Cash Audit
Accounting

Cash Audit

Cash Audit Audit of cash receipts and payments only is known as cash audit. The auditor should be careful while conducting cash audit because there…
Objectives of Cost Audit
Accounting

Objectives of Cost Audit

Cost Audit is concerned with the vinification of the correctness of the cost records or cost accounts maintained in a business concern. This aspect will…
Lyonsite: Properties and Occurrences
Geographic Minerals

Lyonsite: Properties and Occurrences

Lyonsite [Cu3Fe3+4 (VO4)6] is a rare black vanadate mineral that is opaque with a metallic luster. It is an orthorhombic-dipyramidal black mineral containing copper, iron,…
Advantages of Cost Audit to the Government
Accounting

Advantages of Cost Audit to the Government

Cost Audit represents the verification of cost accounts and checks on the adherence to cost accounting plan. It’s objective is to detect errors and prevent…
Advantages of Cost Audit to the Society
Accounting

Advantages of Cost Audit to the Society

Cost audit establishes the accuracy of cost accounts and will assist in the prevention of errors and frauds. It provides necessary information for prompt decision…
Advantages of Cost Audit to the Shareholders
Accounting

Advantages of Cost Audit to the Shareholders

Cost audit reveals whether any of the products of the company are making losses. It will help management in taking important decisions because prompt, accurate…
Advantages of Cost Audit to the Management
Accounting

Advantages of Cost Audit to the Management

Cost audit as the name suggests is an audit of cost records. It stands for the verification of cost accounts and checks on the adherence…
Writing Tips on Gratitude Letter for Referring your Company
Management

Writing Tips on Gratitude Letter for Referring your Company

Thank you letters, graciously and sincerely written, are essential in the business world. Gratitude letters are a great way to express your appreciation for people’s…
Objectives of Management Audit
Accounting

Objectives of Management Audit

Management Audit is the methodical and detached assessment, study and evaluation of managements in general performance. The main objective of this Audit is to find…
Functions of Management Audit
Accounting

Functions of Management Audit

Management Audit helps management in setting sound and effective targets. It is the method of evaluating the total efficiency of the management from the top level to…
Concept of Management Audit
Accounting

Concept of Management Audit

Concept of Management Audit Management audit is an emerging concept of auditing. It is an assessment of how well an organization’s management team is applying…
Advantages and Disadvantages of Management Audit
Accounting

Advantages and Disadvantages of Management Audit

Management audit is an audit of the management. It analyses the different ways to overcome in efficiencies or weaknesses. It is generally conducted at the…
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