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Difference Between Short Sale and Foreclosure

January 12, 2011Posted byAndrew

Short Sale vs Foreclosure Short sale and foreclosure are two dreaded words that any home owner would never like to hear. Neither does any lender wish to make use of any of these instruments. But the use of these or either of the two becomes necessary when a home owner defaults on payments of EMI […]

Filed Under:BankingTagged With:Foreclosure,home loan,lease,property loan,security,Selling and buying property,Short Sale

Difference Between Indian GAAP and US GAAP

January 12, 2011Posted byAndrew

Indian GAAP vs US GAAP Accounting is an important part of every enterprise, be it small or big. Where ever in the world one trades accounting has to be proper and according to the guidelines set by the government of that place. Basic principles of accounting are same everywhere but there are some differences in […]

Filed Under:AccountingTagged With:Accounting Principles,FASB,financial statement,GAPP,ICAI,IFRS

Difference Between Index Funds and Mutual Funds

January 11, 2011Posted byAndrew

Index Funds vs Mutual Funds One of the most attractive tools of investment today is mutual funds. The reason they are called mutual is because of the participation of many people who pool together a sun of money that is managed by a company by investing in other companies in the share market as well […]

Filed Under:InvestmentTagged With:Dow Jones,index fund,investment options,investment portfolios,mutual fund,mutual fund company,Portfolio manager,Retirement plans,S&P,S&P 500,Securities and Bonds,Standard & Poor's 500 Index,stock market,US stock market,Wilshire 5000 index

Difference Between Bond and Debenture

January 11, 2011Posted byAndrew

Bond vs Debenture Life is full of surprises, and even more so when it comes to finances. A person having a good income today may face financial crisis in future. To avoid these unforeseen financial crises everyone invests in different instruments that can fetch extra income. There are many options available in the market that […]

Filed Under:FinanceTagged With:Bankruptcy,bond,Debenture,equity share,Financial investment,rate of interest,return on investment

Difference Between Excise and VAT

January 8, 2011Posted byAndrew

Excise vs VAT For any government to function effectively, it needs revenues to carry on with its responsibilities. These revenues are generated through taxes of various types that are categorised into direct and indirect taxes. While income tax is a direct tax, both excise and VAT are types of indirect taxes and constitute a bulk […]

Filed Under:AccountingTagged With:Custom duty,direct tax,Excise,Excise duty,Government revenue stream,Imports and Exports,indirect tax,Inland Revenue,Inland Tax,levy,VAT

Difference Between Excise Duty and Custom Duty

January 8, 2011Posted byAndrew

Excise Duty vs Custom Duty There are many taxes that a local government collects from people running their businesses or doing service in that country. There taxes are collected to meet the expenses incurred by the government in developing infrastructure and providing basic necessities to its citizens. These taxes are of two types direct and […]

Filed Under:AccountingTagged With:Custom duty,direct tax,duty,Excise duty,export tax,government revenue,GST,import tax,indirect tax,levy,tax,VAT

Difference Between Duty and Tax

January 8, 2011Posted byAndrew

Duty vs Tax Any government has many responsibilities to fulfil for the development of the country and its people. For this it needs resources and these resources come from various sources such as taxes and duties. Thus duty and tax are two important sources of revenue for the government. Both tax and duty are not […]

Filed Under:AccountingTagged With:duty,GST,income tax,levy,revenue streams,tax,VAT

Difference Between IRR and NPV

January 7, 2011Posted byAndrew

IRR vs NPV When the exercise of capital budgeting is undertaken to calculate the cost of a project and its estimated returns, two tool are most commonly used. These are Net Present Value (NPV) and Internal Rate of Return (IRR). When evaluating a project, it is generally assumed that higher the value of these two […]

Filed Under:AccountingTagged With:Internal Rate of Return,Investment Analysis,IRR,Management Accountig,Net Present Value,NPV,Project Evaluation,Project Management

Difference Between Insurance agent and Broker

January 7, 2011Posted byAndrew

保险代理人和经纪人保险是一个主题atter of solicitation. If you are looking for an insurance policy for your business, you need right advice and information. Normally this responsibility is fulfilled by a person who is either an insurance agent or a broker. You are not concerned with the terminology as long as […]

Filed Under:InsuranceTagged With:Broker,Health insurance,Insurance Agent,Insurance company,Insurer,life insurance,travel insurance

Difference Between Bankruptcy and Insolvency

January 7, 2011Posted byAndrew

Bankruptcy vs Insolvency Insolvency and bankruptcy are two dread words for any person or business. These are often baffling for a common man as he fails to differentiate between the two. The two terms are often used interchangeably but there are differences between the two. A business is said to be insolvent when the net […]

Filed Under:FinanceTagged With:Bankruptcy,company,Corporation,Insolvency,liquidation,Partnerships

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