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Best practice or functional benchmarking
Compare an internal function to 'the best' however not necessarily an organisation in same industry for example compare administration activities or cleaning methods to other hospitals or other organisations other than a hospital not involved in healthcare.
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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
Role of Trustee in Pension Fund: Trustees are people in control of long-term asset allocation of a pension scheme. Whatever benchmark they set will, as we shall see, influence
Q. What is Business Combinations? Combining of two entities. Under PURCHASE METHOD OFACCOUNTING, one entity is deemed to attain another and there is a new basis of accountingfo
Debenture A kind of debt instrument that is not secured by physical any asset or collateral is known as debenture. Debentures are backed by the general creditworthiness and sta
Q. Major objective of working capital management? The major objective of working capital management is to decide the optimum amount of working capital required. Usually managem
The so-called "cash flow" (net income plus depreciation) is a flow of cash, but is it a flow to the shareholders or to the company? Suppose that net income plus depreciation is
Rating denote an issuer's ability to respond to adverse changes in circumstances and economic conditions. The rating scale is generally differentiated into variou
Which type of financing is appropriate to each firm?
Journal articles review reviewed
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