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Category: Difference Between

Difference between Fund Flow Statement & Cash Flow Statement

Posted on February 3, 2018 by Banker Makhluk

Difference between Fund Flow Statement & Cash Flow Statement Difference between Fund Flow Statement & Cash Flow Statement CASH AND FUND FLOW The statement of change in financial position is known as “ Fund Flow Statement “. Because Fund Flow shows the amount in change in various balance sheet items […]

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Difference Between

Difference Between Letter of Credit and Bank Guarantee

Posted on May 20, 2017 by Banker Makhluk

Difference Between Letter of Credit and Bank Guarantee Letter of Credit (L/C) is a financial instrument, used as an evidence of creditworthiness, issued by the bank of the buyer, concerning his credit history. L/C is often confused with a bank guarantee, as they share some common characteristics like both play […]

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