What is Capital Structure?

A capital structure concerns the composition of the liability of a company or more specifically, the relative participation of the several financing sources in the composition of the total obligations. Capital structure decision is very essential for any organization;...

CIPPA – Constant Item Purchasing Power Accounting

Constant Item Purchasing Power Accounting (CIPPA) is the International Accounting Standards Board’s basic accounting alternative authorized in International Financial Reporting Standards in the Framework for the Preparation and Presentation of Financial...

What is Balance Sheet/Statement of Financial Position

Balance sheet is the statement of financial position of a company. It depicts the financial position (sound or weak) of a company on a specific date. The basic concept involved in balance sheet is that the assets are equal to outside liabilities and owners’ equity....

GAAP / International Financial Reporting Standards

Generally Accepted Accounting Principles (GAAP) is an international recognized and accepted concept of standard framework and rules to ensure uniform financial reporting across the globe. GAAP is the general term which covers all the standards, principles,...