Year: 2020
- Financial Management
Hedge Fund Strategies in Finance
Hedge funds are known for their aggressive investment styles and use of a variety of strategies to generate returns. Hedge fund strategies aim to generate high
- Cost Accounting
Why do variances arise in costing
Variance in cost accounting is the difference between the actual cost of something and the expected cost of something. For example, a direct material cost varia
- Financial Management
The Payback Period Method of Investment Appraisal
The payback period is the amount of time it takes to recover the investment’s initial outlay. In other words, it is the amount of time it takes for the pr
- Financial Accounting Concepts
Accounts for manufacturing businesses
What are manufacturing businesses? A manufacturing business is that which is involved in the production of manufacture of goods. Typical examples of manufacturi
- Financial Accounting Concepts
What are the final accounts? and how to prepare them?
After passing journal entries for events and transactions, posting them to ledgers, and preparing trial balances, the final step is to prepare final accounts. B
- Cost Accounting
ERP Implementation Guidance for Management Accountants
ERP implementation refers to integrating an ERP system with various modules to improve financial data management, analysis, and decision-making. The ERP impleme
- Financial Management
What are the Differences between Future and Options?
Futures and options are both types of financial derivatives that allow traders to speculate on the future price of an underlying asset. However, there are some
- Cost Accounting
What is Material Cost Variance in Costing?
Material Cost Variance (MCV) is the difference between the standard cost of the material allowed (standard material) for the output to be achieved and the actua
- Financial Accounting Concepts
Choosing the Best Accounting Books for Students
Some of the best accounting books that you can buy are books that will provide an overview and explain the basic concepts of the subject, such as the basics of
- Cost Accounting
What is variance analysis and its usefulness?
Variance refers to the difference between the standard and actual variables. For example, you can calculate the selling price variance to find the difference be