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Changes in equity statement examples with template download
A Statement of Change in Equity is a financial statement that shows the changes in the share owner’s equity over a specific accounting period. These changes may be the result
Cash flow statement examples with template download
Statement of cash flows. This report reveals the cash inflows and outflows experienced by an organisation during the reporting period. These cash flows are broken down into three classifications, which are
Capital investment – the most important corporate finance task
The whole purpose of owning a business is for it to survive, grow and function for the long term. And when it comes to capital investment it refers to funds invested in
How to make smart financial decisions
Making smart financial decisions should be a priority for anyone interested in building wealth and becoming financially independent. Taking certain directed steps can make this easier. Having the belief that you are able to achieve your financial
Who is responsible for payroll?
Payroll is a system used to calculate the amount of money that businesses should pay its employees. This is also the department that ensures that amounts are accurate and that they are paid on
Tips on what to avoid when saving money
The ultimate goal of saving should be the achievement of financial independence, which is why it’s vital to prioritise your financial goals. There are a few things you need to avoid
When is it best for one to start saving?
It’s never too early to start saving. By making a habit of saving from a young age, you have a better chance of saving more money in the long-term. You need
5 practical money saving skills
Saving is imperative for building wealth in the long-run. Establish ways to do it regularly and as early as possible. Developing practical money saving skills is a key part of the process. Open more than one saving account
A guide to your credit report
Simone is a young person who has just landed her first well-paying job. She wants to buy herself a car and is curious about what it takes to qualify. She has
