Book keeping is concerned with the systematic recording of transactions in the books of original entry and their posting into ledger. In involves: ...

It is true that foreign trade is an engine of economic growth in a country. The well-being of a country is determined by the nature and extent of its foreign ...

The Scope of Auditing:  In the case of sole proprietorship and partnership firm. Where audit of accounts is not compulsory, the scope of audit, if ...

An audit may be said to be such an, examination of the books of accounts and vouchers of a business as will enable the auditor to satisfy that the Balance ...

Tax Incidence of an Assessee: The total income of an assessee will be different depending upon whether he is Resident,Not ordinarily ...

Meaning of Amalgamation: The term amalgamation is used when two or more companies carrying on similar business go into liquidation and a new company is ...

Amalgamation in the Nature of Merger: In this case, there is a genuine pooling not merely of assets and liabilities of the amalgamating companies but also ...

Distinguish between pooling of interest method and purchase method are follows: Pooling of Interests This method is used in the case of amalgamation in ...

Calculation of purchase consideration is one of the important task in the process of amalgamation of companies. The purchase consideration is determined as ...

Cash Flow Statement is very useful to the management for short-term planning due to the following reasons: It provides information about an enterprise's ...