Tag: financial
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Services in Financial Accounting
Offices and companies have various activities everyday and that includes accounting. Whether the company is private or government-owned, it still makes use of accounting. Companies, offices, and various organizations or institutions cannot operate successfully without an accounting staff. However, having an accounting staff can get very expensive and so most companies resort to auditing services […]
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How to analyze a financial statement
It’s obvious financial statement have a lot of numbers in them and at first glance it can seem unwieldy to read and understand. One way to interpret a financial report is to compute ratios, which means, divide a particular number in the financial report by another. Financial statement ratios are also useful because they enable […]
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What are other ratios used in financial reporting
The dividend yield ratio tells investors how much cash income they’re receiving on their stock investment in a business. This is calculated by dividing the annual cash dividend per share by the current market price of the stock. This can be compared with the interest rate on high-grade debt securities that pay interest, such as […]
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What is financial window dressing?
Financial managers can do certain things to increase or decrease net income that’s recorded in the year. This is called profit smoothing, income smoothing or just plain old window dressing. This isn’t the same as fraud, or cooking the books. Most profit smoothing involves pushing some amount of revenue and/or expenses into other years than […]
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UK Pound Sterling Exchange Rate
There are few most traded currencies in the world. To name a few are US dollar, euro, Japanese yen and one of these are pound sterling. Pound sterling is the currency of UK .The symbol of pound sterling is £.It is very commonly known as British pound. 100 pence constitute one pound. The IMF updates […]