Definition of budget (business): A long term financial plan which shows how a company plans to achieve its objectives. A summary of the income and expenditure a company will spend …
Balance Sheet – Definition
Definition of the balance sheet: The balance sheet is a key report in the financial statements of a company. In a tabular format, the balance sheet sets out the assets …
Asset – Definition
Definition of asset: An asset is a contractual right to a future economic benefit. Informally, it can also refer to anything or anyone of value. What does asset mean? Said …