Accounting, Banking & FinanceUNIFORM COSTINGMay 22, 201512 CommentsUniform costing implies the use of same costing principles and practices by the various organisations and is therefore not a distinct or…
Accounting, Banking & FinanceSTANDARD COSTINGMay 20, 201512 CommentsStandard costing is a technique which was uses standard for costs and revenues for the purpose of control through variance…
Accounting, Banking & FinanceCOST-VOLUME-PROFIT, CVP ANALYSISMay 19, 201512 CommentsWe know that the relationship between Sales,Cost and Profit Sales-Variable cost = Contribution Contribution – Fixed cost =Profit From above…
Accounting, Banking & FinanceGST IN EXPORT AND IMPORTMay 19, 20158 CommentsGST on Export: Exports would be tax exempt. Benefits to be given to SEZ’s which will only be allowed to…
Accounting, Banking & FinanceCapital Account Convertibility by Kannammai PalaniappanMay 19, 201511 CommentsCapital account and current account are two major components contributing to balance of payments. Current account represents regular trade transactions…
Accounting, Banking & FinanceGST: The road gone by and the road aheadMay 18, 201527 CommentsGST – Goods and Services Tax – one simple abbreviation to remove all the complexities of taxation in India. The…
Accounting, Banking & FinanceNO ARBITRAGE PROFIT CONDITIONMay 18, 201513 CommentsCapital market equilibrium requires that market prices be set so that supply equals demand for each individual security. In the…
Accounting, Banking & FinanceThe Theory of Efficient MarketsMay 18, 201516 CommentsThe concept of an efficient market is very important in the area of finance. An efficient market is one in…
Accounting, Banking & FinanceReturns Distributions and Financial ContractsMay 18, 20159 CommentsIn a single-period model it is certainly permissible to specify exogenously the joint probability distribution of the end-of-period values of…
Accounting, Banking & FinanceMarket Efficiency with Nonspeculative AssetsMay 18, 201511 CommentsThe important concept of market efficiency was introduced. The theorem that was proved was a “no trade” theorem. If investors…