Accounting vs Finance is a common search query. This article defines the two functions and explains the differences between them, and how both functions are interconnected and dependent on each other to better an organisation's future. What is Finance? …
What is an NFT? An NFT or Non-Fungible Token is a unique, Ethereum based (a Cryptocurrency) digital asset that is non-interchangeable, meaning it can't be replaced with an alternative. Built on blockchain technology, it is a token that represents ownership …
What is Cost-Benefit Analysis? A Cost-Benefit analysis is a systematic method used to estimate an organisation’s strengths and weaknesses against available options, in order to make decisions that provide maximum benefits at minimal costs. A CBA estimates the rewards or …
What is Asset Management? Asset management is the governance of all entities, items and goods designated as having value, and that fall under an organisation's responsibility. It is the systematic approach to develop, operate, upgrade, maintain and dispose of assets …
What is a Cryptocurrency? Cryptocurrency is a digital asset that is used as virtual currency, mainly due to the reason that it is nearly impossible to double-spend or counterfeit, being secured by cryptography. Unlike other currencies, it does not exist …
Financial Statements are a written, formal record of an entity. Learn more about the 3 basic financial statements: Balance Sheets, Income Statements and Cash Flow Statements.
There is no fiercer debate in financial blogs than Investing in Gold, pinning the Gold Bulls versus the Gold Bears. Here we look at their respective positions on this precious metal. Investing in Gold: The Bulls The Bulls buy …
Given the status of the US dollar as the world’s main reserve currency and its use in pricing most commodities and trade transactions, a sudden spike in its value compared to other currencies can have dramatic consequences. In March 2020, …
Financial Management is one of the most challenging aspects of running a business, especially as it relates to debt management and expenses against revenue and cashflow. While there is no perfect method and each business must design a plan that …
Financial Risk Management is the process of identifying risks, analysing them and making investment decisions based on either accepting, or mitigating them. These can be quantitative or qualitative risks, and it is the job of a Finance manger to use …