Understanding, Learning, Training, Development and Education
by Last updated on December 5th, 2019 at 11:12 amQuality performance from the workforce is the need of every organization to stay in business in today’s …
Tag: FINANCE
Competency Mapping Analysis
Last updated on December 5th, 2019 at 11:17 am1) Identify key components of employee job descriptions – the critical points only. Focus on what characteristics and …
Preparations of Final Accounts
Last updated on November 28th, 2019 at 10:36 pmFinal account is the combination of income statement and balance sheet. The final account is prepared at …
Fixed Assets and Depreciation Accounting
Last updated on December 2nd, 2019 at 10:59 amFixed Assets are business purchases which will be used by the business for a few years. Examples …
Reconciliation of Financial and Cost Accounting
Last updated on December 2nd, 2019 at 11:23 amReconciliation of Cost and Financial Accounts is process to find all the reasons behind disagreement in profit …
Overhead Cost Allocations
Last updated on December 2nd, 2019 at 11:19 amThe allocation of certain overhead costs to produced goods is required under the rules of various accounting …
ABC Analysis
Last updated on December 2nd, 2019 at 11:17 amABC analysis is a method of analysis that divides the subject up into three categories: A, B …
Economic Order Quantity (EOQ)
Last updated on December 2nd, 2019 at 11:16 amEconomic order quantity (EOQ) is the ideal order quantity a company should purchase for its inventory given …
Inventory Valuation
Last updated on December 2nd, 2019 at 11:15 amInventory valuation is the cost associated with an entity’s inventory at the end of a reporting period. …
Classification of Capital And Revenue Expenditure
Last updated on December 2nd, 2019 at 10:58 amExpenditure on fixed assets may be classified into Capital Expenditure and Revenue Expenditure. The distinction between the nature of capital and …