Finance

The personal budget

A budget is a plan, which is set out in numbers. It sets out figures that an...

Products that can help you manage your personal finances

Banks provide a number of important financial services to business:LoansProvide businesses with expansion capital. A secured loan...

Using a budget

A budget is a plan, which is set out in numbers. It sets out figures that an...

Calculating the profit or loss of a business

Two of the most important financial statements for a business are the Profit and Loss Account, and...

Accounting principles

Accounting principles involve the recording and interpretation of business activity in figures (recording accounts). Records are kept of...

Financial records and documents

Accounting involves the creation of financial records of business transactions, flows of finance, the process of creating...

Understanding a balance sheet

The Balance Sheet gives a frozen picture of one instant of time. The other two financial statements...

The importance of business accounts

Business accounts are produced to meet the needs of their users. Typical users and the use they...

Interpreting financial information

Business accounts are produced to meet the needs of their users. Typical users and the use they...

Accounting for decisions

Management accounting uses financial information in order to enable better decision making within the organisation. The format...

Accounting concepts

Accounts are records of financial transactions. Information that is used in accounts is initially entered into books...

The flow of financial documents used in a business...

There are a number of documents that flow between a supplier and a purchaser when purchases are...

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