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Thread: Basic financial terms

  1. #1
    Join Date
    Sep 2010
    Posts
    63

    Basic financial terms

    This is for me and my friend, we both are management student will go for the further study, thinking that you will go for the finance and the sales specialization, but we both are not so advanced in both of the terms, so we are here for gathering some information about Financial terms which will help us in our studies and for as the extra knowledge, so is there any one give us any information about the financial terms which are currently using in the market. Any information will be useful for us.
    Last edited by Moon Walker; 17-11-2010 at 10:43 PM.

  2. #2
    Join Date
    May 2008
    Posts
    1,137

    Re: Basic financial terms

    The information about the financial terms that I have is mainly applied in different companies with some conditions. It depends on their accounting policies. In different countries the financial terms are always different. These are also depends on the country policies. This is nothing but some of the condition those are used for making finance in the different organizations. This is designed with the general rules for the non-financial business a person, for the growth of a company is also depend so the financial conditions which is allied to the policies. It is designed as some of the typical figures and methodology.

  3. #3
    Join Date
    Feb 2008
    Posts
    1,260

    Re: Basic financial terms

    The balance sheet is also useful in the financial terms which is used for the maintaining the details of the finance of the company which is made by the authoring person or for the employs to whom the policies are applied. By the balance sheet the profit and the loss will be decided, also the cash flow of the company is monitored. By this sheet the company will go for the further making any payment to the market. The balance sheet is known as the snapshot of the original condition of the organization.

  4. #4
    Join Date
    May 2008
    Posts
    1,295

    Re: Basic financial terms

    I also like to share some of the information about the essential information about the balance sheet, which is maintained for the company to track the financial condition of the own company, the balance sheet is works for look to the short term and the long term debts which is made in the company. The reserve assets along with the some investment which are made for the funds are also looking by the balance sheet. This is fundamental concept of the financial process. The simple concept of any company is Capital + Liabilities = Assets, this is a vital role for the financial terms. O e of the other main part is known as budget, which works like same is as the balance sheet. By this the company is keep track on the transaction which are make in order to buy or invest to other things.

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