of capital where each category regarding capital is proportionately weighted. All sources…

Free Cash flow is a way of measuring financial performance calculated as operating income minus capital expenses. Free cash flow (FCF) represents the money that…

Fraud deterrence has gained public recognition and spotlight since the 2002 inception on the Sarbanes-Oxley Act. And large number of reforms enacted by means of…

Capital Asset is a sort of asset that is not easily sold in the regular course of a business’s operations for cash and is generally…

Fixed Asset is a long-term tangible bit of property that an organisation owns and uses inside the production of its income and is particularly not…