Definition of Consideration Definition of Consideration : Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual…
Distinction between Merger and Purchase Distinction between Merger and Purchase CLIENTS BENEFIT FROM USING AN INTERMEDIARY such as a CPA/valuator to handle a merger or acquisition. A valuator should know a…
Method of Accounting for Amalgamation Accounting for Amalgamations Purpose and Scope: This statement deals with accounting for amalgamations and the treatment of any resultant goodwill or reserves. It does not deal…
Amalgamation and Acquisition Amalgamation and Acquisition The combination of one or more companies into a new entity. An amalgamation is distinct from a merger because neither of the…
Value Added Tax Value Added Tax A type of consumption tax that is placed on a product whenever value is added at a stage of production and at final sale.…
Concept of Divisible Profit Concept of Divisible Profit The profits available for the distribution among the shareholders of a company as dividend are called divisible profits. The profits are calculated by comparing…
What is Meant by Balance Sheet? What is Meant by Balance Sheet? A balance sheet is an accounting statement prepared from accounting balances at a given date. It shows the financial…
Financial Performance of Square Pharmaceuticals Introduction: This internship report is generated under the supervision of A.N. M. Asaduzzaman Fakir, Department of Accounting & Information Systems, Jagannath University, Bangladesh. This internship…
Process of Issuing Bonus Shares What are bonus shares? Bonus shares are shares allotted to the existing members of the company pro rata with the shares they already hold and the shares…
Profit and Loss Account Definition: Profit and Loss Account is a standard financial document that summarizes a company’s revenue and expenses for a specific period of time, usually one quarter…
What is Meant by Final Account? What is Meant by Final Account? Final accounts are the means of conveying to the management, owners and interested outsiders a concise picture of profitability…
What is Meant by Debenture? What is Debenture? A debenture is a term which refers to long term debts or loans made by a borrower / borrowers which are unsecure…