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
Is deferred revenue income or liability?
Deferred revenue / deferred liability: Deferred revenue, also known as “unearned” or deferred income, is any revenue we collect from our customers before earning it. … 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
What is year on year comparison meaning?
Definition: Year-on-year (YOY) is a method used in comparing time series data per annum. It is a technique of evaluating two or more measured events … Read more
Market penetration and market skimming price
Market penetration and market skimming price are well known terms in the field of finance and economics. These terms are used for the products and … Read more
Can I transfer crypto from Robinhood to Coinbase?
Coinbase and Robinhood, both located in the United States, are two convenient and easy to use services which enables the newcomers to purchase and sell … Read more
Professional courses for human resource management
Professional courses for human resource management provide exposure and adds to the professionalism of the candidates. Taking such courses provides tools which can help in … Read more
Why a career in human resource management is a good option?
Human Resource Management is gaining popularity among people to opt for it as a career. It is the department of the organization responsible for managing … Read more
What is Ratio Analysis? (All you need to know)
Ratio analysis is a quantitative method used to analyze the company’s data contained in financial statements. This analytical information helps to understand company’s profitability, solvency, … Read more
What is a Nominal Ledger?
The Nominal ledger is also referred as a general ledger. All transactions of the company are recorded in the chart of accounts. These chart of … Read more
Contribution margin vs. gross margin
Contribution and gross margin help to understand the gap between revenue and expenses of the business. These measures are used to assess the profit that … Read more
Franchising vs. licensing
Licensing and franchising are sometimes confused to be the same. But they are different, in simple words licensing typically deals with the businesses of products … Read more
Horizontal integration vs. vertical integration
Horizontal integration is when a business acquires/merges with another business operating at the same level in a value chain. Generally, such integration aims to grow … Read more
What is the ex-factory price?
The selling cost of goods or merchandise from the seller’s factory is called ex-factory price. Here the term “ex” depicts exports, which means that the … Read more
Interim Dividend (All you need to know)
Definition The interim dividend is a dividend payment made by a corporation to the shareholders during accounting year. The payment for the interim dividend is … Read more
Why is external auditing important?
External auditing is important to assess the fairness of financial statements prepared by the management. As we understand, there is an agency relationship between shareholders … Read more