The process of identifying, measuring and communicating financial information to enable informed judgements and decisions.
Horizontal analysis is the technique of evaluating financial statements analysis to know the changes in the amounts of corresponding financial items over a period. Whereas in the Vertical Analysis each amount from all 3 major categories of accounts viz; assets, liabilities and shareholder’s equities are represented as the proportion of the total balance of the […]
Balance Sheet Vertical analysis means the vertical evaluation of Balance sheet and other financial statements in terms of relative percentage change in line items. While performing Balance sheet Vertical analysis, each amount from all 3 major categories of accounts in a balance sheet, viz; assets, liabilities and shareholder’s equities are represented as the proportion of […]
The Business Net Worth Calculator is a document that easily calculates current Net Worth of a company. In simple words, Net Worth Calculator shows what is the business/company’s wealth after paying everything that it owes to other. Total assets include cash, investment, Accounts Receivables and other asset accounts. The Liabilities include all payments like loans, […]
This article contains the Personal Budget Excel Template with graphs and predefined formulas. This Budget is for individuals. For Company Budget please click here. A personal budget is a financial plan that allocates your personal income towards routine expenses eventually helping to do savings or debt repayments. Budgeting is similar to dieting. During a dieting, […]