Accountancy

RATIO ANALYSIS: Meaning, Definition, Importance/Advantages and Limitations/Disadvantages

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In this article we will discuss about RATIO ANALYSIS: Meaning, Definition, Importance/Advantages and Limitations/Disadvantages. RATIO ANALYSIS Ratio analysis refers to an analytical process in which the financial statements are analyzed. Ratio analysis helps to compare between current performances with previous. It compares the company performance with its other competitors. It is widely used as a […]

Accountancy

Concept of Depreciation: Meaning, Definition, Features, Needs orobjectives and its Causes

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In this article we will discuss about Concept of Depreciation Meaning Definition Features Needs or objectives and its Causes. Meaning of Depreciation The word Depreciation means decrease in the value of fixed assets from its actual value. According to Accounting standards of Indian charted Accountant of India (ICAI) deprecation is a restricted to decline the […]