Fictitious assets

Fictitious assets meaning/definition Fictitious assets are not an asset in reality. However, these assets are recorded in the balance sheet to reflect a true sense … Read more


Internal sources of finance

Internal sources of finance refer to the money generated from internal business operations. It’s considered one of the safest sources of finance in terms of … Read more

Objectives of financial mangement

Objectives of Financial Management

Objectives of financial management include efficient financial planning, effectively organizing, directing, and managing financial activities so that wastage of financial resources is minimized and the … Read more