Tag Archives: #FinancialEvaluation

Q20.56 Projected financial statements for 5 years ?

Projected financial statements Website Link Projected financial statements: for a five-year period offer a distinctive insight into an organization’s anticipated financial performance and position over the given duration. These statements are based on assumptions, forecasts, and expectations about future economic conditions, market trends, and internal factors. Here are the key components typically included in projected… Read More »

Why annual report is important?

Annual report is important The annual report serves as a crucial document that offers a comprehensive synopsis of a company’s performance, financial well-being, and undertakings throughout a fiscal year. Here are several reasons why the annual report is important: 1.Transparency and Accountability: The annual report promotes transparency by providing shareholders, investors, and other stakeholders with… Read More »

Mudra loan project report sample?

Mudra loan project Mudra loan project, A typical sample project report for a Mudra loan includes vital information about a small business seeking financial assistance. While the specific details may vary depending on the requirements of the lending institution. Here are some key components commonly found in a mudra loan project report: 1.Executive Summary:… Read More »

Mudra loan project report model?

Mudra loan Mudra loan, which stands for Micro Units Development and Refinance Agency, is a government initiative in India aimed at offering financial assistance to micro and small enterprises. Its primary objective is to provide crucial support to these businesses. The project report for a Mudra loan would depend on various factors, such as… Read More »

What is the difference between income statement and profit & loss account?

Difference between income statement and profit & loss account The terms “income statement” and “profit and loss account” are often used interchangeably to refer to a financial statement that summarizes a company’s revenues and expenses during a specific period of time. However, in some contexts, there may be a subtle difference in meaning. In general,… Read More »

Is the provision for taxation a liquid asset or not?

Is the provision for taxation a liquid asset or not The provision for taxation is not considered a liquid asset. In financial terms, a liquid asset refers to an asset that can easily convert into cash without significant loss in value. While the provision for taxation represents an estimated amount set aside by a company… Read More »

What is estimation and valuation?

Estimation and Valuation Estimation and valuation are two terms used in accounting and finance to assess the worth or value of an asset or liability. Estimations is the process of making an educated guess or calculation of the value of an asset or liability. It involves using historical data, market trends, and other relevant information… Read More »

How does a write-off affect net income and net account receivable?

Write-off affect net income and net account receivable Write-off affect net income and net account receivable: A write-off is an accounting term used when a company decides that a particular asset, such as an account receivable, is unlikely to be collected. This can occur due to various reasons, such as customer insolvency or prolonged… Read More »

What is cost audit?

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Cost Audit Cost audit is a type of audit that focuses on the analysis of the cost structure of an organization. It aims to identify areas where costs can be reduced, efficiency can be increased, and profitability can be improved. This type of audit report is a detailed report that is prepared by the cost… Read More »