Fraud
What is Fraud? According to SA 240 "The fraud refers to intentional misrepresentations regarding financial information by one or more individuals among management, employees or…
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22/07/2020
Internal Control
What is Internal Control? The plan of organization and all the methods & procedures adopted by the management of an entity to assist in achieving…
18/07/2020
Internal Audit
What is Internal Audit? Internal audit is the review of the various operations of the company & of its records by staff specially appointed for…
20/07/2020
Types of Audit
There are various types of audit. Auditor may choose any audit procedure for conducting audit of financial statements. Audit procedure may vary from enterprise to…
14/07/2020
What is Audit?
An audit is an independent examination of financial information of any entity, whether profit-oriented or not, and irrespective of its size or legal form, when such an examination is conducted with a view to expressing an opinion thereon.
19/03/2020
What is Income Tax
What is Income Tax? Income Tax is tax on income. According to the Constitution of India, income tax is a central subject. Income Tax on…
04/07/2020
Difference between IMF and World Bank
Introduction The key difference between IMF and World Bank lies in their respective purposes and functions. The IMF and the World Bank seemed to hand…
22/05/2020
How Recession Started?
How recession started? According to the assumptions and reports of honorable IMF chief economist and ex- RBI governor Mr. Raghu Ram Rajan. US and China…
04/05/2020
Preference Share
What is Preference Share? Preference shares as those shares which carry preferential rights as the payment of dividend at a fixed rate and as to…
27/03/2020
Debentures
What is Debentures? Definition: Debentures are a fixed-interest, fixed term investment. They are offered by finance and industrial companies which are referred to as issuers.…
27/03/2020