Hire Purchase Systemis a special system of purchase and sale. When goods are purchased on hire-purchase system, purchaser pays the price in installments, ...

Accounting concepts: Accounting concepts mean and include those basic assumptions or conditions upon which the science of accounting is based. The ...

Systematic Securities Risk also known as systemic risk, market risk and un-diversifiable risk is risk which applies to whole market or market segment. It ...

The financial management as an academic discipline has undergone notable changes over the years in its scope and areas of coverage. At the same time the ...

Traditional Approach:  Financial management emerged as a separate field of study in the early 1900s. The role of financial management is limited to ...

Consumer Protection Act was introduced in 1986 to protect the interests of consumers and to check their exploitation from producers and sellers. Under ...

The Amendment Act substitutes the definition of Indian insurance company in clause ( 7A) of section 2 of the Act so as to raise the foreign equity investment ...

Meaning Accounting Standards: Accounting standards are the uniformity and application in recording the financial implications. Kohler defines ...

Risk and return are most important concepts in finance. In fact, they are the foundation of the modem finance theory. Risk exists because of the inability ...

Preference shares have preference over ordinary shares in terms of payment of dividend and repayment of capital if the company is wound up. Preference ...

Financing is the decision of which resources or funds are to be brought into the business from external investors and creditors in order to be invested in ...

Marketing Feasibility: Marketing is essential for the success of business. Sales become a direct interface among customs and products offered by companies, ...