Importance of banking to an economy no emphasis. A well-organized banking system provides liquidity and mobility to the financial resources available in the economy. It helps the economy in the following regards. Importance of Banking Bring Economic Stability In The Country Co-Ordinate Among All The Units Accurate Investment Capital Formation: Creation Of Money Encourage Saving Facilitate Trade Acceptance Of Deposits […]
Financial Statement Aanlysis | Financial Management Notes
FINANCIAL STATEMENT ANALYSIS: Understanding the financial statements of a firm is critical since it is often the only source of information with which we must make investment decisions; i.e., whether or not to loan the company money or invest some equity. There is a rationale behind the construction of the […]
What is Commerce | Definition| Meaning | Importance 2023
“Commerce is the activity of buying and selling of goods and services, especially on a large scale or quantity” When student gets passed his matric or o level and promote to college & those who select commerce & management science field, people always asks them what is commerce ? & students always in confusion and suddenly […]
Functions of Commercial bank
Functions of Commercial bank A bank is a financial institution which deals with the money and credit. It is organized on a joint stock company system primarily for the earning of profit. The main function of commercial bank is to accept deposits from individuals, firm and companies at lower rate of interest and gives […]
What is Audit Working Papers
Audit working papers /audit note book is the book which provide complete picture about the business matter. It is maintain by the audit clerk during the course of audit. Audit working papers are the property of the auditor. What is Audit Working Papers: The clerk comes across through serve difficulties which he has to discus with […]