Razorpay

JUNE 10, 2023

Accounting is the process of recording a business’s financial transactions. It offers insight into the finances of a business. Every single financial transaction made for or by the company is recorded in various books of accounts, starting with the Journal. What is Accounting?

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Peak Frameworks

SEPTEMBER 12, 2023

White-collar crime , a term popularized in the last century, remains one of the most pressing concerns in the world of finance. White-collar crime refers to financially motivated, non-violent crimes committed by individuals, typically in business and government. One of the most infamous examples of this is the Enron scandal.

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Wall Street Mojo

JANUARY 15, 2024

Article Link to be Hyperlinked For eg: Source: Accounting Information System (AIS) (wallstreetmojo.com) In simple words, it is a system to collect and store all information related to financial transactions and events so that they can be retrieved for decision making by the internal management, accounts, CFOs, auditors, etc.

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Lake Country Advisors

OCTOBER 17, 2024

Proper preparation involves organizing your finances, optimizing operations, and presenting your business in the best possible light to attract potential buyers. The size and complexity of the company, industry trends, and buyer financing are among the most significant.

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Razorpay

AUGUST 7, 2024

Features such as user onboarding, balance inquiries, financial transactions, and complaint resolution can all be managed through voice commands. Governed by configurable risk rules, currently, one debit and ten credit transactions are permitted offline. The upper limit for a UPI LITE X transaction is Rs.500,

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The TRADE

APRIL 30, 2024

It mandates increased pre- and post-trade transparency for a wide range of asset classes, including equities, fixed income, derivatives, and structured finance products. On 30 June 2023, Livor was replaced by the Secured Overnight Financing Rate (SOFR).

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Razorpay

DECEMBER 20, 2023

Streamlined finances: No need to remember due dates. They offer anonymity but are subject to price volatility and government regulations. Global accessibility: Can be used for international transactions. Regulatory uncertainty: Government regulations vary. These digital or virtual currencies use cryptography for security.

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Razorpay

JULY 11, 2023

Current accounts are just as liquid as regular savings deposit accounts but do not earn as much interest, since the main purpose of a current account is to facilitate convenient transactions, and not earn interest income. Current Account for Startups Startups have very specific financial needs that banks must anticipate.

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Wall Street Mojo

JANUARY 16, 2024

Preparing reconciliation statements is a significant task for any company as it helps them manage the business finances well. When there is a discrepancy in the statements, they get to know where the issue lies and treat them accordingly, thereby helping them know their exact financial position.

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Razorpay

AUGUST 6, 2024

Tax Bills: Government-issued statements for property taxes or other levies. Bills are essential documents in financial transactions, serving as a record of goods or services purchased, the amount owed, and the agreed-upon payment terms. Medical Bills: Statements of charges for healthcare services and treatments.

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Wall Street Mojo

JANUARY 17, 2024

CDS helps the buyer to eliminate the possibility of loss or risk in the financial transactions, thus providing them encouragement to invest further. The government may not take any action against the seller in case the default occurs. Risks Some of the common risks related to the concept are detailed below.

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