After the latest financial crisis in 2008-09 which led the whole world into recession, the Basel Committee on Banking Supervision (BCBS) has started working on the Basel II norms to strengthen the financial regulations and supervisory process to protect the financial system from another financial crisis. It also aims to improve the banking minimum capital […]Continue Reading... No Comments.
The Balance Sheet contains the financial condition of a firm at a particular point of time. Here, the term ‘at a particular time’ is very important for its definition as it does not specify the condition over a period of time. If anyone wants to look at the financial condition at a particular time, he […]Continue Reading... No Comments.
Discounted method is used to calculate the present value of any future cash flows. The cost of capital at which the company borrows money determines the discount rate of return to calculate the discounted value of any cash flow. The discount rate used is equal to the working average cost of capital (WACC) or the […]Continue Reading... No Comments.