Financial capital is any economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based, i.e. retail, corporate, investment banking, etc.
Three concepts of capital maintenance authorized in IFRS
Financial capital or just capital/equity in finance, accounting and economics, is internal retained earnings generated by the entity or funds provided by lenders (and investors) to businesses to purchase real capital equipment or services for producing new goods/services. Real capital or economic capital comprises physical goods that assist in the production of other goods and services, e.g. shovels for gravediggers, sewing machines for tailors, or machinery and tooling for factories.
Financial capital generally refers to saved-up financial wealth, especially that used to start or maintain a business. A financial concept of capital is adopted by most entities in preparing their financial reports. Under a financial concept of capital, such as invested money or invested purchasing power, capital is synonymous with the net assets or equity of the entity. Under a physical concept of capital, such as operating capability, capital is regarded as the productive capacity of the entity based on, for example, units of output per day. Financial capital maintenance can be measured in either nominal monetary units or units of constant purchasing power. There are thus three concepts of capital maintenance in terms of International Financial Reporting Standards (IFRS): (1) Physical capital maintenance (2) Financial capital maintenance in nominal monetary units (3) Financial capital maintenance in units of constant purchasing power. Framework for the Preparation and Presentation of Financial Statements,
SimpliContract, an artificial intelligence and SaaS-based contract lifecycle management (CLM) platform, has raised $1.8 million in a seed-funding round led by Kalaari Capital. The round also saw participation from Picus Capital, ArkaVentures and DigitalSparrow Capital.
Nikhil Kamath, CIO of TrueBeacon and co-founder of Zerodha, is cautious these days as he describes the current market conditions as “overheated” and is more concerned with capital preservation ... gap” in wealth distribution in the country won't be solved by taxing capital gains.
Bengaluru-based SimpliContract, an AI and SaaS-based contract lifecycle management (CLM) platform, has raised $1.8 million in a seed funding round led by Kalaari Capital with participation from Picus Capital, ArkaVentures, and DigitalSparrow Capital. This funding will drive the startup’s efforts in engineering, AI research, and marketing.
The report encloses the global Litigation Funding Investment market size, the revenue share of each segment, and its sub-segments, and forecast figures. The report study analyzes the market status of the manufacturers and is an important source of guidance and direction for companies and individuals interested in the industry ...Market analysis..
Picus Capital, ArkaVentures and DigitalSparrow Capital also participated in the round, which will drive its efforts in engineering, AI research and marketing ...Ravinder Singh, partner at Kalaari Capital, said, “90% of global enterprises and 50% of midsize organizations will have CLM solutions in place by 2023.
With COVID numbers in the national capital dropping to a three-month low, all market activities are allowed from today, but with certain restrictions as part of the phased unlock plan of the Delhi government ... Here are the guidelines Weekly markets will resume activity, but only ...
SimpliContract raises $1.8M in seed round led by Kalaari Capital. Bengaluru-based SimpliContract, an AI and SaaS-based contract lifecycle management (CLM) platform, has raised $1.8 million in a seed funding round led by Kalaari Capital with participation from Picus Capital, ArkaVentures, and DigitalSparrow Capital.
It will be recalled that, in November 2019, the SEC ordered the Capital Markets IntegrityCorporation (CMIC) to take over the operations of R&L following the discovery of unauthorized transfers of shares to the account of a certain Julieto Sulapas in VSI... market,” the SHP noted.
Premium Premium Adani stocks pull down Indian stock markets, investors .... SBICapital Markets Ltd, Axis Capital Ltd and ICICI Securities Ltd are the lead managers to the issue ... Premium Adani stocks pull down Indian stock markets, investors .... As on March 2020, its textured soya protein (soya chunks) held 40% market share through India.
Saeed Hamad Obaid Al Dhaheri, Chief Executive Officer of ADX, said, "We welcome the listing of EtisalatGroup’s 1 billion euro bond on the ADX as we strive to create a dynamic debt capital markets eco-system and expand funding opportunities for businesses in Abu Dhabi and the wider region.
With COVID numbers in the national capital dropping to a three-month low, all market activities are allowed from today, i.e ... Under the phased unlock process, all activities, including reopening of restaurants with 50 per cent capacity and one weekly market per municipal zones, will be allowed from June 14, Chief Minister had said.
... 35 crore from Alteria Capital ... Ankit Agarwal, Partner, Alteria Capital added,“Jumbotail is emerging as a market leader in the $500 billion+ B2B grocery market, driven by scalable tech platforms, full stack logistics and supply chain network, and fintech and SME lending solutions.