Finance

Currency

Advantages and disadvantages of CBDC

CBDC stands for Central Bank Digital Currency, which is a digital version of fiat currency issued and backed by a central bank. CBDCs are a relatively new concept that has gained traction in recent years, particularly after the rapid growth of cryptocurrencies like Bitcoin. CBDCs are different from cryptocurrencies as […]

Insurance

Reasons Why You Should Have an Auto Insurance Policy

If a vehicle is designed, manufactured, and primarily used for commercial purposes, it typically must be covered by a commercial auto policy. These policies often have higher liability limits than personal auto insurance. Employees driving a car on business might be exposed to a significant lawsuit without a commercial auto […]

Loans

7 Business Loan Repayment Options in Singapore

When it comes to taking out a loan, borrowers often focus on the interest rate and loan amount. However, another important factor to consider is the loan repayment option. Choosing the right repayment option can help borrowers manage their finances better and avoid falling into debt traps. In this post, […]

Finance

Traditional Financial System vs. Cryptocurrencies and DeFi

Welcome to the fascinating world of finance. From traditional systems to revolutionary DeFi – the financial industry has drastically evolved. Cryptocurrencies have gained momentum, offering a decentralized, secure, and transparent alternative. DeFi, with no intermediaries and instant transactions, promises to disrupt the market further. Let’s dive into the past, present […]

Accounting

Best Practices for ASC 718 Expense Reporting

ASC 718 expense reporting is an important aspect of financial reporting for public companies that issue equity-based compensation. Investors and analysts must have timely access to accurate information on the fair value of stock-based compensation to make informed decisions about the state of a company’s finances. Companies must adhere to […]

Personal finance

Pros and Cons of the Best Tools for Budgeting

Budgeting is an essential component of sound financial management, and developing a system to track your expenses and savings is crucial for long-term success. As technology advances, a wide range of budgeting tools have emerged to help individuals and businesses stay on track with their financial goals. Here we did […]

Finance

Financial Guide for Beginners

Why would you need a financial guide? Do you think you are saving for the next trip or your future? It’s not an irrational assumption that one needs to save not only for short-term goals but long-term goals as well. As a beginner, you might not be as prudent or […]