Depreciation shows how the value of assets decreases over time due to use, wear, and obsolescence.
This complete guide explains what depreciation means, the main methods of depreciation, and simple examples to help you understand how businesses record asset value.

Final accounts show whether a business is profitable and financially stable.
This article explains the basics of final accounts, covering the trading account and profit & loss account, and how they help measure business performance.

Every accounting record begins with a business transaction.
This article explains business transactions using clear examples, helping you understand how sales, purchases, loans, and investments are recorded in accounting.

Accounting is the language of business—it turns numbers into meaningful insights.
This article explains what accounting is, along with its key objectives and functions in tracking, analyzing, and communicating financial information.

A credit score is a numerical summary of a person’s credit behaviour, reflecting how responsibly they borrow and repay money.
It influences loan approvals, interest rates, and overall financial credibility in the formal banking system.

Have you ever lent money to a friend who promised to pay you back but never did? That uncomfortable feeling you got when you realized your money wasn’t coming back is exactly what businesses experience with bad debts.