Before diving deep into any business or carrying on any capital project, one needs to prepare a feasibility study to predict any loss caused by entering into any new business or investing in any capital project. Prospective investors also require a detailed feasibility report before injecting any investment into the business. Read below to understand how Feasibility Studies help.
The pandemic testing time has made businesses think outside the box and develop survival strategies. The amount of effort required differs from company to company. What’s suitable for your business? Read through.
Investment banking is a financial institution that helps individuals and corporates to raise financial capital by acting as their agents and advisor. If executed correctly, it's a very lucrative business with high-profit margins.
Forecasting and scenario planning are often used interchangeably. However, both terms are different. Want to know more about them, read on and provide your input.
There can be multiple approaches to business valuation and few are explained in this article. However, business valuations are not restricted to numbers only. There are many other qualitative factors that impact business decisions.
After more than 4 decades of existence IAS 8 finally has it own definition of Accounting Estimates. Read through what the definition is along with its implications and examples.
Considering the unusual circumstances of Covid-19, IASB has made amendments to IFRS 16 for rent related concession. Read below the complete overview of the amendment along with practical examples.
A great Business Plan is the Corner stone for securing funding for startups. However, not all the business owners are great in developing a compelling Business Plan. I have tried to summarize the key components of any business plan. Do give it a read and provide your feedback.
In Numerology, Number 9 is known as the number of Universal Love, though in the International Financial Reporting Standards, IFRS 9 ‘Financial Instruments’ was certainly not welcomed with much love. After the financial crisis of 2007 and 2008, the accounting standard bodies were blamed for not adequately catering the impairment provisions of financial assets. The... Continue Reading →
“Don't tell me what you value, show me your budget, and I'll tell you what you value.” Joe Biden That’s what the significance of Budgeting is for any Organization! But Budgeting and forecasting process in any average size Organization takes extensive amount of resources and time of all level of management. So many times executives... Continue Reading →