If you are prepared to invest your hard-earned money in the stock market you should understand that there is an element of risk attached to your financial speculation and that is why you want to find investments that offer a margin of safety. This could be when you find a stock that you believe is […]
While summing up the financial year, it is important to get your accounting balance straight. Therefore, you should consider making adjusting entries. Without them, your final figure for the account can become inaccurate. Thus, to avoid inaccuracies and know the exact revenue generated by your business in the accounting year, it is important to record […]
The key to successful investing is often about diversification, and good portfolio management will help to ensure that you spread the risk across a range of opportunities. Here is a look at some useful portfolio management strategies to help you try and make the most of your investments in a more structured way. Diversify One […]
Double Declining Balance Method: Also known as the reducing balance method, a double declining balance is an accounting term. It refers to how you account for the expense of an asset. It is primarily used when you want to use an accelerated depreciation method. A very basic explanation of a double declining balance is that […]