Preliminary steps before commencing a Company Audit; Verification of Appointment, Verification of Memorandum, Verification of Articles, Verification of Prospectus, etc.
Characteristics of Accounting Information System. Accounting information must possess the characteristic of reliability, relevance, understand-ability and comparability. Accounting Articles
The shift to the New Government System was made in response to conformity with the International Accounting Standard, computerization, generation of financial statements and for agency monitoring.
A fiscal year doesn't simply start on January 1st and end on December 31st. With business and government, the fiscal year is much more complicated than that. This article covers how.
This hub enumerates the reasons why the writer decided to become an accountant.
The liabilities of auditor can be classified as liability under optional audits and liability under statutory audits.
Audits are of two types namely optional or private audits and statutory or compulsory audits. Basis for this classification is legal requirements with regard to conduction of audit.
Budgeting is not a simple process as it seems, be it for personal or business use. Various skills are needed to develop, agree, negotiate and manage budgets.
The three main types of business activities are financing, investing and operating. These three types of activities all involve the flow of money, however what the money is for will be the determinate of which category it belongs in. It is...
Different authorities defined the subject of ‘Accounting’ in different ways. So it is difficult to define the subject through a single definition. Let us look at some of the prominent definitions: American Accounting Association defined...