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Finance Glossary

finance glossary
Question: What is an outstanding accural?

I'm often dealing with our Finance Department who throw words at me such as 'accurals' and P&L statements. Not coming from a Finance background, they always confuse me. Does anyone know if there is a comprehensive glossary of accountig terms (for dummies!) anywhere?

Answer: www.dummies.com/WileyCDA/DummiesArticle/id-2841.html

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Finance Terms

finance terms
Question: What problems can occur in construction projects in terms of economics and finance?

Hello, i have the following question which im having difficulty in answering.
Please may someone post a reply with just the key main elements which can affect a construction project in terms of economics and finance.
I currently have inflation and deflation, is there any more?

Thanks

Answer: One of the most significant factors would be the length of time it takes you to cash out. Very often construction projects get in trouble because the cost of the funds you need for the construction goes on much longer than you anticipated.

Glossary of Islamic Financial Terms: The AZ Guide


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