Dumb’s Guide to Understand the Balance Sheet

You might have heard of the term balance sheet,also known as a “statement of financial position” several times. It is very important for an accountant or a business owner to read and understand the balance sheet. Balance sheet is one of the financial statements of Accountancy and comes under Accountancy 101. Read More

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Dumb’s Guide to Understanding Different Financial Securities

A security in financial world is any asset which can be financially traded. It is a type of entity which can be exchanged with other forms of goods or can be issued by the issuer in return for capital raised for projects. For example, government can issue government bonds to raise capital for infrastructure development and give a return on it accordingly. Securities includes equities, debentures, stocks, bonds etc. Read More