FinanceDescribe Loan Classification and Provisioning Loan Classification and Provisioning Loan classification is required to have a real picture of the loan and advances provided by the Bank. It helps to…
FinanceWhom the Bank Grant Credit, Is the Borrower Creditworthy? Eligibility of getting loan: Whom the bank Grant Credit, Is the Borrower Creditworthy? The question that must be dealt with before any other is whether…
FinanceDescribe Appraisal of Credit Proposal Appraisal of credit proposal Any types of lending procedure starts with building up relationship with customer through account opening. Control of credit operations is done…
FinanceDefine Credit Management and Credit Risk Definition of Credit Management Credit Management is a branch of accountancy, and is a function that falls under the label of “Credit and Collection’ or…
FinanceDescribe Types of Credit Made by the Premier Bank Types of credit made by the Premier bank Modern banking operation touches almost every sphere of economic activity. The extension of bank credit is necessary…
AccountingDescribe Financial Statements as a source of Accounting Information Financial Statements as a source of Accounting Information Many individuals and organizations use financial statements to improve business decisions. Investors and creditors use them to…
AccountingDefine Accounting Information System Accounting Information System Accounting is the system used to provide useful financial information. Differently stated, Accounting is an Information system that identifies records and communicates…
AccountingDescribe Elements of Financial Statements Elements of Financial Statements Basic Elements Assets: Probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or…
AccountingDescribe Qualitative Characteristics of Accounting Information Qualitative Characteristics of Accounting Information Concepts Statement no. 2 identifies primary and secondary qualitative characteristics of accounting information that distinguish better (more useful) information from…
AccountingDescribe Conceptual Framework of Accounting Conceptual framework of Accounting: Conceptual framework -Coherent set of rules and standards for comparability and consistency. On the other hand, Conceptual frameworks are a type…
FinanceDefine Import Policy for Banks Perspective What is import? Import means lawfully carrying out of anything from one country to county for Buying. It will be occurred according to the Government…
FinanceDescribe Foreign Exchange Policy of IBBL Foreign Exchange Any branch of IBBL deals with the three parts of activities. Threes are: A. General banking (GB) B. Investment And C. Foreign Exchange.…