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Financial Management

Nature and Scope of Financial Planning

Meaning of Financial Planning Financial planning is a term related to the estimation of fund requirements of business and deciding …

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Features and Importance of Public Deposits

Public deposits mean the funds raised by the company from the general public for financing its short-term and medium-term needs. …

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Advantages and Disadvantages of Capital Budgeting

Capital Budgeting refers to the investment decisions in capital expenditure incurred by which the benefits are received after one year. …

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Financial Crisis – Meaning, Impact, Causes and Types

Meaning of Financial Crisis A financial crisis is simply the collapse of the entire financial system making it inefficient to …

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Types of Inflation in Economics

Meaning of Inflation It is defined as a sustained increase in the general level of prices for goods and services. …

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Limitations of Ratio Analysis

Meaning of Ratio Analysis Ratio analysis is a very powerful analytical tool for measuring performance of an organization. The ratio …

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Derivatives: Functions, Types, Advantages, and Disadvantages

Meaning of Derivatives Derivatives are financial instruments used for trading in the market whose value is dependent upon one or …

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Advantages and Disadvantages of Standard Costing

Meaning of Standard Costing According to the Chartered Institute of Management Accountants. Standard Costing is “the preparation and use of …

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Budgetary control | Meaning | Advantages | Disadvantages

Meaning of Budgetary Control Budgetary control is a process of monitoring and controlling revenues and expenditures of business organizations by …

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Long-term and Short-term sources of Finance

Meaning of Long-term and Short-term sources of Finance Sources of Finance are the means used for raising funds by business …

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