Tag Archives: #ResourceAllocation

What is the difference between financial analysis, financial planning and financial management?

Financial analysis Vs planning Vs management Financial analysis Vs planning Vs management, Financial analyst, financial plannings, and financial management are three distinct concepts in the field of finance. It is refers to the process of evaluating the financial performance of a company or investment by analyzing its financial statements, ratios, and other financial indicators. It… Read More »

Why is tax compliance important?

Taxation Compliance Taxation compliance is for several reasons: Legal Obligation: Paying taxes and complying with tax laws is a legal requirement in most jurisdictions. Failure to meet tax obligations can result in penalties, fines, or even legal consequences. Complying with tax laws ensures individuals and businesses remain in good standing with tax authorities and… Read More »

What are the features of private sector enterprises?

Private sector enterprises feature Private sector enterprises are businesses that are owned and operated by individuals or groups of individuals rather than the government. Here are the key features of private sector enterprises: 1.Private Ownership: Private sector enterprises feature always own and control by private individuals or organizations. The owners bear the responsibility for the… Read More »

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