Some important features and the various stages of project financing
Project financing involves financing capital-intensive projects like energy, infrastructure, health care, construction, telecommunication, etc. These projects involve long term off- balance sheet investments using non-recourse financing solutions. Project finance is funded by a mix of equity, debt and loans, commonly known as Special Purpose Vehicle (SPV). The investors of a project are usually referred to […]
10 Reasons Why You Can’t Ignore Sustainable Investing
Sustainable investing, ESG integration and impact investing are all distinct in their aspects but have one thing in common. And that is the prerequisite knowledge for future investors as it grabs the focus of the entire ecosystem, including investors, asset managers, and stakeholders. Here is a list of the ten critical reasons why ESG and […]
The Growing Importance of ESG Investing; its Due-Diligence, Risks and Rewards
The increasing demand for ESG (Environment, Social and Governance) investing is pushing corporates to become more responsible socially. Organizations are becoming more aware of the challenges and the negative impact of climate change and biodiversity losses that now stare at the world. With this view, organizations are now focusing on considering non-financial factors in the […]
What is the difference between cash basis accounting and accrual-based accounting?
All companies need to decide how to account for their business transactions at the onset of their business operations. Companies can record their accounts in two ways, either in Cash or on an Accrual basis. They need to understand both these methods and decide carefully which accounting method would best suit their business needs. A […]
Non-Profit Organizations and Tax Exemption – Why is it ethically important?
Under subsection 501(c) of the Internal Revenue Code, organizations that fall under the definition of public charities are eligible to receive tax exemption from the payment of federal income tax. These tax-exempt entities are further exempt from similar state and local taxes. Simply put, charitable contributions made by an individual or business to an organization […]
Financial accounting vs management accounting – 6 differences to take note
Financial accounting and management accounting are two popular terms in the financial sector. Although they are both branches of accounting, they vary in their scope and function. This blog shall discuss some of the key differences between financial and management accounting. Stay with us and read on. Financial accounting & management accounting – Meaning and […]
8 limitations of e-commerce businesses that you must know in 2022
Introduction Thanks to the growing strength of the internet, e-commerce is rapidly evolving across the globe. As per research, the Indian e-commerce industry has the potential to outperform more mature markets and become the third largest market in the world with US$ 350 billion by 2030. Have you been thinking of setting up an e-commerce […]
What are the best accounting practices to use for an online business?
Online businesses have seen a potential future due to the pandemic. The online platform was always popular. But with Covid-19, the popularity has doubled. A growing business requires a simple solution to manage transactions. If you have an online business account and are looking to track the expenses, you need to read this blog. 8 […]
The Most Common Mistakes People Make With Tax Planning And Strategy
The famous saying, ‘A penny saved is a penny earned,’ holds. As an eligible taxpaying citizen of the country, there are several ways to save on taxes legally. In doing so, there are a few common tax-saving mistakes that you must avoid. To help you with it, we’ve detailed them below. 1. Planning tax savings […]
Challenges of Accounts Payable Processing and How to Overcome Them
Introduction The accounts payable department is an important section of any corporation that manages day-to-day commercial operations. It is in charge of monitoring cash flow, protecting against fraud, and maintaining vendor relationships. However, inherent difficulties in accounts payable generate unnecessary disturbances in the firm operation, delaying payment and collecting unpaid receipts. In this post, we’ll […]