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Q. Describe about Accountants Report?
Accountants' Report - Formal document which communicates an independent accountant's:
(1) expression of limited assurance on FINANCIAL STATEMENTS as a result of performing inquiryand analytic procedures (Review Report);
(2) results of procedures performed (Agreed-UponProcedures Report);
(3) non-expression of opinion or any form of assurance on a presentation inthe form of financial statements information which is the representation of management(Compilation Report) or
(4) an opinion on an assertion made by management in accordance withthe Statements on Standards for Attestation Engagements (Attestation Report). An accountants'report doesn't result from the performance of an AUDIT.
Explain the Cash and cash equivalents Cash and cash equivalents include: Bank and cash balances Short term investments that are highly liquid and can be converted
Describe the duties of the financial manager in a business firm? Financial managers evaluate the firm's performance, determine what are the financial consequence will be if the
Capital cost of product a is ? 5 crores and initial capital cost of product b is ? 3 crores. Life of product a is 30 years and life of product b is 10 years . The difference in ini
Modern approach at financial problems With the advent of technology and need to tighten shipsdue to competition, financial management became as much a science as art. Efficient
Q. What is usual Approach of capital Structure? Ans. Traditional Approach: - The traditional approach establishes middle among the Net Income approach and the Net Operating Inc
The modified duration is a measure of the sensitivity of a bond's price to interest rate changes; the assumption made here is that the expected cash flow does not
Have the large bank holding companies increased their market share at the expense of smaller institutions? A: No. A study conducted by the Federal Reserve Bank of New York reve
TRADING IN OPTIONS We have already seen that options are traded on exchanges and have already discussed how to understand published quotations. Let us now learn the trading mec
capital structure
Equity Theor y This theory proposes that individuals measure their out- comes/input ratio. Equity theory distinguish that inspiration is not the outcome of an absolute
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