Business Finance

The Institute of Company Secretaries of India (ICSI) stands as a pivotal institution in the realm of corporate governance within the country. Established under the Company Secretaries Act of 1980,

Inventory turnover is a vital financial metric that reflects how efficiently a company manages its inventory levels by indicating the number of times it sells and replaces its stock over a defined period.

The EIN functions as a unique identifier for a business entity, akin to a Social Security number for individuals. This distinction is particularly beneficial for businesses with common or similar names, as it minimizes confusion and establishes distinct identities within tax systems and regulatory environments.

Equity represents a fundamental concept in finance, embodying ownership claims in an asset or business. At its core, equity can be understood as the difference between the value of an entity’s assets and its liabilities.