Balance Sheet audit: Balance Sheet audit is a limited audit in which all. the Balance Sheet items are verified viz, assets, liabilities, balance of reserve ...

Difference between Continuous Audit and Balance Sheet Audit are given below: Continuous Audit: Nature: Here the auditor or his staff is, constantly ...

The effect of disadvantages listed above may be minimized by adopting certain safeguards as follows: The auditor can guard himself against tempering of ...

Advantages of Continuous Audit Continuous audit is useful in : Early detection of frauds and errors : Detailed and exhaustive checking of accounts leads to ...

According to Spicer and Pegler, "a final or completed audit is commonly understood to be an audit which is not commenced until after the end of the financial ...

Various modes of creating a charge by bank are: Pledge: Pledge is said to be a bailment of goods as security for payment of a debt or performance of a ...

Loan and Overdraft: Loan is defined as a financial arrangement, in which bank provides an advance to the borrower. On the other hand, overdraft is an ...

Evolutionary Stages of Tourism Growth: In general tourism is concerned with pleasure, holidays, travel and going or arriving some where. These are the ...

Constituents of Tourism Industry: The constituents of Tourism Industry may be classified into two categories: Primary /major constituents. Secondary ...

Nature of Tourist Accommodation: A tourist is a person who leaves his home to visit new places, thus he needs somewhere to stay in that location, therefore ...

Generally history is offered as a product in tourism. History figures prominently in promotional literature. Many destinations have always been promoted ...

Tourism planning helps. to co-relate and co-ordinate the role of public and private sector. It directs development properly and demarcates the areas for ...