Head Office Account
An accounting record used in branch accounting to track transactions between the branch and the head office. It reflects capital transfers, expenses, revenues, or intercompany charges. This account helps consolidate financials across multiple locations into one set of statements.
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Hedging
Hedging is a financial strategy used to reduce or offset potential losses from market fluctuations. Businesses use instruments like forward…
Horizontal Analysis
Horizontal analysis compares financial data over multiple accounting periods to identify trends and growth patterns. It helps analysts and management…
Hybrid Accounting
Hybrid accounting combines elements of both cash and accrual accounting methods. Under this system, some transactions like revenues are recorded…
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