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How can you maintain highest degree of accuracy in reporting?
For maintaining the highest degree of accuracy in reporting, we need to use the same chart of accounts being used while budget preparation. This will help to put the expense and income at the same place and will assist us in carrying out the correct analysis. A simplified reporting module will also help in this regard. The operational managers can see the actual performance vs. the budgeted figures and can express the reason behind the same. This will also help in identifying any left out or over written expense by mistake or with wrong intention. Effective internal control procedures will be maintained for data integrity. A calendar which sequences budgets, reporting and forecasting activities will be prepared and will be thoroughly maintained.
What is cash deficit?And what is cash surplus?Describe each of them in detail.
Example of Dividend Basis Valuation Company Laxmi Synthetics pays a dividend of 10% on its Sh.60 par value ordinary shares. This company uses a discount rate of 15%. A
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Price Earnings Ratio Price earnings (P/E) or ratio = Market price per share (MPS)/Earnings per share OR = Market value of equity /Ea
Tax Differential Theory Advanced via Lichtenberger and Ramaswamy in 1979.They argued that tax rate on dividends is higher quite than tax rate on capital gains. Thus, a firm th
Following the Initial Public Offering (IPO), the shares of Rosetta Stone, the language instruction company, jumped almost 44 percent from an initial price of $18 to $25.55 in late-
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The scope of supply chain management Supply chain management includes the determination of suppliers; distributors, distribution channels and warehousing; manufacturing infor
PBP Reciprocal PBP expresses the profitability of a project in terms of years. It does not indicate any return as measure of investment. The PBP reciprocal has been utilized
What is the Process of Investing in Securities ? There are several process of investing in securities:- (1) Finding a Broker (2) Selection of Brokers (3) Opening an Account w
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