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Explain the basis accounting unventories and describe the inventory cost flow methods

LIFO, which stands for "last in, first out," and FIFO, which stands for "first in, first out," are terms commonly used in inventory control, in cost accounting and in computer science. They all stand for literally the same phrases, but it means something different in each... »read more

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Basic Principles of Taxation

  The term “taxation” comes from Latin word “Taxation”. It means too determine he payable quantum on estimate. Taxing authority determines tax to be payable by the assesse. So Tax is the revenue collected by the Government from persons and organizations under... »read more

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The true liquidity refers to the ability of a firm to pay its short term obligations as and when they become due.

  The measurement of a firm's short run ability to pay its debts as they come due is a very important aspect of financial analysis. Most credit analysts use the current and quick ratios for this purpose. Many businesses find it necessary at some point to borrow funds. Lenders need to... »read more

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Payroll Accounting and Determination

Payroll Accounting: The term “payroll” pertains to both salaries and wages. Managerial, administrative and sales personnel are generally paid salaries. Salaries are often expresser in terms of a specified amount per month or per year rather than an hourly rate. For example: in... »read more

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CAMEL rating methodology has adapted to perform global risk assessments of MFIs

  Financial transparency is about the production, testing, dissemination and use of information related to an MFI's financial performance. Beginning with an MFI gathering and reporting accurate information, the sequence extends to verifying the information, then to analyzing, comparing, and... »read more

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these four jewelry are the items that need the WOW gamers

In a term, these four jewelry are the items that need the WOW gamers who want to offer them must achieve level 80. By the way, they are all deserving a sum of WOW gold.We encourage the most experienced Field combatants to get into the new Realm of World of warcraft International Field Competition... »read more

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An economic concept established by economist Richard Thaler.

  A concept first named by Richard Thaler (1980), mental accounting attempts to describe the process whereby people code, categorize and evaluate economic outcomes.  Definition:   An economic concept, which contends that individuals divide their current and future assets... »read more

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Palli Krama Sahayak Foundation

In recent years, micro credit, in its wider dimension known as microfinance, has become a much favored intervention for poverty alleviation in the developing countries and least development countries. There is scarcely a poor country and development oriented donor agency (multilateral,... »read more

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Generally Accepted Accounting Principles

  There are general rules and concepts that govern the field of accounting. These general rules—referred to as basic accounting principles and guidelines—form the groundwork on which more detailed, complicated, and legalistic accounting rules are based. For example, the... »read more

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