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Kounal Gupta

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GST is the next big thing present in Modi’s tasksheet to influence the Indian Economy. However, do you think the Indian Economy is ready to face the jerk of this transition ? Do you think companies are competent to execute the necesarry actionables while addressing various challenges of demonitization and a ‘Trump-ed’ global economy ? To answer these questions, Henry Harvin Education has come up with a unique offering to counter this problem at the grassroot…

Financial accounting is the branch of accounting that is concerned with the summary, analysis, and reporting of financial transactions relating to a business. The end product of Financial accounting involves the preparation of Financial Statements for the users of accounting information.A financial statement includes the following: An Income statement or Profit and Loss Statement is a Financial Statement showing the Company’s revenue and expenses for a particular period.A Balance Sheet is a statement of financial position…

Working capital is a financial metric which represents operating liquidity of a business enterprise. It is a measure of a company’s efficiency and its short-term financial position.Working capital is the difference between the current assets and the current liabilities. Working Capital = Current Assets – Current Liabilities Current Assets includes Accounts Receivable (Bills receivable and Sundry Debtors less provision for doubtful debts), Inventories, Cash and Cash Equivalents and Other Current Assets (excluding Loose tools, Stores and Spares and…

Capital budgeting is the process of determining whether an organization’s long term investments such as new machinery, new product line, new building and research development projects are worth the funding of cash through the firm’s capital structure (equity, debt, or retained earnings).It is also known as “investment appraisal.” It is the process in which resources are allocated for capital, investment or expenditure.The mail aim of Capital Budgeting is to maximise shareholders’ wealth.Need for Capital Budgeting A large sum of…

Finance is generally related with the study of investments. In layman terms it is referred as the science of money management. It is something that every individual comes across in his day to day life be it for personal purpose or business decision making purpose. Thus, Finance is a vital aspect which every individual should be aware of if he intends for some meaningful contribution to his/her organisation’s success.It’s not just that finance is important for…

BUDGETBudget is generally defined as a quantitative plan which is chartered for the forthcoming period of time. It generally takes into consideration planned sales volumes, costs to be incurred, expenses to be met out, expected revenue to be generated and flow of cash and cash equivalents during the time period for which the budget is planned.Budget can be prepared at any level ranging from an individual to national level. It is basically the estimation of revenue and expenses.Budget is…

Personal Financial Planning is a process of management of finance facilitated by an individual or a family unit in order to plan its savings, investment and expenditure for a given period of time taking into consideration future events and contingencies. This process guides regarding budget and spending of monetary resources. With the help of personal planning, one can figure out the minimum amount to be retained as saving which will benefit to a huge extent in the…

Finance plays a crucial role when it comes to taking decisions regarding the continued survival and growth of a business. Various decisions regarding the organisation are taken by analysing the financial statements as they help in ascertaining the viability in aspects related to financing. Finance basically serves as an enabler of various business opportunities in terms of expansion, larger market capitalization and a new offering of service. Companies generally finance its funds through two ways – Equity…

Financing is a vital aspect which is required to start a business and increase its profitability. It is also needed to tap the necessary resources for the firm. There are couple of means through which financing can be done. However the firm needs to weigh the pros and cons of each source of financing in the light of real world situations and then choose the means through which financing can be performed. There are two…

Agile method is a software development process which mainly aims to bring incremental development by encouraging rapid and flexible response to changes. It follows a collective approach to project management which helps in reducing time-to-market significantly. Practices followed by agile can be applied to any knowledge-based complex creative development. It promotes adaptive planning, early delivery, evolutionary development and continuous improvement, which encourages flexible response to changes. Agile development is supported by a bundle of concrete services covering areas like requirement, testing, designing…