Author: raghaviacademy.com

Accrual is a concept in accounting that refers to the recording of revenue and expenses when they are incurred regardless of when the cash transactions occur. This is a fundamental…

In economics, accretion refers to the gradual and incremental growth or increment in the value of an asset due to natural growth or external additions. It is also related to…

Revenue streams in the business model refer to the ways a company generates income from its value proposition. These are the sources through which the business makes money. The software…

Accounting profit refers to the total revenue of a business minus its explicit costs which are associated with running the business. These costs include operating expenses, cost of goods sold,…

This includes the nature of interaction between the business and its customers. In a business model, this refers to the types of relationships that a company establishes with its customers…

An accounting period is a specific and consistent duration of time that is used to record and compile financial transactions into financial statements.  The most common accounting periods include monthly,…

Channels are how a company reaches the customer segments that it has identified. In a business model, the channels refer to the methods that are adopted by the business to…

Accounting method refers to the specific rules and procedure which are used by a business to record its financial transactions and prepare its financial statements. There are two primary accounting…

One of the most fundamental principles in accounting is the accounting equation which represents the relationship between the assets, liabilities and equity of a company.  The equation is expressed as…

Customer segments refer to a specific group of customers that are targeted by the business. In the business model, the customer segment is the specific group of people that the…