door Kiran Aswani | jun 8, 2023
I was out shopping for some cupboards … just two extra ones, in exactly the same color, size and style as the ones I currently have. So I went back to the same shop where I went to some seven years back to purchase the original ones. Of course, the guy had my record...
door Kiran Aswani | mei 10, 2023
One of the topics we are covering now is cost of fixed assets. It is called depreciation. You can depreciate an asset, over its useful life (cause nothing and no one is immortal), by a fixed amount per period or by a percentage or by a factor. We call these...
door Kiran Aswani | apr 20, 2023
As I head towards the start of teaching management accounting next week, where I will cover costs extensively in the module, I started thinking about what it means for something to be a cost to me. Like the managers sitting in companies, breaking down and analysing...
door Kiran Aswani | apr 4, 2023
The balance sheet can be broadly divided into five categories. These are the long-term (or non-current or fixed) assets; short-term (or current) assets; long-term (or non-current) liabilities; short-term (or current) liabilities; and equity. The formula is always the...
door Kiran Aswani | mrt 14, 2023
A favorite topic among students is time value of money … not! But everyone loves money. What it can buy. What it allows you to do. The (temporary) happiness that it brings. But no one likes the formulas for time value of money, let alone the calculations, let alone...
