Difference Between NOPAT and Net Income

Difference Between NOPAT and Net Income

NOPAT vs Net Income   A clear understanding on the difference between NOPAT and net income is needed if you are to analyze the financial statements, especially the income statements, to study the performance of a business. The main aim of running a business is making a profit. In order to make a profit, the […]

Difference Between Cash Flow Statement and Cash Flow Projection

Difference Between Cash Flow Statement and Cash Flow Projection

Cash Flow Statement vs Cash Flow Projection   Those who are learning to understand different financial statements, must learn to understand the difference between cash flow statement and cash flow projection too as they provide two different views of the financial health of an organization. Businesses prepare a number of financial statements including income statements, […]

Difference Between Buyer’s Market and Seller’s Market

Difference Between Buyer's Market and Seller's Market

Buyer’s Market vs Seller’s Market   As buyer’s markets and seller’s markets are terms that we often hear when referring to the real estate market, knowing the difference between buyer’s market and seller’s market is nothing but helpful. Markets undergo business cycles in which conditions such as interest rate fluctuations, inflation, economic growth, employment, etc. […]

Difference Between Organizational Culture and Climate

Difference Between Organizational Culture and Climate

Organizational Culture vs Climate   Difference between organizational culture and organizational climate is that the culture is about the norms, values and behaviour adopted by the employees within the organization while the climate is about the atmosphere of the organization that is created based on the culture. Organizational culture and climate differ from one organization to another. This […]

Difference Between Industrial Relations and Human Resource Management

Difference Between Industrial Relations and Human Resource Management

Industrial Relations vs Human Resource Management   Difference between industrial relations and human resource management is that industrial relations is about establishing relationships among the stakeholders while human resource management is about managing the human resource in an organization. This article analyses these two concepts and the difference between industrial relations and human resource management […]

Difference Between Benchmark and Baseline

Difference Between Benchmark and Baseline

Benchmark vs Baseline   Difference between benchmark and baseline is that benchmark is comparing the performance of a company with the best practices in the industry; baseline is setting up a framework before any project starts, that can be used as a basis for implementation. Both these techniques are performance measuring tools. This article analyses these two […]

Difference Between Onboarding and Orientation

Difference Between Orientation and On Boarding

Onboarding vs Orientation   Difference between onboarding and orientation is that onboarding is the process of integrating new employees to the company while orientation is the process of introducing a new employee to the job. These two concepts are related to recruitment that is a main function of human resource management. This article presents to you […]

Difference Between Bank Owned and Foreclosure

Difference Between Foreclosures and Bank Owned

Bank Owned vs Foreclosure   Foreclosed homes and bank owned homes (or REO) are terms used often in the Property market and an understanding on the difference between bank owned and foreclosure is important for those dealing with buying and selling properties. Foreclosure and bank owned homes are homes that have been repossessed by a bank […]

Difference Between Accruals and Prepayments

Difference Between Accruals and Prepayments

Accruals vs Prepayments   Both accruals and prepayments are equally important in accounting, and therefore, clear understanding on the key difference between accruals and prepayments is important for an accountant to ensure that they are accurately recorded. Accruals and prepayments are known as adjusting entries in the study of accounting. Both accruals and prepayments are important […]