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Junior Finance

on May 18, 2021

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Formation of Company

on May 09, 2020

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Company Formation - Know the basic information of Company.

Happy Learning !!!

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Hello Folks, Source : www.imagesbazaar.com I am your friend and owner of this blog CMA Vipin (Cost Accountant). After working 5 years in the share market, teaching students of MBA, BBA and Schools for more than 4 years and working with the big companies, startups and audit firms for more than 8 years, there is a great learning which I think is useful when spread with the one who are needy and interested to learn and grow. One can start learning new things in the life at any time, age is just a number. There is no bottleneck nowadays between you and your passion provided you should know the right sources for learning. One more thing, you might find difficulty in the technicality of subject matters. In other words, knowledge is more technical though it is very simple rather it shall be easy and lite to understand. I will be dedicated to share miscellaneous feeds on this blog related to Smart Investing, Accounting Secrets, Financial Learning for Kids, Financial Learni

What is Accounting ?

Let us understand the meaning of Accounting but before that we should understand below terms- Entity – An entity is a status which could be Individual, Proprietor, Firm, Partnership, Company, Joint Venture, Associate, HUF (Hindu Undivided Family) or any legal person who can act. Transaction – In general, it is same as buying or selling of anything. In Accounting, transaction means a business event, any exchange of goods or services or money with or without monetary consideration. In Simple word, Transactions are the event which changes the accounting equation during a period. Now we understand that any entity can do transactions with consideration or without consideration (but can be measured in terms of money). We can now better understand the meaning of Accounting – Definition of Accounting - “Accounting is the art of Recording , Classifying and Summarizing in a significant manner and in terms of money , transactions and events, which are, in part at l

Junior Finance

Your little one deserves the understanding and Importance of Saving. Being a parent, you should teach your child the importance of money and saving. It will build a habit of saving money and helps in teaching your child the great power of investing money. You might think that my child is too small to learn all this concepts or there is enough time for him/her to involve with the money. Actually, it is very good for them to understand the value of money and investment at the childhood age as it have few benefits for them, like Importance of saving money, benefits of investing, planning the surplus money or pocket money to manage efficiently. Children are capable to understand the value of money and finds it interesting to save the money. Kids enjoy to take it as a fun or game using piggy banks, saving money received from elders and relatives in the Bank Accounts, Investing them and planning their futures. There are two things - Age does not matter while introducing your child with mon

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