The Only Reason To Learn About Finance
Remember this one lesson and you’ll get an A+ from Rask Finance.
Different Types of Car Insurance
Broadly speaking there are four different types of car insurance in Australia: CTP, third-party property, third-party fire and theft, and comprehensive.
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 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 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”.
What Are ‘Growth’ And ‘Defensive’ Assets And Investments?
Defined: ‘Growth’ And ‘Defensive’ Assets And Investments. Generally speaking, growth assets are higher risk and higher reward investments. Defensive assets are lower-risk lower-reward.
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!
What’s Your Number?
Instead of getting overwhelmed about financial milestones and goals, use a trick from weight loss experts and think in terms of systems.
What is a bond?
In finance, a bond is a contract between a business which needs money (e.g. to fund their growth) and an investor who wants to receive an income stream plus their cash back in time.
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.
When and Why Do Companies ‘Go Public’?
When and why do companies go public or launch an IPO?
How do Share Broking Accounts Work?
Think of share broking accounts as the lovechild of an auction site like Ebay and your online or internet banking.