Foreign currency translation reserves are a type of capital reserve. It arises when a business has foreign offices. This office...
Financial statements
When errors are made in accounting, those mistakes may not be found until after the profit or loss statement is...
Regulatory risk reserve is kept by money deposit banks (MDBs). It is a mandatory reserve that arises from applying IFRS...
Reserves are set aside to meet certain contingencies. It is used to pay dividends, sponsor a project or prepare for...
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...
Equity capital is an investment in a company. The aim generally is to provide finance for the business. The fund...
The term capital is well known to finance students and professionals. To those without this knowledge, capital may be seen...
In this article, the distinction between current assets and liabilities is examined. The key point is that both are available...
Assets are economic resources as a result of past events having the potential to provide cash inflows to the entity....
