Hobby Loss The word “hobby loss” is an accounting and tax term that refers to a specific form of loss or expenditure. It refers to a loss…
Flexible Budget A flexible budget, on the other hand, does not predetermine a period’s cash flow. When combined with a fixed budget, it is an excellent performance…
Statutory Reserves A statutory reserve is a legislative obligation for insurance firms to keep a specified amount of money in reserve in order to secure policyholders’ future…
Classification of Overhead Variances Overhead variances occur when actual overhead costs differ from expected amounts. The difference between the standard cost of overhead allowed for the actual output achieved…
Google in talks to invest in Facebook-backed Indian social commerce Meesho According to a source familiar with the situation, Google is in talks to invest more than $50 million in Indian social commerce firm Meesho, which…
ESG and shareholder activism a tsunami is coming to Silicon Valley With the increased focus on environmental, social, and governance (ESG) issues in recent years, it is easy for businesses to believe that the ESG tsunami…
Can social and e-commerce transform the future of the open web? Despite Automattic’s enviable position, knowledge of its several businesses is patchy. “I spend a lot of time talking to investors, journalists, and research analysts, and…
Early Q3 indications show India’s startup ecosystem is going gangbusters Ola electric said this morning that it has raised $200 million at a valuation of $3 billion. Ola the parent business of the EV Company…
Concept of Overhead Variance The difference between actual and applied overhead is referred to as overhead variance. The overhead variance is the difference between the standard overhead costs allowed…
Craco (a Ghost Town), Italy Craco, a ghost town, and comune in the province of Matera, was formed in the eighth century and was a remarkable survival in the turbulent…
Sustainable Food System A sustainable food system is a type of food system that provides people with healthy food while also creating sustainable environmental, economic, and social systems…
Proven Reserves The quantity of natural resources that a firm reasonably expects to obtain from a certain deposit is referred to as proven reserves, or “proved reserves.”…