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Assets and liabilities are very important aspects of the business. Verification means the inspection of assets appearing in financial statements, whether the assets are according…

Loparite-(Ce) is a granular, brittle oxide mineral of the perovskite class. It is a brown to black mineral; a variety of perovskite containing alkalies and…

Some Common Methods of Valuation of Assets Asset valuation is the process of determining the current value of company assets, such as stocks, buildings, equipment,…

Lonsdaleite also called a hexagonal diamond in reference to the crystal structure, is an allotrope of carbon with a hexagonal lattice. The great heat and…

Dissimilarities between Valuation and Verification of Assets Valuation and verification of assets are complementary to each other. Valuation implies significant assessment and testing of determined…

Loellingite, also spelled löllingite, is an iron arsenide mineral with formula FeAs2. It is a mineral consisting of a tin-white iron arsenide that is isomorphous…

Common dissimilarities between Verification and Vouching Verification is made on the basis of vouching. So, verification is a part of vouching. Verification means “to validate”…

An audit report is an appraisal of a small business’s complete financial status. The preparation of an audit report is the last work of audit.…

Contents of the Audit Report The auditor should check the books of accounts and balance sheet and need to prepare the audit report addressing to…

Lizardite, which is much more common, forms a solid solution series with népouite. Extremely fine-grained, scaly lizardite (also called orthoantigorite) comprises much of the serpentine…

Népouite is a rare nickel silicate mineral which has the apple green color typical of such compounds. It is a mineral consisting of a hydrous…

Audit of Educational Institutions Audit of books of educational institutions like school, college, universities, etc. or other such institutions which are engaged in the educational…