Foreign currency translation reserves are a type of capital reserve. It arises when a business has foreign offices. This office...
business-terms
Issuing of shares results in share premium or security premium as it is sometimes called. It may also lead to...
Regulatory risk reserve is kept by money deposit banks (MDBs). It is a mandatory reserve that arises from applying IFRS...
Share premium is a source of fund to a company. Private and public companies can issue shares to raise funds....
Reserves are set aside to meet certain contingencies. It is used to pay dividends, sponsor a project or prepare for...
Statutory reserve is a special kind of fund set aside as reserves. It is as well called legal, mandatory or...
Turnover is an important metric of any business. Although it is mostly used in trading firms, the term is applicable...
For a business, keeping certain funds as reserve is like saving for the rainy days. Businesses are stronger when they...
In a financial statement, companies usually set aside some money from profit or other sources to finance important business activities....
Retained earnings is one of the important aspects of a firm closing capital or equity. This earnings is usually an...
