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Financial statements & analysis

  Financial statements & analysis Financial statements are written records that convey the business activities and the financial performance of a company.  The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential. The three major financial statement reports are the  Balance sheet Income statement Cash flow statement Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing, or investing purposes. Sources of financial information to effectively evaluate the financial performance of the business requires financial information from three sources: a balance sheet, an income statement and a cash flow statement.  Balance Sheet   A balance sheet is a statement of assets, liabilities and capital of a business or an organisation at a particular point in time, detailing the balance of income and expenditure over the preceding peri

7 ways to approach anxiety and live a calmer, happier life

Here are 7 ways to approach anxiety and live a calmer, happier life: 1. Learn how to induce your body's relaxation response This involves you being able to reduce your muscle tension, slow your heart rate and blood pressure, and let your stress hormone levels drop. This can be achieved with meditation, conscious breathing, focusing on affirming statements, or listening to calming sounds like running water or birdsong. The key here is to know what you and your body respond to, so when you are in a stressful or anxious situation you can quickly and effectively bring your body back to a calm and relaxed state. 2. Intentional breathing Have you ever noticed that when you are stressed, your breathing becomes rapid and shallow? Breathing deeply will help flood your body and blood with oxygen and overcome tension. Using the 4-6-8 technique, breathe in through your nose for 4 counts, hold deeply in your lungs for 6 counts, and breathe out your mouth for 8 counts. You will literally feel yo

Financial statements & analysis

  Financial statements & analysis Financial statements are written records that convey the business activities and the financial performance of a company.  The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential. The three major financial statement reports are the  Balance sheet Income statement Cash flow statement Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing, or investing purposes. Sources of financial information To effectively evaluate the financial performance of the business requires financial information from three sources: a balance sheet, an income statement and a cash flow statement.  Balance Sheet   A balance sheet is a statement of assets, liabilities, and capital of a business or an organization at a particular point in time, detailing the balance of income and expenditure over the preceding per

Difference between Vouching , Verification and Valuation

  Difference between Vouching , Verification and Valuation  Vouching Verification Valuation Meaning Vouching is a process of comparing the entries in the books of accounts with the bonafide vouchers Verification is a process which proves the existence, ownership and title to the assets Valuation is a process which certifies the correct value of the assets and liabilities at the date of balance sheet. Subject Matter Vouching is made of the entries recorded in the books of original entry and their posting in the ledger Verification on the other hand is made of assets and liabilities appearing in the balance sheet at the end of the year Valuation is also made of assets and liabilities appearing in the balance sheet at the end of the year By whom Vouching is done by the senior auditor and audit clerks. Verification on the other hand is done by the auditor himself or his associates Verification on the other hand is done by the auditor himself or his associates When Vouching is done after th

International plastic bag free day - 2021

 Started by Zero Waste Europe, International plastic bag Free Day is determined globally on three July. the aim of perceptive these days is to boost awareness against the utilization of this usually non-biodegradable material that causes damage to the environment. The organisation aims to eliminate single-use plastics from our daily use. consistent with Zero Waste Europe, (ZWE) it absolutely was found that as several as ninety-two % of the overall ninety five.5 billion carrier luggage in 2010 were single-use within the EU. The International plastic bag Free Day is determined on July three annually. The day is determined to boost awareness concerning the grave problems with plastic pollution and therefore the serious threat that it poses to the natural surroundings starting from land to marine life. As plastic luggage takes around 100-500 years to decomposes, it creates land pollution because it is drop in landfills and proves venturous to the fauna if gets washed into oceans. So, it be