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Accounting principles are basic guidelines that present the standards for accounting practices. It narrates how to record the accounting transactions in the books of accounts and also how to prepare and report this accounting data to the users.   When we follow these accounting principles, the financial records of the company can accomplish uniformity among […]

Do you know how financial management helps you in the business, among other business functions? In this article, we try to discuss what is financial management, who can become a finance manager or CFO of a company and what exactly they do in the business. Financial Management Financial Management is the specialized function of the

Debit and credit have much importance when we try to learn the language of business. This language is known as Accountancy. A clear understanding of both debit and credit will give you a strong foundation in the journey of learning and practising of accounting.   Before learning the term Debit and Credit, we need to

Fintech Impact, Compliance and Challenges to Finance Industry  Fintech is a term that normally indicates financial technology. FinTech means all those technologies used for the enhancement of the functions of the financial service industry. Innovative use of technology or its application in the design, operation and delivery of financial products and services.  As we know,

How Coupon Bond Function Works in Google sheet COUPDAYBS Function is a Finance Function in the Google sheet. This function returns the number of days from the first coupon, or the interest payment, until the settlement date of the coupon. Coupon Bond  Coupon Bond is a bond and it creates a debt obligation with small

How to Calculate AMORLINC Finance Function in Google Sheet AMORLINC Finance Function in Google sheet return the depreciation of an asset for an accounting period or the prorated depreciation depends on the date of purchase like the middle of the year.  What is Depreciation? Depreciation is the method of cost allocation of the fixed asset over

What is ACCRINTM Function Google Sheet? ACCRINTM is a Financial Function in Google Sheet. This function is used to calculate the accrued interest of a  security which pays the interest at the time of maturity of the security. Securities pay interest periodically or at the time of maturity. ACCRINTM Finance function calculates accrued interest of a security, paying

  How to become a Professional in Corporate Finance   Corporate finance is the area of study in financial management. This subject is teaching to maximize the wealth of the shareholders. Corporate finance is dealing with the areas like capital structure, the source of funds and the required tools and methods to analyse and allocate

ACCRINT Finance Function in Google Sheet calculates the accrued interest of security that paying interest on the periodic basis. ACCRINT Finance Function in Google sheet and Excel are the same in concept and application. What is Accrued Interest? Suppose Mr A purchased a bond of $ 1000 from Mr B. on 1st April 2018. Thus a bond

PV Function or Present Value Function is a Finance Function in the Google sheet. It used to calculate the present value of an investment or loan based on a fixed periodic payment and a  constant interest rate. In finance, The Present Value is also known as Discounted Value also. Calculation of PV helps us to evaluate the