Knowthys

Finance

Everything You Need to Know About Velocity Banking

Everything You Need to Know About Velocity Banking Do you want to know how to make more money with your current income? If so, you need to learn about velocity banking. It is a method of financial organization that can…

FINANCIAL WISDOM BEHIND PROHIBITION OF INTEREST

It must be kept in mind that it is not only Islam that prohibits interest but all revealed divine religions and famous societal thinkers condemned the charging of interest. All Divine Religions Abhor Riba The reasons why all divine religions,…

List of Directors Bank Letter

List of Directors/Partners Bank Letter must be printed on Company LetterHead and Stamped and signed by all Directors/Partners of the Company. This letter can be used for Private Limited Company, Partnership, & Sole Prioperitorship with the little amendments in the…

Company Bank Account Opening Request Letter

Company Bank Account Opening Request Letter must be printed on Company LetterHead and Stamped and signed by all Directors/Partners of the Company/Partnership. This letter can be used for Private Limited Company, Partnership, & Sole Prioperitorship with the little amendments in…

Bank Signing Authority Company Letter

Bank Account Signing Authority Company Letter must be printed on Company LetterHead and Stamped and signed by all Directors of the Company. This letter can be used for Private Limited Company, Partnership, & Sole Prioperitorship with the little amendments in…

Treatment of Financial Assets

Treatment of Financial Assets in accordance with US GAAP and IFRS Standards A liquid asset that’s value acquires from an ownership claim or contractual right is called financial asset. For example: Cash Stocks Bonds Mutual Funds Bank Deposits It is…

Analyze Financial Statements

How would you Analyze the Financial Statements of a firm? Explain each step thoroughly: To make better economic decisions, the process to review and analyze financial statements of any company is called financial statement analysis or financial analysis. Financial statement…

The Investment Decision Process Top-Down, Three-Step Approach

How to Proceed Investment Decision Process: The investment decision process mainly depends upon fundamental analysis where lot of information shall be collected about the past performance of the economy, industries, and companies to forecast future performance of economy, industries, and…

Portfolio Management by Harry Markowitz Summary

Introduction Portfolio Management Process: The article “Portfolio Selection” is the findings of work experience of Harry Markowitz. On august 24, 1927, Harry Markowitz was born in Chicago. The findings depends depend upon the assumptions that discount rates and the anticipated…

Agency Costs

Managerial Behavior, Agency Costs, and Ownership Structure Theory of the Firm by Jensen and Meckling (1976) The Objective of the Article The purpose of the article is to “drive theory of ownership structure for the firm” drawing on: Property Rights…