Objectives and Scope of Management Audit
Objectives of Management Audit The basic objectives of the management audit can be briefly stated as under: To identify the overall objectives of the organisation.To find out the extent to…
Finance
Objectives of Management Audit The basic objectives of the management audit can be briefly stated as under: To identify the overall objectives of the organisation.To find out the extent to…
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 comprises the investigation of a…
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 work are to be completed…
Role of Cost Auditor In order to perform his work as a cost auditor, a cost auditor should clearly understand his position and also what he is expected to do.…
Duties of cost auditor The Companies Act, 1956 does not mention duties of a cost auditor clearly. Section 233B(4) states that the cost auditor shall have the same powers and…
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) and who holds a valid…
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 consider information about these two…
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.
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 credit limit. The supplier is…
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 record of growth. In a…