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WHAT IS PROFIT? LESS COSTS??
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If we put it simply, profit is income less costs.However, whereas the definition of income is distinctly consistent, the definition…
Financial Statements of a Company
Financial statements are the summarised statements of accounting data produced at the end of an accounting process by an enterprise…
LEGAL REQUIREMENTS FOR AUDIT COMMITTEES
According to law the company is required to publish some information about it’s working after a fixed period of time,i.e,…
WORLD’S FIRST DIAMOND EXCHANGE
Are you ready for the world’s first physically settled diamonds trading exchange? This is being set up in Singapore.…
RBI-Role and functions
RBI-ROLE AND ITS FUNCTIONS In every nation there is one association which fills in as the national bank. The capacity…
WHY BUDGETING?
Every year, most businesses produce a budgeted balance sheet and income statement for the forth coming financial year.Budgets specify each…
ENRON SCANDAL IN USA,2001
Enron was one of the most powerful companies of USA. It was ranked in the US’Fortune Top 10 companies based…
GROWTH OF FINANCIAL SECTOR IN INDIA
The present growth rate of financial sector in India is about 8.5% p.a. An increase in growth rate is equivalent…
YouTube? YouTube!
Why are there videos sprawling up on YouTube? Is it just for entertainment? What if you wanted to be a…
Option Greeks- Delta(2)
Options theory makes use of delta for its calculations, and thus it makes it all the more necessary to understand…