Master vs Maestro Master and Maestro are common names of English language but here we shall confine ourselves to these two different cards issued by a single company known as Master Card Worldwide having its headquarters in New York. Along with Visa Card, MCW is perhaps the biggest credit and debit card company in the […]
Difference Between LC and SBLC
LC vs SBLC Gone are the times when business was conducted on good faith. With more and more cases of default on payments coming to light, it has become common practice for suppliers of goods and services to ask their clients (buyers) to arrange for Letter of Credit from their banks to be sure of […]
Difference Between LC and Bank Guarantee
LC vs Bank Guarantee Letter of Credit and Bank Guarantee are two financial instruments that are very helpful to buyers and suppliers, especially when they are not too well known to each other or are just starting out on a venture. These two financial instruments are issued by banks to buyers and sellers and have […]
Difference Between Pay Order and Demand Draft
Pay Order vs Demand Draft | Banker’s Check (Cheque) vs Demand Draft What do you do when you need to transfer money in somebody else’s account? You can either issue a cheque in the name of the party or you can get a pay order or a demand draft made in the name of the […]
Difference Between GAAP and IASB
GAAP vs IASB With increase in international trade and also the size of companies operating in a number of countries, it became imperative for the world to have a uniform accounting standard applicable on all countries. This initiative was taken by International Accounting Standard Board (IASB) to set a framework of guidelines, known as GAAP, […]
Difference Between GAAP and GAAS
GAAP vs GAAS Cultural differences and evolution of different accounting principles in different parts of the world have meant that in this age of globalization, it is difficult to make a fair assessment of a company’s performance that is situated in a different country from yours. To bridge the gap between accounting principles of various […]
Difference Between Inventory and Stock
Inventory vs Stock Inventory and stock hold great significance for any manufacturing company. Inventory includes raw materials, goods in production, and finished goods that are all considered to be part of a company’s assets as they are either ready or will be ready fro sale to generate revenue for the company. Turnover of inventory is […]
Difference Between Shareholder and Investor
Shareholder vs Investor In modern times, an investor and a shareholder look like similar persons because investing in shares and stocks is the most common mode of investment these days. However, an investor need not necessarily be a shareholder. Investing your money in anticipation of attractive returns is not a new habit that came about […]
Difference Between Negative and Positive Gearing
Negative vs Positive Gearing Negative and positive gearing are terms associated with investments in property in Australia and help in saving taxes under the provisions of the law. Though there are clear cut differences in the two concepts, people find them confusing. This article will try to simplify the two terms so as to enable […]
Difference Between Operating Leverage and Financial Leverage
Operating Leverage vs Financial Leverage Leverage is a term that is very popular in the world of investment and also in corporate circles. It is common knowledge that both investors and management of a company are interested in securing better returns on their investment. Both make use of leverage to see that their investment makes […]
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