Notes and Summaries || 2
Absorbed Overhead: Overheads which, by means of absorption rates, in included in costs of specific products or saleable services, in a given period of time.
This notes contains more than 30 question answers and the important formulaes for Labour Costings
Download the complete notes of the Financial Management for Chapter 4 Risk And Return .
Classification of Branch. Accounting for the branches and notes .
This notes cover the order of the settlement of liability during the liquidation of company and basis of the remuneration given to the liquidators of the company
The analysis of the financial statements and interpretations of financial results of a particular period of operations with the help of 'ratio' is termed as "ratio analysis." Ratio analysis used to determine the financial soundness of a business concern. Alexander Wall designed a system of ratio analysis and presented it in useful form in the year 1909.
Download the complete notes of the Financial Management for Chapter 7 Capital Budgeting .
Audit functions formerly performed manually are now performed using stan- dard financial accounting software, modified as necessary for a particular system. Generally, much of the same information is requested and analyzed as in a traditional audit. Once verified using computer techniques, data is retained so it can be used in other areas of the audit including error identi- fication and segregation of transactions within accounts. Customized re- ports are generated by computer and a standard audit trail is maintained.
Download the complete notes of the Financial Management for Chapter 1 Financial Policy And Corporate Strategy .
Download the complete notes of the Financial Management for Chapter 19 Inflation And Financial Management .