Debt/Equity Ratio Narrative Essay
It is a ratio that is used to determine the borrowing rate of a company. If the liabilities exceed the capital employed of a company this means that the creditors are more than the shareholders and th...
Explain the purpose of keeping accurate financial records
Controlling and planning the activities of a business such as SPA Ltd is a critical concept of a business succeeding internally and externally. The financial situation of any business such as SPA Ltd ...
Financial Information for Internal and External Users
There are two categories of accounts, commonly known as financial accounting and management accounting. Financial accounting is normally aimed for external users like shareholders and banks. While man...
Off balance sheet finance can be describes as a way of accounting items in the financial statements where assets, debts and other financing activities are found to be excluded from the balance sheet. ...
Off-balance sheet financing refers to the activities that bring funds to the business but are not recorded in the company’s balance sheet. Companies usually do this so that they can keep their debts...