Day: October 6, 2020

Working capital finance requirements for overseas trade are likely to be greater than for solely domestic trade because of transport time, administrative delays and perhaps longer credit terms (90 days from shipment or 60 days from receipt).Before considering financing methods Read More …

There are several reasons why a company may grow via FDI and become a multinational, and often in making the decision financial considerations are outweighed by strategic reasons. The common reasons quoted for FDI are listed below, but you should Read More …

The most common form of international trade remains exporting, either directly into a foreign market or indirectly using agents and distributors based in that market. There are, though, limitations on export opportunities -there may be restrictions such as tariffs and Read More …

Objectives: Introduce concepts of international trade as the basis for international finance Set out the basic theories underpinning international trade Highlight the elements that constitute international financial environment We introduce the concept of international finance by first looking at the Read More …

Contract costing is a costing technique which is applied in accumulating the cost of large scale jobs. It is also called terminal costing. Characteristics of Contract Costing – There is a high proportion of direct cost since almost all the Read More …

This topic discusses the identification, measurement, and disposition of intangible assets. These assets provide the entity that owns them with some kind of preferred position because of certain rights or special privileges they are allowed. Intangible assets are valued at Read More …

This is a statement prepared to reconcile the adjusted cashbook balance and the bank statement balance. A bank account is maintained in the business to record all the cheque receipts and payments, cash deposits and withdrawals. On the other hand Read More …