How Is NBFC Different From a Bank?

NBCFs and Banks both act as financial intermediaries and offer fairly similar services. But, there are many points of difference. There are...

Basics of Revenue Recognition Audits

Revenue Recognition accounting is a process that depicts how sales transactions are recorded by a company in financial statements. While re...

Central Banks, Financial System and the Creation of Money (and Deficit)

In the market economy, the financial system gives money from the positive savers (i.e. depositors) to the negative savers (i.e. people with...

Understanding the Importance of Residual Income

This article is aimed at explaining the importance of building residual income and also to explain the need for individuals to leverage net...

An Overview of Initial Coin Offering (ICO)

ICO is a means of raising funds in unregulated means for different cryptocurrency ventures. It is something that startups use so as to bypa...

Planning For Emergency Financial Situations

Emergency financial situations can happen to anybody and any financial arrangement exercise is not ideal without planning for such occasion...

Top Financial Tips for Millennials

Are you a millennial who feels overwhelmed trying to manage your finances? Are you getting the most out of your money? Financial literacy i...