Monday, April 8, 2013

Financial Statement Analysis - Introduction

The way of understanding the risks and profitability of the company/ firm through reported figures in financial statements is Financial Statements Analysis. Various types of analysis may be conducted but the most commonly uses is 'Financial Statements Ratio Analysis'. Two types of ratios are calculated that are Profitability...

Monday, April 1, 2013

Excel Tips n Tricks - Conditional Formatting

Conditional Formatting in Excel 2007 is one of the most powerful data validation tool. ...

Understand Inventory Accounting

There are three types of inventory/ stock in an organization. Raw Material Inventory Finished goods Consumables Raw material inventory is used to manufacture finished goods. Finished goods inventory is held for sale. Work In Process: Semi Finished goods. lets take a scenario of Potato Chips Factory; Raw Material...

 

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