What is performance appraisal (detailed aspects)
Performance appraisal is about formal review of an employee’s performance. Generally, this review is conducted annually and managers assess individual employee’s performance. This helps to … Read more
Management
Why debt is a cheaper source of finance than equity?
It’s a fact that debt is a cheaper source of finance than equity on the following bases. Facts Detailed discussion Tax advantage The interest payment … Read more
Scrum Project Management: (What It Is and How You Can Use)
As the world becomes more digital and connected, so does our work. Scrum project management is a process that works well in this context. It … Read more
What is Integrated Project Management and How to Implement Successfully?
Integrated project management is an approach that uses various tools and techniques to streamline processes and make them more effective. Instead of working on several … Read more
What is the “Waterfall Model” of Project Management?
‘’It helps teams stay focused on the big picture and break down a project into a series of smaller tasks’’. Every project has its unique … Read more
What is Agile Project Management and How to use it?
Agile project management involves incorporating the principles of agile software development into your day-to-day workflow. It’s not enough to just read about these principles; you … Read more
NSF check or Non-Sufficient Funds: What does it mean
Checks made on a bank account that does not have adequate money to pay the check are referred to as NSF check or “nonsufficient funds … Read more
What are In-kind Benefits?
In-kind benefits are any sort of benefits that are not related to money or currency and are given above the worker’s or director’s pay. Automobiles, … Read more
What is credit repair and how to do it?
Credit repair refers to corrections in the credit report. If there is any error in your credit report, these errors are reported to the credit … Read more
Tips for personal finance management
Personal finance management might challenge you today. However, if you accept this challenge and move in the right direction, it pays off with a higher … Read more
Rolling budget (All you need to know)
A rolling budget is when the budget is continuously updated with most recent changes from period to period. For instance, you have a budget for … Read more
What is operational gearing?
Operational gearing measures the proportion of fixed cost compared to the total cost. If the proportion of the fixed cost is higher than the total … Read more
What is Asset under Management? (Detailed understanding)
Asset under management meaning Asset under management means the market value of total investment managed by fund/entity/organization. This value keeps changing with the change in … Read more
Difference between Sustainable Growth and Internal Growth Rate
The concepts of sustainable and internal growth rates play a major role in determining the fate of any business. Both concepts are growth-related and closely … Read more
Virtual currency (detailed aspects)
Virtual currency is the second name of cryptocurrency. It’s a digital representation of the stored value, and unit of account, and can also be used … Read more
Detailed understanding of GST/HST on consignment sale – (Canada perspective)
This article is highly relevant if you sell on a consignment basis. Let’s have a detailed understanding of the applicable tax regulations on the consignment … Read more
Workplace safety and insurance board (WSIB) – Ontario chapter
WSIB plays a crucial role in managing health occupation and safety system at the provincial level. It’s funded by employers and is helpful in following … Read more
What is a average true range, and how to calculate it?
Average true range meaning: The average true range (ATR) is a technical analysis indicator; it aims to give an idea about the price volatility of … Read more
What is net asset value and how to calculate it?
Definition: Net Asset Value (NAV) represents the value of an enterprise. It’s calculated by deducting total liabilities from the company’s total assets. The logic is that … Read more
What is a credit default swap?
Concept for credit default swap – CDS A credit default swap is a financial derivate. Lenders use it to transfer the risk of default on … Read more