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ISLAMIC BANKING: for all the people of the world
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When people hear about Islamic Banking they assume to be religious and limited to people of that religion only. Islamic…
Laissez-Faire
Laissez- faire; what does this term convey? Laissez-faire is French for “leave alone”. It is one of the guiding principles…
How DIVESTMENT helps the economy?
PSUs refer to any enterprise or company where government holds ownership by gaining 51% or more than 51% stake in…
Quantitative Easing
A kind of monetary policy which government uses to infuse money into the economy is known as quantitative easing. This…
FDI AND FII
FDI and FII are both considered to be the investments by an entity based in one country in another…
CAPITAL EXPENDITURE AND RESTRUCTRING
What are the various aspects of capital expenditure?? It is fairly common for major investments (e.g., the construction of a…
ACCRUALS INTRODUCTION
Accruals are used to recognise revenues and costs booked in one period but relating to another period The main categories…
INTANGIBLE FIXED ASSETS
These primarily encompass startup costs, capitalised development costs, patents, licences, concessions and similar rights, leasehold rights, brands, market share, software…
Harmonizing Accounting Data
Since consolidation consists of aggregating accounts, give or take some adjust- ments, it is important to ensure that the accounting…
The 1979 UK Banking Act (Amended, 1987)
Prior to this Act there was no specific banking law in the UK. Prompted by the secondary banking crisis in 1972,…