Cash and cash equivalents- cash comprises cash in hand and demand deposits with banks, cash equivalents means short-term investments
Finance and Accounting
Finance and accounting category aims to provide a complete source of finance, accounting knowledge and updates. This includes the fundamentals, advanced resources, cost accounting, final accounts, financial statements, cash flow statements, management accounting, financial analysis etc. All those resources and knowledge that come under finance will be discussed here. Essentially, the category represents money management and the process of acquiring needed funds. Finance also encompasses the oversight, creation, and study of money, banking, credit, investments, assets, and liabilities that make up financial systems. Many of the basic concepts in finance originate from microeconomic and macroeconomic theories. One of the most fundamental theories is the time value of money, which states that a dollar today is worth more than a dollar in the future. Finance encompasses banking, leverage or debt, credit, capital markets, money, investments, and the creation and oversight of financial systems. Basic financial concepts are based on microeconomic and macroeconomic theories. The finance field includes three main subcategories: personal finance, corporate finance, and public (government) finance. Consumers and businesses use financial services to acquire financial goods and achieve financial goals. There are many different career paths and jobs that perform a wide range of finance activities.