Explained: Choosing Superannuation Investment Options
Explained: Choosing investment options inside Super is scary, confusing and important all in one. This video explains all the questions about Superannuation investment strategies.
The Only Reason To Learn About Finance
Remember this one lesson and you’ll get an A+ from Rask Finance.
The Four Financial Statements Explained
In finance and accounting, there are four financial statements which are vitally important to understanding how a business runs and how it is performing.
What Does EPS Mean And How Do I Calculate It?
EPS stands for earnings per share in investing. Since “earnings” is another word for “profit”, think of it like “profit per share”.
What Does The Fiscal And Financial Year (FY) Mean?
In finance, FY means the financial year or fiscal year. They are the same thing but “fiscal year” is more commonly used outside of Australia.
What Is A Capital Raising and Entitlement Offer?
A capital raising on the share market typically means a company is selling more shares to existing or new investors. This often takes the form of a pro-rata entitlement offer, SPP or institutional offer.
What Is A Mortgage Offset Account?
If you’re a homeowner, first home buyer, or even an investor, consider talking to your bank about activating an “offset account”.
The Difference Between Cash And Accrual Accounting
While cash accounting might “make more sense” for a very small business or one that is just starting out, once the business starts to grow an accountant can help you take care of the rules under accrual accounting — and may even help you minimise your tax bill!
Earnings Defined And What Is The Difference Between Profit, Earnings And Revenue?
Earnings is another word for profit, but what makes it confusing is how people use it. Typically, revenue is the same thing as “sales” or the “top line”. They all appear at the top of the income statement.
What is Depreciation & Amortisation?
What is depreciation and amortisation? How is depreciation different to amortisation, and what does accelerated depreciation mean?
What is Revenue?
Revenue is what you sell. It is the money that you get for selling a product (e.g. books) or services (e.g. hairdressing).
What is Return on Equity (ROE)?
Return on Equity or ROE is a financial measure which tells you how much profit is being generated for every dollar investors have contributed.