Business

AUDITING (def.) -involves obtaining evidence regarding financial assertions of management. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures on the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management as well as evaluating the overall financial statement presentation.

The terrorist attacks of September 11, 2001 are unique in their scope and frightful impact. Even though if we do not have any loved one who died in that traumatic attack, we all have been touched, at least indirectly by their deaths. Since, our country has never experienced event of this extent before; we are left with a very little information as how the people could have coped with this act of terror.

Financial Information analysis is oriented towards the achievement of definite objectives. In order that the analysis is best accomplishing these objectives, the first step is to define them carefully........

It is generally said that the main reasons for introducing budgetary control and standard costing system is to motivate the managers to achieve goals of organization.........

Everyone understands the advantages of growth investing. Bet on a company with a hot new technology or a great retailing idea, and as the business expands, the share price will soar. Growth and Income Funds seek to combine long-term capital growth and current income..........

Banking system in several European countries where commercial banks make loans, underwrite corporate debt, and also take equity positions in corporate securities...........