Difference Between Hard Work and Smart Work

Difference Between Hard Work and Smart Work

Hard Work vs Smart Work   As work plays a significant role in human life, let us see what is hard work, what is smart work, and what, in fact, is the difference between hard work and smart work. While some of us tend to enjoy the work that we engage in, some of us […]

Difference Between Breakeven Point and Margin of Safety

Difference Between Breakeven Point and Margin of Safety

Breakeven Point vs Margin of Safety   Difference between breakeven point and margin of safety is a necessary knowledge to have as Breakeven Point (BEP) and Margin of Safety (MOS) are two concepts that carry a significant importance in decision making under cost accounting. Both of these concepts deal with costs, sales volumes, selling prices […]

Difference Between Absorption Costing and Variable Costing

Difference Between Absorption Costing and Variable Costing

Absorption Costing vs Variable Costing   Knowledge about the difference between absorption costing and variable costing is a must to do the product costing. Actually, success of a manufacturing business mainly depends on the way that the products are cost. There are different types of costs involved in a manufacturing environment. Particularly, the costs can be […]

Difference Between Coupon Rate and Interest Rate

Difference Between Coupon Rate and Interest Rate

Coupon Rate vs Interest Rate   Coupon Rate and Interest Rate are two financial terms used by investors, particularly in purchasing and managing investments which make it necessary to know the difference between coupon rate and interest rate. Sometimes people use these two terms interchangeably, but the area and the situation of its use are […]

Difference Between Shares and Securities

Difference Between Shares and Securities

Shares vs Securities   Difference between shares and securities is very important to know when it comes to investing. Individuals and corporate entities used to invest their money in various investment tools with the purpose of earning a yield or a return after a particular period. Securities and shares are two terms that have an […]

Difference Between Investment Management and Wealth Management

Difference Between Investment Management and Wealth Management

Investment Management vs Wealth Management   The key difference between investment management and wealth management is that investment Management is a generic term for professional asset management, especially for securities including shares and bonds, whereas wealth management is a broad area that involves investment management as a part of it. Investment Management basically deals with buying and […]

Difference Between Income Statement and Cash Flow Statement

Difference Between Income Statement and Cash Flow Statement

Income Statement vs Cash Flow Statement   The key difference between income statement and cash flow statement is the basis that is used to prepare these statements; for the income statement it is the accrual basis whereas for cash flow concept it is mere cash basis. Income statement and cash flow statement are two types of […]

Difference Between Present Value and Future Value

Difference Between Present Value and Future Value

Present Value vs Future Value   Knowing the difference between present value and future value is very important for investors as present value and future value are two interdependent concepts that provide an utter help for the potential investors to make effective investment decisions; particularly for loans, mortgages, bonds, perpetuity, etc. By investing in an […]

Difference Between Statement of Affairs and Balance Sheet

Difference Between Statement of Affairs and Balance Sheet

Statement of Affairs vs Balance Sheet   The key difference between Balance Sheet and Statement of Affairs is that the balance sheet is one among the financial statements, which presents the financial position of a particular business to a given date while, in contrast, statement of affairs summarizes the assets and liabilities of a particular […]