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Explain the term StakeHolders
The range of stakeholders may comprise directors/managers, lenders, shareholders, employees suppliers and customers. These groups are probable to share in the wealth and risk generated by a company in different ways and thus conflicts of interest are likely to exist. Conflicts as well exist not just between groups but within stakeholder groups. This might be for the reason that sub groups exist example preference shareholders and equity shareholders. Otherwise it might be that individuals have different preferences for example return and risk, short term and long term returns within a group. Excellent corporate governance is partly about the resolution of such conflicts.
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Q. Define the Constructive Receipt? Constructive Receipt - A taxpayer is considered to have received income even though monies are not in hand, it may have been set aside or ot
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what course a decrease and increase in share price
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Budgeting and Budgetary Control: The next element of financial management is budgeting and budgetary control. Budgeting is an integral part of the management accounting proces
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