Private company versus publicly listed company – what is the difference
A company can be classified as private or publicly listed based on whether it’s stocks can be traded in financial markets or not. Organizations whose shares are traded
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Editorial Staff at Yourfinancebook is a team of finance professionals. The team has more than a decade experience in taxation and personal finance.
How many board meetings a One Person Company should conduct in a year
To consider policy issues and other major problems of a one person company, board meetings are held by bringing together the directors. Companies act allow you to hold
Fixed assets on the company’s balance sheet
Asset held with the intention of being used for the purpose of producing goods or providing services and is not held for sale in the normal course of
Inventory on the balance sheet
In simplified terms, inventory consists of items which the company owns but has not yet sold and/or consumed. Inventory is shown under the head current asset on the
what is Retained Earnings and how its calculated
Company’s profit can be distributed as dividend or retained for reinvestment within the organisation. Based on management’s plan, companies in general distribute a portion of the profit as
How to calculate Price earnings to growth ratio – PEG
PEG or price/earnings to growth ratio is simply calculated by taking P/E ratio and dividing it by earnings growth rate. Price to earnings is the most important component
Single entry or double entry bookkeeping – What is best
Bookkeeping is the process of accumulating, classifying, recording and organizing a financial transaction to facilitate day-to-day transaction of an entity for preparing financial statement. We have two systems
How to start a Systematic Investment Plan or SIP in Mutual Fund
There are two ways to invest in a mutual fund. One is the one-time outright payment directly to the mutual fund and the other one is periodic payments
Difference between repo rate and reverse repo rate
In this article, we will be discussing the difference between repo and reverse repo rate. To understand reverse repo rate, we first have to understand what is repo
What is Net Asset Value of Mutual Fund – NAV
Net Asset Value of a mutual fund is the price at which one unit of mutual fund is traded between investors. It’s very easy to calculate. You need