Accounting, Banking & FinanceVALUE ANALYSISMay 26, 20156 CommentsValue analysis is one of the most important tools in the hands of management and refers to the multidisciplinary method…
Accounting, Banking & FinanceBenefits of inflationMay 25, 201511 CommentsIn earlier article we study the cost of inflation to reduce target rate of inflation to 0% now we will…
Accounting, Banking & FinanceCash ManagementMay 25, 20157 CommentsThe basic objective of cash management is to keep the investment in cash as low as possible while still keeping…
Accounting, Banking & FinancePROCESS COSTINGMay 25, 20159 CommentsThere are a number of industries which use a raw materials which has to pass through several processes before the…
Accounting, Banking & FinanceBUDGETARY CONTROLMay 24, 20154 CommentsBudget is defined as ” a plan quantified in monetary terms prepared and approved prior to a defined period of…
Accounting, Banking & FinanceRATIO ANALYSISMay 24, 20152 CommentsThe primary uses of financial statements are evaluating past performance and predicting future performance and both of these are facilitated…
Accounting, Banking & FinanceDEPRECIATIONMay 24, 20151 CommentDepreciation may be defined as the decrease in the value of an asset on account of natural wear and tear…
Accounting, Banking & FinanceCredit RatingMay 22, 201513 CommentsCredit Rating: Role of Credit Rating for success of Financial Services What are Credit Ratings? Credit rating can simply be…
Accounting, Banking & FinanceUNIFORM COSTINGMay 22, 201512 CommentsUniform costing implies the use of same costing principles and practices by the various organisations and is therefore not a distinct or…
Accounting, Banking & FinanceSTANDARD COSTINGMay 20, 201512 CommentsStandard costing is a technique which was uses standard for costs and revenues for the purpose of control through variance…