Digital Finance Revolution: FinTech, UPI, and JAM Trinity

Posted by on May 24, 2026 in Financial and Accounting Management | 0 comments

FinTech and Financial Technologies Cheat Sheet

Introduction to Financial Market Technologies

Financial markets use advanced technologies to improve speed, efficiency, transparency, and security in trading and investment.

Key Technologies:

  • Electronic Trading Systems: Automated stock exchange trading
  • Algorithmic Trading: Computer programs execute trades automatically
  • Artificial Intelligence (AI): Market prediction, fraud detection, and chatbots
  • Blockchain Technology: Secure decentralized ledger for transactions
  • Big
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PPE, Inventory, and GAAP Accounting Principles

Posted by on May 22, 2026 in Financial and Accounting Management | 0 comments

Chapter 10: Property, Plant, and Equipment (PPE)

Tangible Assets: Depreciated vs. Non-Depreciated

Tangible Assets (Depreciated): Buildings, equipment, machinery, furniture, autos, trucks, land improvements, and natural resources (subject to depletion).

Tangible Assets (NOT Depreciated): Land (never depreciated), Construction in Progress (CIP), and assets held for sale.

Capitalizing Tangible Asset Costs

Equipment Capitalization: Purchase price + sales tax + freight + shipping insurance + installation

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ACC 202 Final Exam Study Notes: Accounting Principles

Posted by on May 14, 2026 in Financial and Accounting Management | 0 comments

Core Accounting Principles

  • Match the method to the data given:
    • Units given → Units-of-production
    • Time given → Straight-line
  • Always update depreciation BEFORE disposal.
  • Watch time carefully: (months vs. years vs. 360 days).
  • Accrual vs. Cash: Expenses are recorded when incurred, not paid.
  • Normal balances: Essential for every journal entry.

Chapter 10: Assets

Asset Classification

  • Tangible: Depreciation
  • Natural Resources: Depletion
  • Intangible: Amortization

Cost of Asset (Highly Tested)

Include: Purchase price,

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Cheat Sheet

Posted by on May 13, 2026 in Financial and Accounting Management | 0 comments

CHAPTER 10 — Plant Assets, Natural Resources, Intangibles

Asset Classification

Depreciated (Tangible)


• Buildings • Equipment • Machinery • Vehicles

Depleted (Natural Resources)


• Timber • Oil • Minerals

Amortized (Intangible)


• Patents • Copyrights • Franchises • Trademarks (limited life)

Cost of Assets

Total Cost = all expenditures to get asset ready for use


Includes: purchase price, taxes, shipping, installation, testing, legal fees.

Depreciation Methods

Straight‑Line •

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Financial Accounting and Statement Analysis Formulas

Posted by on Apr 21, 2026 in Financial and Accounting Management | 0 comments

Liquidity

Current Ratio = Current Assets ÷ Current Liabilities
Quick Ratio = (Cash + A/R + Short-term Investments) ÷ Current Liabilities
Working Capital = Current Assets − Current Liabilities

  • High Working Capital: Strong ability to pay short-term debts
  • Low Working Capital: Higher liquidity risk
  • Impacts operating cash flows on the Statement of Cash Flows

Contingent Liabilities (Warranties)

Record liability and expense if both criteria are met:

  1. Probable future loss
  2. Amount can be reasonably estimated

Bonds

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Non-Profit and Governmental Accounting Essentials

Posted by on Mar 10, 2026 in Financial and Accounting Management | 0 comments

F6: NFP & Governmental Accounting

NFP Financial Statements

NFP Financial StatementsNFP Cash Flows
  • Statement of Financial Position (Balance Sheet): Assets – Liabilities = Net Assets
  • Statement of Activities (Income Statement)
  • Statement of Cash Flows

Net Assets Classification:

  1. Without Donor Restriction: Available for general use. Board-designated funds are considered internal and are not donor-restricted.
  2. With Donor Restriction: Restricted by purpose or time.
  3. Temporary in Nature: Restriction expected to
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