What is Cash Flow Statement? A cash flow statement is a statement of the inflow or outflow of cash or…
What is Fund Flow Statement? The fund flow statement reveals information about the sources and uses of funds during a…
What is Ratio? The term “Ratio” simply means one number expressed in terms of another. It describes in mathematical terms…
What is Break Even Analysis? The Break Even Point is the point at which sales volume total revenues and total…
What is Time Value of Money? The value of money changes with the change in time. Due to various factors…
What are Financial Documents? Financial documents contain summarised information about the firm’s financial affairs. Its main purpose is to present…
What is Balance Sheet? Balance Sheet: The balance sheet is prepared by a firm to present its financial position at…
What is Financial Planning? Financial planning means preparing a financial plan. A financial plan is also called a plan. A…
What is Financial Forecasting? The science of financial forecasting is becoming increasingly important as a tool for appraising the real…
What is Merger and Acquisition? Mergers and acquisitions are the most popular means of corporate restructuring or business combinations in…