Category: Financial Accounting


Accounting Concepts & Conventions

  ACCOUNTING CONCEPTS:- Accounting concepts means & includes necessary assumptions or ideas which are used to accounting practice & preparation of financial statements. The following are the important accounting concepts: Business Entity Concept: –...


Ratio Analysis

Ratio analysis and the nature of ratio analysis. •Introduction:- The analysis of the financial statements & interpretations of financial results of a particular period of operations with the help of ‘ratio’ is termed as...