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Finance Fundamentals (4): Basic Accounting Concepts
Introduction Accounting is a function in which business transactions are recorded and presented in the form of financial statements. The three main financial statements are […]
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Finance Fundamentals (3): Understanding Business Structures
Introduction When an individual or group of individuals decides to start a business, they must decide on what type of organization they will do business […]
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Finance Fundamentals (2): Understanding the Discount Rate, Net Present Value, and Internal Rate of Return
Introduction In the previous post, we covered the time value of money (TVM) concept. In this post, we will look at how the TVM concept […]
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Finance Fundamentals (1): Understanding the Time Value of Money
Introduction All investment decisions involve trading a current sum of money for an expected future sum. The time value of money (TVM) is a core […]