Terms starting with
Forecasting
Forecasting it the process of estimating future financial outcomes based on historical data, trends, and assumptions. It helps businesses plan for sales, expenses, cash flow,…
READ MOREFinancial Ratios
Metrics derived from financial statements used to evaluate a company’s performance, health, and efficiency. Common ratios include current ratio, return on equity, and debt-to-equity. They…
READ MOREFinancial Accounting
Financial accounting is the process of recording, summarizing, and reporting a company’s financial transactions in accordance with standardized rules like GAAP or IFRS. Its main…
READ MOREFunds Flow Statement
A financial report that shows changes in a company’s working capital over a period. It highlights the sources and uses of funds, especially shifts between…
READ MOREFixed Costs
Fixed cost is an expenses that remain constant regardless of production volume or sales activity. Examples include rent, salaries, insurance, and depreciation. Fixed costs are…
READ MOREFinancial Statements
Financial statements is a standardized reports that summarize a company’s financial activities and position. Key statements include the income statement, balance sheet, cash flow statement,…
READ MOREFair Value
The estimated market price of an asset or liability in an arm’s length transaction between informed, willing parties. It reflects what something is worth under…
READ MOREFixed Assets
Fixed asset is a long-term tangible asset used in business operations that aren’t expected to be sold within a year. Examples include buildings, machinery, vehicles,…
READ MOREFIFO (First-in, First-Out)
FIFO is an inventory valuation method where the oldest inventory costs are recorded as sold first. FIFO assumes earlier purchases are used up before newer…
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