Accounting Terms

What is Hedging ? 3 min read

• Accounting Terms
• Economics

What is Hedging ?

gktoday 6 years ago

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... Read More

Bitcoin The New E-Currency of the World 2 min read

• Accountancy
• Accounting Terms

Bitcoin The New E-Currency of the World

gktoday 10 years ago

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... Read More

All about TAN or Tax Deduction and Collection Account Number 6 min read

• Accountancy
• Accounting Terms
• Banking Terms

All about TAN or Tax Deduction and Collection Account Number

gktoday 12 years ago

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... Read More

The term Revenue expenditure means 1 min read

• Accounting Terms

The term Revenue expenditure means

gktoday 12 years ago

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... Read More

Accounting Terms-Common terms using in Accountancy 2 min read

• Accountancy
• Accounting Terms

Accounting Terms-Common terms using in Accountancy

gktoday 14 years ago 2

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... Read More