These are the broad basic assumptions under which financial statements are prepared and these principles are used by the entire profession in preparing financial accounting information.

Foodflation has become a buzz in the world economy and said to have major impact on developing nations. What is this foodflation? What is happening to world food market? These are some of the common questions hold by people.

Human resource (HR) department deals with wide range of activities from strategic planning level to the day to day operations level. Therefore defining roles and responsibilities of HR manager is a quite complex task but some of the functions carried are summarized below.

The yield curve shows the relationship between the yield (interest rate) and the maturity period of a bond. It graphically represents the rate of return of a particular bond against its maturity period. Investors use yield curves to analyze and compare between their investments alternatives. It gives a clear understanding to the investor as to how much of yield that he is going to get depending on the no of years to the maturity. Investors [...]

Financial accounting is concerned with providing financial information about the company’s performance. Management accounting is concerned with generating necessary information for decision making purposes in the organization and these data are not available for the general public or stakeholders.