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Financial accounting:
Financial accounting attempts to establish the value of a particular organisation at a specific point in time, and its earnings over a specified period of time. The reports on which financial accounting focus are the three reports which go to make up a business's annual report. They are the balance sheet, the profit and loss statement and the cash flow statement.
Whilst used within the organisation, the primary purpose of financial accounting is to accurately and concisely communicate financial information to third parties such as banks, investors and the tax department. The focus of financial accounting is generally more long term and attempts to capture the status and performance of an organisation over an extended period of time - usually the financial year. They are generally externally focussed and may accompany the organisation's annual report which will include other, non-financial information.
Bid The price buyers provide to acquire securities or privacy from sellers.
VK Ltd a multi-product Company, furnishes you the following data relating to theyear 2000.First Half of the year Second Half of the yearSales Rs. 45,000 Rs. 50,000 Total Cost Rs. 4
Depository institutions Depository institutions: intermediaries with a important proportion of their funds derived from customer deposits - include commercial banks - savings i
Accounting Framework The rules and conventions of accounting are generally referred to as the conceptual framework of accounting. As already elaborates in the previous sectio
Portfolio Management: Project Portfolio Management (PPM) is the centralized management of processes, technologies and methods used by project management offices (PMOs) and pro
Question 1 Financial planning is a process of assessing the goals of an investor. Discuss the meaning, need and scope of Financial planning Question 2 Money management is the
ON THE BASIS OF FUNCTIONS •Functional / Subsidiary budgets: A subsidiary budget is a budget of income or expenditure appropriate to or the responsibility of functions, like
YT is the Finance Manager of SBM Magazine Publishing Company. He has recently had his appraisal and was expecting that he would get a excellent review, as he felt that he had met a
• Graph the Current and Quick Ratios for the five years. • Analyze observations of the trends you observed. • Support you analysis with information you observe from the Trend and
Determine the example of Rate of return of a Bond A bond is paying 10 % interest per annum and is going to mature in next two years At maturity it would pay its principal amoun
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