Accounting Hub

Ordinary shares are shares which entitle the holders to the remaining divisible profits (and, in a liquidation, the assets) after prior in...

A share is a transferable form of property, carrying rights and obligations, by which the interest of a member of a company limited by shar...

Over-the-Counter (OTC) means the facilities provided by an exchange for the purpose of buying or selling of unlisted or delisted securiti...

Preference shares have a fixed percentage dividend before any dividend is paid to the ordinary shareholders. As with ordinary shares a pre...

A rights issue provides a way of raising new share capital by means of an offer to existing shareholders, inviting them to subscribe cash ...

Temporary working capital (TWC) is the temporary fluctuation of net working capital over and above the permanent working capital .

Sourcing finance may be done for a variety of reasons. Traditional areas of need may be for capital asset acquirement - new machinery or...

Financial management is concerned with the maintenance and creation of economic value or wealth/responsibilities and activities of financi...