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Project Evaluation and Selection: Methods and Tools

Project evaluation is the process of assessing whether an investment or project is worth pursuing. Businesses use different methods to compare costs, expected returns, and risks before making a final ...

Financial Management

Mar 6, 2025

Mohsin Yaseen

Product Cost Measurement Methods: Actual, Normal, and Standard Costing Explained

Product costing is essential for businesses to determine expenses accurately and set pricing strategies. There are three main costing methods used in managerial accounting: Actual Costing, Normal Cost...

Managerial Accounting

Feb 20, 2025

Mohsin Yaseen

Product Cost Measurement Methods: A Comprehensive Guide

Product cost measurement is a critical component of cost accounting, allowing businesses to track and allocate expenses efficiently. Understanding different cost measurement methods helps in setting p...

Managerial Accounting

Feb 20, 2025

SolBizTech

The Flow of Costs in Manufacturing: Processes, Documents, and Accounting Entries

Understanding the flow of costs through a manufacturer’s inventory accounts is essential for accurate product costing, financial reporting, and decision-making. The manufacturing cost flow includes di...

Managerial Accounting

Feb 20, 2025

Mohsin Yaseen

Understanding the Structure of a Legal Document with Example of Companies Act 2017

A legal document follows a systematic hierarchical structure to ensure clarity, enforceability, and consistency. A legal document is structured logically and hierarchically , from broad legal principl...

Corporate Law and Taxation

Feb 8, 2025

Mohsin Yaseen

Cost Classifications Explained: Direct, Indirect, Fixed, and Variable Costs in Managerial Accounting

1. Cost Classifications in Managerial Accounting I extend my sincere gratitude and acknowledgment to Dr. Farman Afzal , from the Institute of Business & Management (IB&M), UET Lahore, for his invaluab...

Managerial Accounting

Jan 30, 2025

Mohsin Yaseen

Structure of Corporate Governance in Financial Management

Corporate governance ensures that corporations are managed in a way that aligns with shareholder interests I extend my sincere gratitude and acknowledgment to Dr. Safyan Majid , from the Institute of ...

Financial Management

Jan 28, 2025

Mohsin Yaseen

Time Value of Money: Definitions, Concepts, and When to Use Each Technique

I extend my sincere gratitude and acknowledgment to Dr. Safyan Majid , from the Institute of Business & Management (IB&M), UET Lahore, for his invaluable assistance and insights in shaping this knowle...

Financial Management

Jan 28, 2025

Mohsin Yaseen

Value Creation, Agency Problem and Corporate Social Responsibilities in Financial Management

The Goal of the Firm Shareholder Wealth Maximization: The primary goal is to maximize the wealth of shareholders, measured by the market price per share of the company’s stock. Value Creation: Judging...

Financial Management

Jan 28, 2025

Mohsin Yaseen

The Role of Financial Management, Objectives and Functions

Definition: Management is planning, organizing, monitoring and controlling. Financial Management refers to the process of planning, organizing, controlling, and monitoring financial resources to achie...

Financial Management

Jan 28, 2025

Mohsin Yaseen

Understanding Economic Cycles: Patterns, Trends, and Impacts

Economic cycles, also known as business cycles, represent the natural fluctuations in economic activity over time. These cycles consist of four key phases: Boom, Recession, Slump, and Recovery. Each p...

Macro Economics

Jan 28, 2025

Mohsin Yaseen

Navigating the Economy: A Simplified Guide to Macroeconomic Indicators

Understanding economic indicators is essential for interpreting the health and direction of an economy. These indicators provide insights into trends such as growth, employment, inflation, and trade. ...

Macro Economics

Jan 24, 2025

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