Efficiency Audit

Cost Audit has two important phases. The first phase is known as Efficiency Audit and the second phase is known as Propriety Audit. Let us…

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Management Audit

What is Management Audit? Management Auditing is a method to evaluate the efficiency of management at all levels throughout the organisation or more specifically, it…

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Cost Audit Programme

What is Cost Audit Programme? Cost audit programme is a detailed plan prepared by the cost audit showing how various stages of the cost audit…

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Cost Audit

Cost Audit means the checking and verification of the cost accountancy books, records, statements, reports and other data related to the cost of a product or service being provided by a business unit.

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Cost Auditor

A Cost Accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959)…

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Credit Cards

What is Credit Cards? Credit Cards is defined as a card which can be used to obtain cash, goods or services up to a stipulated…

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Venture Capital Financing

What is Venture Capital Financing? In a narrow sense venture capital financing refers to, investment in new and tried enterprises that are lacking a stable…

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Factoring

What is Factoring? Factoring is a financial technique where a specialized firm (factor) purchases from the clients accounts receivables that result from the sales of…

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