PROCESS COSTING
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There are a number of industries which use a raw materials which has to pass through several processes before the…
BUDGETARY CONTROL
Budget is defined as ” a plan quantified in monetary terms prepared and approved prior to a defined period of…
RATIO ANALYSIS
The primary uses of financial statements are evaluating past performance and predicting future performance and both of these are facilitated…
DEPRECIATION
Depreciation may be defined as the decrease in the value of an asset on account of natural wear and tear…
Credit Rating
Credit Rating: Role of Credit Rating for success of Financial Services What are Credit Ratings? Credit rating can simply be…
UNIFORM COSTING
Uniform costing implies the use of same costing principles and practices by the various organisations and is therefore not a distinct or…
STANDARD COSTING
Standard costing is a technique which was uses standard for costs and revenues for the purpose of control through variance…
COST-VOLUME-PROFIT, CVP ANALYSIS
We know that the relationship between Sales,Cost and Profit Sales-Variable cost = Contribution Contribution – Fixed cost =Profit From above…
GST IN EXPORT AND IMPORT
GST on Export: Exports would be tax exempt. Benefits to be given to SEZ’s which will only be allowed to…
Capital Account Convertibility by Kannammai Palaniappan
Capital account and current account are two major components contributing to balance of payments. Current account represents regular trade transactions…