Commerce

When a huge company or an organisation is managed, many factors need to be taken care. Attention should be paid to all details, so no flaws exist in the company’s management. Managing the finances of such big organisations is a complex task. Mistakes could happen while dealing with finances and fraud organisations. To deal with such […]

What is Capital Budgeting and How does it Work? Capital budgeting entails selecting projects that increase a company’s worth. The capital budgeting process includes everything from property acquisition to fixed asset purchases such as a new vehicle or equipment. Corporations are usually compelled, or at the very least encouraged, to pursue projects that boost profitability

The share market is quite unpredictable and a risky venture. It could gain you substantial profits, and it could also lose all your money. However, the prospect of such quick money is fascinating to many of us, and hence, the share market is an evergreen investment industry. A company puts its shares out in the

The Audit of Insurance can be demonstrated as the process of monitoring the various domains of the insurance process, including the evaluation of insurance documents, evaluation of liabilities, risk valuation and evaluation of financial statements. Insurance is a type of agreement that citizens of a country make with a company to secure their financial part

Charitable societies are organisations whose purpose is freedom and society’s well-being. They help the interests of the common good in fields of education, religion, etc. The way laws and taxes such as audits affect charitable societies differs from country to country. Charitable organisations mainly depend on donations from others for business. The audit of charitable societies

Banks and banking institutions play an essential role in developing a country. The banks are economic agents, and as with various other sectors, they are also exposed to risky operations. In an audit of banking, a bank auditor reviews the services of the banking sectors. An accounting specialist is designated with the title of a

Some organisations have been established to provide services to the broader public. Philanthropic institutions, clubs, trade unions, religious organisations, schools, welfare groups, and society for the development of art and culture are examples of such organisations. The primary goal of these organisations is to provide service rather than profit, as is the case with businesses.

As a segment of the financial system, the money markets deal with short-term finances. The money markets specialise in short-term mortgages with less than a year’s tenure. With all short-term securities becoming commodities, the money market operates as a part of the financial market dealing in short-term loans, lending, buying, and selling with initial maturities

If you read the business column of a newspaper regularly or have any knowledge of the business world, you’ve probably heard the term acquisition, like a merger, that is used in business whenever one firm buys a substantial number of shares in another, prompting the latter to cease operations and combine with the former. Absorption

A financial information system collects and clarifies data in an organised manner and computerised way. The FIS can assess and analyse the previous financial performance and current operations, and map the upcoming steps required for the organisation’s finances. It’s a well-organised accounting system for the data and delivers ideas for optimum usage and better actions