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Cost accounting is a branch of accounting that focuses on analyzing and controlling costs within a business.
It involves tracking and recording all costs associated with producing a product or providing a service.
Cost accountants analyze cost behavior, cost-volume-profit relationships, and cost variances.
It helps management make informed decisions about pricing, budgeting, and resource allocation.
Examples include determ...
Golden rules of Accounting are basic principles that guide the recording of financial transactions.
Debit what comes in, credit what goes out (Real Accounts)
Debit the receiver, credit the giver (Personal Accounts)
Debit all expenses and losses, credit all incomes and gains (Nominal Accounts)
BFSI stands for Banking, Financial Services, and Insurance domain which includes institutions and companies providing financial services.
BFSI domain encompasses banking, financial services, and insurance sectors
It includes institutions like banks, credit unions, insurance companies, investment funds, and stock brokerages
Professionals in BFSI domain deal with financial products, services, regulations, and risk managemen...
Investment banking involves providing financial services to corporations, governments, and other institutions, including raising capital, mergers and acquisitions, and advisory services.
Investment banking helps companies raise capital through issuing stocks and bonds
It also involves advising companies on mergers and acquisitions
Investment bankers provide financial advisory services to clients
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