30 Apr 2018
Accounts Receivable (AR) is the proceeds or payment which the company will receive from its customers who have purchased its goods & services on credit. Usually the credit period is short ranging from few days to months or in some cases maybe a year.
When a company extends credit to the customer, the sale is realized when the in.... more
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Finance feed by:
CA Amarendra Agarwal
B.com (Hons),CA
CA in Practice • 26 Year 7 Month experience
B.com (Hons),CA
CA in Practice • 26 Year 7 Month experience
When a company extends credit to the customer, the sale is realized when the in.... more
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18 Apr 2018
Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions. It is done to ascertain the accuracy of financial statements provided by the organisation.
Audit can be done interna.... more
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Finance feed by:
CA Akash Agarwal
B.com (Hons),CA
CA in Practice • 100% (2 votes) •
14 Year 4 Month experience
B.com (Hons),CA
CA in Practice •
100% (2 votes) •
14 Year 4 Month experience
Audit can be done interna.... more
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17 Apr 2018
When a company purchases goods on credit which needs to be paid back in a short period of time, it is known as Accounts Payable. It is treated as a liability and comes under the head ‘current liabilities’. Accounts Payable is a short-term debt payment which needs to be paid to avoid default.
We consume electricity, telep.... more
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Finance feed by:
CA Sushil Modi
M.com,CA
CA in Job • 17 Year 11 Month experience
M.com,CA
CA in Job • 17 Year 11 Month experience
We consume electricity, telep.... more
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16 Apr 2018
Spyware is the term given to a category of software which aims to steal personal or organisational information. It is done by performing a set of operations without appropriate user permissions, sometimes even covertly. General actions a spyware performs include advertising, collection of personal information and changing user configuration setting.... more
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Finance feed by:
CA Nisha Bagla
B.com (Hons),CA
CA in Practice • 15 Year 8 Month experience
B.com (Hons),CA
CA in Practice • 15 Year 8 Month experience
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16 Apr 2018
Speculation involves trading a financial instrument involving high risk, in expectation of significant returns. The motive is to take maximum advantage from fluctuations in the market.
Speculators are prevalent in the markets where price movements of securities are highly frequent and volatile. They play very important roles in the m.... more
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Finance feed by:
CA Mukund Garodia
B.com (Hons),CA,CAIIB
CA in Job • 17 Year 5 Month experience
B.com (Hons),CA,CAIIB
CA in Job • 17 Year 5 Month experience
Speculators are prevalent in the markets where price movements of securities are highly frequent and volatile. They play very important roles in the m.... more
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