Notes and Study material for Exams
GS1;PART III;PART C Technique of Analysis of financial statement Financial statement: They are written records that convey the financial activities and condition of business or entity . It has four major components i.e. Income statement Balance sheets Statement of retained earnings Cash flows Financial statement analysis: It is a systematic … Read more
Revaluation: A Comprehensive Guide to Understanding and Managing Asset Value Changes Revaluation, a process of adjusting the carrying value of an asset to reflect its current market value, is a crucial aspect of financial reporting and asset management. It plays a significant role in ensuring that financial statements accurately represent the true economic value of … Read more
The Power of Equity: Understanding Its Importance and Impact Equity, a fundamental concept in finance and economics, represents the value of ownership in an asset or company. It signifies the difference between an asset’s total value and its liabilities. This article delves into the multifaceted nature of equity, exploring its significance in various contexts, its … Read more
The Economics of Ecosystems and Biodiversity (TEEB): Valuing Nature’s Contributions to Human Well-being The natural world, with its intricate ecosystems and diverse biodiversity, is not merely a picturesque backdrop to human life. It is the very foundation upon which our societies and economies are built. From the air we breathe to the food we eat, … Read more