When investing, it’s best to continuously diversify. However, diversification can be a tricky process. It’s either you will diversify to attain a rate of return at a certain level of risk, or you can reduce the amount of risk required to obtain a desired financial return. If you put all of your eggs in one …
The Big accounting firms are the dream of many young accountants, yet this may not be the best long-term career choice due to their drawbacks, disadvantages and cons of big accounting firms. Another option is to compare and contrast the benefits, advantages and pros of small accounting firm and large accounting firm. In this topic …
Small Vs. Big Accounting Firms In Auckland – The Pros And Cons Read More »
For those who study and work in accounting and finance, becoming the CFO (Chief Financial Officer) of a company is often a continuing goal. Even those experienced with bookkeeping may wonder: what does a CFO do? The CFO is critical for any company’s C-suite and directly influences the large-scale outcomes of the company. For larger …
What Does CFO Does? Definition, Roles and Responsibilities Read More »
Limitations of financial statement are those variables that should be examined by a user before putting too much trust on financial statements. Financial statement limits are defined as follows: Knowing about these characteristics may result in a reduction in the amount of money invested in a company or the taking of further actions to investigate …
Strategic financial management, according to experts, is simply the process of distributing cash to a company or business when it is needed and on terms that are most favorable to the organization’s objectives. Fund raising is the primary emphasis of the approach, which may be broadened to include other instruments, institutions, and behavioral patterns. It …
Due to the fact that every business transaction involves the exchange of money, finance is believed to be engaged in every aspect of a company’s operations. It’s obvious that it’s overly broad. The group of individuals defines scope of strategic financial management as the acquisition of funds and the successful application of those funds within …
Strategic financial management refers to the management of many aspects of a company’s overall financial objective and strategy. The strategic plan of the firm comprises various elements, such as the marketing and sales strategy, the production plan, the personnel plan, the capital expenditure plan, and so on. All of the following has financial implications for …
Strategic Financial Management – Definition, Fundamentals and Process Read More »
In order to properly analyses the financial ramifications of decisions that they confront, managers might employ financial management techniques. Its application should be confined to selecting among various courses of action that will aid in the achievement of the organization’s objectives. Financial management has a number of advantages, but it also has certain disadvantages or …
Disadvantages / Limitations of Financial Management Read More »
For many years, the majority of businesses throughout the world believed that these two processes were completely separate from one another. Recently, though, this has changed. Strategic financial planning is a hybrid method to financial planning that integrates multiple techniques to produce a more comprehensive approach to financial planning. Let us understand what is strategic …
Strategic Financial Planning – Examples, Importance and Levels Read More »
India’s unemployment rate is still high despite the fact that the country was placed under lockdown to stop the spread of deadly COVID-19 last March 25, 2020. Covid-19 impact on employment in India and unemployment rate in India due to coronavirus. The pandemic-induced job losses have not abated consistently since then. To stop the spread …
Covid-19 Impact on Employment & Economy in India Read More »
