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Tests of controlor systems based auditing
Tests to obtain audit evidence about effective operation of the accounting and internal control systems. It isn't concerned about detailed underlying transactions though interested in the controls which are in place which manage the information.Itis testing that the control is:
Embedded Options is a provision in the indenture that gives the issuer and/or the bondholder an option to take action against the other party.
compare and contract the potential liabilities of owners of proprietorship,partnership and corporation
I am trying to solve this formula: 2/10, net 30. In the book I am reading they have 2% x 360 ------- ------ = 2.04% x 18=36.72% 100-2% (30-10) I want to know how the
Considerations before a MBO An MBO is just like any other take over and same consideration must be applied. (i) Potential of the business. Is it worth buying? What does the
SOURCES OF ISLAMIC FINANCE
A Swiss Variable Rate Mortgage (SVRM) is a version of ARM which carries a coupon rate that a bank can change any time giving a notice of three m
We can also express Modified duration as follows: ...Eq. (3) The
What happens to the riskiness of a portfolio if assets with very low correlations (even negative correlations) are combined? How successfully diversification decreases risk reli
Finance companies Finance companies make loans to individuals as well as corporations by providing consumer lending business lending also mortgage financing. A few of their loa
Capital cost of product a is ? 5 crores and initial capital cost of product b is ? 3 crores. Life of product a is 30 years and life of product b is 10 years . The difference in ini
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