AccountingCash 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…
AccountingObjectives 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…
Geographic MineralsLyonsite: 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,…
AccountingAdvantages 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…
AccountingAdvantages 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…
AccountingAdvantages 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…
AccountingAdvantages 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…
ManagementWriting 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…
AccountingObjectives 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…
AccountingFunctions 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…
AccountingConcept 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…
AccountingAdvantages 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…