We all have heard about insurance a lot more in recent times than ever before. Are you aware of what exactly is insurance and the idea behind it? What mainly governs any insurance policies? Let us take you through the 7 principles of insurance.
[Read more…]Black Scholes Model Explained
The Black Scholes model is one of the significant concepts in the modern financial world. It is a very well known options pricing model. The model is basically used in calculating the fair price of a call or put option while ignoring any dividends which may be paid during the life the option.
[Read more…]What is Accounting with Example | Objectives of Accounting
Accounting is the method of systematically capturing a financial transaction so that a business can understand where do they stand financially. It helps them realise how financially sound they are, how much they owe, how much they are owed, how much they have which they can invest in themselves, etc.
[Read more…]