Lease Financing is one of the best alternatives to straight-up purchasing plant and machineries when business firms are seeking the means to obtain necessary equipment and supplies that have the possibly to endanger business firms monetary flow and stockpile. The structure of the lease, however, gives great room for meeting the specialized needs of the business, …

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Basic accounting assumptions is a set of standars of rules based on Generally accepted Accounting principles (GAAP). Accounting principles and assumptions are the essential guidelines under which businesses prepare their financial statements. Basic accounting assumptions provide a foundation for recording the transactions and preparing the financial statements for an entity. Assumptions provide the fundation for …

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Working capital consists of two components for example fixed components and variable components. While the fixed components is to be financed through long and medium term sources of finance, the variable portion of working capital is financed through short term sources. Certain internal resources like depreciation, reserves and provisions are also used for short term …

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Goodwill is defined as the future economic benefits arising from assets that are not capable of being individually and separately recognized. Goodwill is the difference between the value of a business as a whole and the aggregate of the fair values of its separable net assets. Goodwill may exist because of any combination of number of possible …

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The Credit risk grading (CRG) is a collective characterization based on the pre-specified scale and reflects the underlying credit-risk for a given exposure. Credit risk grading deploys a number as a primary summary indicator of risks associated with a credit exposure. Credit risk grading is the basic module for developing a credit risk management system. …

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