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Understanding Recourse Structures in Bank Guarantees
access_time 2024-08-28T10:12:21.736Z face CA N Raja
Understanding Recourse Structures in Bank Guarantees - A Discussion Vinu: Hey Manu, I was reading about bank guarantees and came across the term “recourse structure.” Can you explain what that is? Manu: Sure, Vinu. A recourse structure in a bank guarantee means that if the principal, the person or c...
Exploring Different Types of Bill Discounting
access_time 2024-08-27T10:27:04.398Z face CA N Raja
Exploring Different Types of Bill Discounting Vinu: Hey Manu, I’ve heard about bill discounting as a way to manage cash flow, but I’m not sure about the different types. Can you explain the types of bill discounting to me? Manu: Sure, Vinu! Bill discounting is a financial arrangement where a busines...
Understanding Bill Discounting: A Conversational Guide to Accounting and Risks
access_time 2024-06-21T08:55:02.073Z face CA N Raja
Understanding Bill Discounting: A Conversational Guide to Accounting and Risks Vinu: Manu, this bill discounting sounds interesting, but the accounting side confuses me. Can you explain it with rupees? Manu: Sure, Vinu. Imagine our company has a ₹10,000 bill of exchange due in 60 days from a client....
Mastering Financial Tracking in Interior Design
access_time 2024-06-13T09:55:38.695Z face CA N Raja
Mastering Financial Tracking in Interior Design: Understanding the Percentage of Completion Method Vinu: Hey Manu, I'm working on a big interior design project and trying to figure out how to account for it financially. I heard about this percentage of completion method, but I'm not sure how it appl...
Hypothecation
access_time 2023-07-09T04:24:09.72Z face CA N Raja
Exploring Hypothecation A Conversational Journey Introduction: Welcome to our conversation on hypothecation! Join Manu, the knowledgeable expert, and Vinu, the curious professional, as we dive into the intricacies of this financial concept. Hypothecation, using assets as collateral for loans, has be...
