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? 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.
