What investment plan is good for me? Are mutual funds your cup of tea? Should I open a Fixed deposit account? Should I invest in Mutual funds? If these types of questions are lingering in your mind then keep on reading. This article will help you to get all your answers. People become very confused…
Technology is something that has a Midas touch. It transforms and accelerates the industry it gets associated with. In the same way, the accounting industry is changing dynamically which nobody would have imagined some years back. Cloud computing has brought this change in the business world. With the explosive growth of accounting software, the accounting…
Money is a very important commodity in the world. With money, there is an unlimited number of things that you want that money can buy. Even if you ever get enough money to buy everything you ever need, before you finish buying them, some of them would already have newer versions that you might want…
The world is leaning more towards cashless spending for obvious reasons. Apart from how much it costs the government of a country to print money, moving around with money is very risky. You could lose your card and not lose any money but if you lose cash, and you never find it, then you have…
Invoice finance is a handy way of getting an advance on your outstanding invoices. Many businesses (over 40,000 in the UK alone), use invoice finance as a way of managing and improving cash-flow. Broadly speaking, invoice finance comes in two forms – factoring and discounting. The key difference lies in whose name is used to…
Take the hypothetical scenario where you are told to compare apples with oranges. Any sane person can tell that it is not wise to compare apples with oranges. The same rule also applies to financial accounting. Just imagine how the situation would be if every organization started following its own format for creating Accounting Financial…
The cost of post-secondary education in Canada has been rising steadily for the past few years, including tuition fees and housing costs. Tuition fees alone rose by 40 percent over the past decade, necessitating the need to maximize savings of education funds. It’s no doubt that most Canadian parents save money for their children’s post-secondary…
We live in an online world. Almost anything can be done through the internet now: shopping, learning, and yes, even borrowing money. There are a lot of online financial institutions and storefront lenders already that offer various loans and payment terms. It’s no secret that a lot of people (especially younger borrowers) prefer this method…
Now that the year is coming to a close, it’s time to set your expectations for the decade ahead. Aside from adopting healthier habits, one common resolution that people tend to make is to develop their financial management skills. Unfortunately, most people aren’t able to keep up with this commitment and end up making the…
How will the purchase price sale of gold perform this quarter? How does the relationship between the value of the dollar and the price of gold correlate? There is a longstanding and often fluctuating relationship between the value of the US dollar and the price of gold. Changes in the value of either of these…
