Tools used in business communication: SMS, Teleconferencing, Video Conferencing
by SMS Faced with the rise in instant messaging applications, SMS has been under major scrutiny from customers suggesting that IM’s have killed the need for …
Tag: C-205 Fundamentals of Entrepreneurship
Liquidation of Company
Liquidation is the process a debt-laden company initiates to wind up its operations and sell its assets in order to repay said liabilities and other …
Statement of Affairs and Deficiency/Surplus
Statement of Affairs A Statement of Affairs (SOA) is a critically important document within the insolvency process that provides an overview of the company’s assets …
Liquid for Final Statement of A/c Receivers Receipt and Payment A/c
The liquidator’s task is to realise the assets and disburse the amounts among those who have a rightful claim to it; in every case the …
Consolidated Balance Sheet of holding Companies with One Subsidiary Only
Under Indian Company Act, there is no need to prepare combined or consolidated final accounts of holding and subsidiary company in the books of holding …
Accounting for Amalgamation of Companies as Per Indian Accounting Standard 14 Accounting for Internal Reconstruction: Part 1
Amalgamation Amalgamation is defined as the combination of one or more companies into a new entity. It includes: Two or more companies join to form …
Accounting for Amalgamation of Companies as Per Indian Accounting Standard 14 Accounting for Internal Reconstruction: Part 2
Accounting for Amalgamations Introduction This standard deals with accounting for amalgamations and the treatment of any resultant goodwill or reserves. This Standard is directed principally …
Introduction to Business Letters: Positive and Negative Messages
An introductory business letter is supposed to make a good impression with a potential customer (called a prospect). Writing a letter to introduce your business …
Writing Routine and Persuasive Letters
Routine Letters “A business letter is a letter written in formal language, usually used when writingfrom one business organization to another, or for correspondence between such organizations and their customers, …
Writing Memos
A memo (also known as a memorandum, or “reminder”) is used for internal communications regarding procedures or official business within an organization. Unlike an email, …