Rules for Good Precis Writing 1. Decide Theme of the Passage The main theme of the passage should be find out through careful reading and then main points
What is Precis Writing? The word “Precis” is a French word. An English word is developed from this French word as “Precise”. Precis means a summary and precis-writing
Auditor duty in verification of Outstanding Liabilities At the close of the year, there may be some outstanding liabilities for expenses, which must bring into accounts to arrive
Verification and Valuation of Liabilities and Guidelines for auditors Verification of liabilities is equally important as that of verification of assets. The Balance Sheet will reveal the true
Methods of determining cost price of stocks The term “Cost Price” has been interpreted in many ways, which are as follows: 1. Unit Cost Method: Under unit cost
Objectives of Share Transfer Audit The main objectives of the share transfer audit are as below: 1. Checking or preventing clerical errors. 2. Preventing the improper issue of
Types of Bank deposit customers Banks open accounts for various types of customers like individuals, partnership firm, Trusts, companies, etc. While opening the accounts, the banker has to
Factors influencing Optimum Size of Business Unit The following are the factors that influence the optimum size of a firm: Technical forces Managerial forces Financial forces Marketing forces
Meaning and Definition of a Company “Company” in the common usage refers to a voluntary association of individuals formed for the purpose of attaining a common social or
Classification of Contracts according to formation According to the mode of formation of contracts, contracts may be classified into three namely, Express Contract, Implied Contract, and Quasi –