What is Hedging ?
A technique of neutralising risk by taking a position in the derivatives market that is opposite to one’s position in the cash market, thereby reducing or limiting the effect of … Read More
Category: Accounting Terms
Bitcoin The New E-Currency of the World
Bitcoin It is an open source P2P digital currency, first described in 2009 by a pseudonymous developer (or developers) Satoshi Nakamoto. Bitcoin is a digital currency, a protocol and a … Read More
All about TAN or Tax Deduction and Collection Account Number
1. What is TAN? TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for … Read More
The term Revenue expenditure means
Revenue expenditure: This is expenditure on recurring items, including the running of services and financing capital spending that is paid for by borrowing. This is meant for normal running of … Read More
Accounting Terms-Common terms using in Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers.[1] The communication is generally in the form of financial statements that … Read More