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What else can I help you with?
Financial rating insurance company?
Financial ratings for insurance companies is like credit ratings for consumers. Financial ratings let consumers know whether an insurance companies pays their policies.
May I please have an explanation of financial forecasting?
A financial forecaster is a person whose job it is to forecast the financial future of company, country or other institution. This person uses prior financial data to determine probable financial outcome. Financial forecasting is used to estimate whether or not the institution will profit financially.
What do you mean by bank solvency certificate?
The ability of a corporation to meet its committed expenses is called solvency. In finance or business, solvency is the ability of an entity to pay its contractual liability. Solvency can also be described as the ability of a corporation to meet its long-term fixed expenses and to accomplish long-term expansion and growth. The better a company's solvency, the better it is financially. When a company is insolvent, it means that it can no longer operate and is undergoing bankruptcy. It is essential to know the financial status of a firm submitting its offer against a bid in order to know its financial ability and for that banks issues Solvency Certificate, which is based on the company's financial position and financial data available to the bank. The bank indicates in the certificate whether the bidder/ firm is capable to meet the financial liability under the bid or not.
What are costs that a company has to pay whether or not its operating?
The Company has to pay its Fixed Costs, Such as Rent and utility. These cost have to be paid regardless of whether the company is operating or not
What does an underwriter do?
In the area of insurance, an underwriter is a professional, usually employed by an insurance company, who makes determinations about whether a risk meets the criteria for insurance under a given form of policy. In other financial arenas, underwriters perform similar functions related to financial investments, such as mortgages.
Duties of an auditor in a company?
to access every activities (financial statement) of the compnay whether it is corrrect
What is the meaning of solven?
"Solvency" refers to the ability of an individual or entity to meet financial obligations and debts. It indicates whether an entity's assets exceed its liabilities, serving as an indicator of financial health and stability.
Function of Finacial Manager?
A financial manager helps create policies that will safeguard the company's money. The financial manager also analyzes whether a financial procedure is aligned with the business' strategy.
What is the purpose of underwriters in the financial business?
Underwriters in the financial business serve to evaluate financial information in order to assess whether or not a company should take certain financial risks. Underwriters are a sort of insurance for larger financial companies.
Financial rating insurance company?
Financial ratings for insurance companies is like credit ratings for consumers. Financial ratings let consumers know whether an insurance companies pays their policies.
Roles of external audit?
To check the financial statments of a company and form an opinion on whether they are free from material misstatement.
Why does a MBA course requires the need of financial mnagement?
In order for institutions to be successful, they must be organized. The areas of appropriate management and organization must include and be particular to the following areas. * Material resources * Human resources * Financial resources * Information resources Without the above, there can be little chance of stability and survivability for the organization whether it be for-profit, or non-profit.
Which type of financial ratio indicates whether or not the organization is capable of paying off its short-term debts without having to sell any of its inventory?
Current ratio
Which resources would you employ in investigating a claim company?
Resources that could be employed in investigating a claim company by responding to the claim right away and ask for witness to interview. After, you have to come to a decision and decide whether or not you need to hire a lawyer.
May I please have an explanation of financial forecasting?
A financial forecaster is a person whose job it is to forecast the financial future of company, country or other institution. This person uses prior financial data to determine probable financial outcome. Financial forecasting is used to estimate whether or not the institution will profit financially.
Which financial statement would best indicate whether the company relies on debt or stockholders' equity to finance its assets?
Balance Sheet
What do you mean by cash loss in balance sheet?
In the case of a company which has been registered for a period of not less than 5 years, whether the accumulated losses of the company at the end of the relevant financial year are not less than 50% of its net worth and whether it has incurred cash losses in that financial year and immediately preceding such financial year.Cash loss is the net loss of the company after excluding all non -cash expenditures such as depreciation , amortization etc. By CA Abhishek Agarwal.
