The Financial Environment | The Capital Allocation Process
The Financial Environment The financial environment consists of financial markets, financial intermediaries, and savings surplus, and savings deficit units. Savings …
Concept of Corporate Governance
Corporate Governance Corporate governance has been an important issue in the management and operation of corporate organizations these days. Corporate …
Business Ethics Definition | Corporate Social Responsibility Definition
Business Ethics and Corporate Social Responsibility Business Ethics Ethics refer to moral principles that control or influence a person’s behavior. …
The Agency Relationship | Agency Problem: Shareholders vs Managers vs Creditors
The Agency Relationship Relation between agent and principal is known as agency relation. Principal delegates the authority to the agent …
Corporate Finance and Other Functional Areas | Relationship with Marketing, Production, and Human Resource Department
Corporate Finance and Other Functional Areas There are different functional departments in an organization. The number and types of these …
Managerial Action to Maximize Shareholder Wealth
Managerial Action to Maximize Shareholder Wealth Before we describe the actions to be taken to maximize the shareholder wealth we …
Journalizing | Rules of Journalizing | Rule Based on Types of Account | Rules Based on Accounting Equation
JOURNALIZING In simple words, journalizing is an act of recording financial transactions in the journal book. It is a process …
Journal Entry: Meaning and Definitions, Objectives, and Specimen or Ruling of the Journal entry
CONCEPT OF JOURNALIZING AND THE JOURNAL The accounting process starts with the identification of the financial transactions of a business. …
Accounting Equation Definitions – Gyankovandar
CONCEPT OF ACCOUNTING EQUATION One of the important features of double-entry book-keeping is that it makes a two-fold or double …
Accounting Basic Terminologies | Double-Entry Book-keeping
BASIC TERMINOLOGIES 1. Capital: The amount of money or money’s worth investing in a business by its owners in the …
Accounting Equation | Accounting Process or Cycle
Accounting Equation The accounting equation is also called the balance sheet equation. It represents a mathematical expression of the balance …
