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Business Environment
Weaknesses of Trade Union Movement in India In spite of its legal and social importance, trade unionism in India is suffering from a number of inherent defects. The very …
Auditing
Audit Planning Planning brings promptness and perfection in performance. Planning in audit operations is considered as an essential prerequisite. It enables an auditor to cover different aspects of audit …
Business Environment
Effects of Inflation Inflation has both good and evil effects on economy. In the initial stages, mild inflation may create all-round expansion of business activity and this will prove …
Guidelines for Auditors
Vouching of Cash Receipts The debit side of cash book shows opening balance, cash sales, receipts from debtors, income from interest, dividend, rental income, commission received, subscriptions, sale of …
Guidelines for Auditors
Audit of Clubs – Guidelines to Auditors 1. General Consideration in Club Audit a. Constitution A club is constituted as a company limited by guarantee. So provisions of Companies …
Auditing
The term depreciation is derived from the Latin word depretium. Split into “de” and “pretium” de means decline and pretium means price. So, the literal meaning of depreciation is …
Business Economics
The greatest bane and perhaps the greatest defect of the present economic order is inequalities of income. It is often seen that the incomes of different individuals differ. Though …
Business Economics
Significance of National Income Data National income data are of utmost importance for the economy of any country primarily because national income is the most dependable indicator of a …
Business Economics
What are the Causes of Inflation? Inflation in an economy can be caused by excess demand or by reduction in the supply of goods and services or by monetary …
Business Economics
Degrees (or) Types of Inflation Inflation is of different types. The following are the various types of inflation. These types of inflation are classified on different basis: 1. Inflation …