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, and investment needs. Forecasting supports budgeting, resource allocation, and strategic decision-making in uncertain environments.
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Financial Leverage
The use of borrowed funds to increase the potential return on investment. While leverage can amplify profits, it also magnifies…
Full Disclosure Principle
A key accounting concept that requires all significant information affecting financial statements to be clearly disclosed. This includes pendings lawsuits,…
Forensic Accounting
A specialized field that combines accounting, auditing, and investigative skills to detect fraud, embezzlement, or financial misconduct. Forensic accountants analyse…
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