21Nov

Making Money out of FOREX and IR Swaps

Arbitration in Forex

Arbitration in forex is the possibility that the profit can be made out of exchange trading on the basis of forward rate and prevailing interest rate in 2 different countries.
Profit can only be made if returns made by borrowing from one country and depositing in other country fetches more return that keeping money for conversion at a later date at forward exchange rate. Let me show you this with the help of an example: Read More »
21Nov

Mutual Funds – Practical Aspects

What are Mutual Funds?

Mutual funds are nothing but units of investment, like of shares or debentures, issued by a Mutual fund company. They are professionally managed collective investment vehicle which pools investments to purchase securities. An investor can purchase units of Mutual fund instead of directly investing in stock market and get proportional return in the form of dividend. Read More »

21Nov

Top 5 Myths related to Exams

I have seen many aspirants of CA/CWA/CS worrying about MANY things. And when I stress many I really means many. Being a professional student we have enough senses to judge whether a given statement is true or false and if we can’t judge then rather let it pass instead of making it more complex. I am listing some common myths (according to me and the best of my knowledge) which affects the working of the brain of a common student: Read More »

21Nov

XBRL Simplified

What is XBRL?

Standard definition – XBRL stands for eXtensible Business Reporting Language. It is a language for the electronic communication of business information, providing major benefits in the preparation, analysis and communication of business information.  It offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using business information.

Explanation 1 – What a company has in a non-XBRL world is a bunch of pdf files, excel and html files with it. And combining those we get monolithic information… (Means hard to analyze). Every company is filing in its own format. It will take much time to analyze those information. In XBRL world, each piece of information is assigned a particular (taxonomy) so that every company’s financial statement can look alike so it can be analyzed and can be even passed on to other company very easily. Globally it is very beneficial. Read More »

21Nov

Insider Trading – How is it done?

You may have heard some news before like ABC directors of a company are charged with offense of Insider trading. What basically is insider trading? Insider trading as the name says trading the “inside”. In other words, the leaking of price sensitive information by someone who has access to the private and material information of the company. Insiders include, but not limited to, CEO, Director and Key Employees of the company. It will affect the company as leaking of companies result will fluctuate the share price. Let me explain this with an example” Read More »
© Copyright 2016, All Rights Reserved