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submitted by Ramesh (0 m) on 11 Oct 2012 14:44:01 IST
Microeconomics - Understand the Law of Demand and SupplyBy Kyle J NortonMicroeconomics is a concern with 1. Determining the price we pay for products and services. 2. What output is required by the market place. 3. The impact of the government's intervention in market forces. Understand the microeconomics will help us to analyze the fundamental nature of supply and demand concepts and how they influence the operation of a market economy.A. Demand In terms of microeconomics,demand is defined as the relationship between the price of a product and the consumer willingness to purchase a certain quality.The law of demand also determine the price and quality sold, if
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submitted by Tulika (0 m) on 11 Oct 2012 14:40:07 IST
The Indian Economy - A Quick ProfileBy Stuart P MitchellAlongside those of Brazil, Russia, China and South Africa, the Indian economy forms BRICS, the group of nations with the fastest growing economies in the world. These nations represent the next generation of economic superpowers, however, India and China in particular are already establishing themselves amongst the largest and most potent industrial powers on the planet.The StatisticsThe considered size of the Indian economy varies depending on which metric is used to gauge it. According to the latest measurements of Gross Domestic Product - a reading of the output of a nation's workforce - it is currently
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submitted by Madhavi (0 m) on 11 Oct 2012 14:37:47 IST
Scope of AccountingBy Randika Lalith AbeysingheManagement Accounting and Cost AccountingManagement or cost accounting is a management information system which analysis data to provide information as a basis for managerial action. The concern of a management accountant is to present accounting information in the form most helpful to management.Financial AccountingFinancial accounting is mainly a method of reporting the results and financial position of a business. It is not primarily concerned with providing information towards the more efficient conduct of a business. This is particularly clear in the context of the published accounts of limited companies. Accountin
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submitted by Hardik (0 m) on 11 Oct 2012 14:28:21 IST
Partnership Accounts - Basic ConceptsAuthor: BennyA business may be organized in the form of a sole proprietorship, a partnership firm or a company. The sole proprietorship has its limitations such as limited capital, limited managerial ability and limited risk-bearing capacity. Hence, when a business expands, it needs more capital and involves more risk. Under such circumstances more than one person join together for conducting the business.In order to run the business, they agree to share the capital, the management, the risk and the profit and loss of the business. Such mutual relationship based on agreement among these persons has been termed as partnership. The
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submitted by Monika (0 m) on 17 Jun 2011 16:34:34 IST
These days, Chartered accountancy as a career is alluring many young people as we can see a rapid growth in the sector. CA CPT is an entry level exam for every aspirant, who wishes to kick start his/her career in this field. This exam is conducted by a statutory body – the institute of Chartered Accountants of India (ICAI) twice in a year – in the months of June and December. On 19th June, CPT (Common Proficiency Test) is going to be held in Paper-pencil mode in across India. Exam PatternCPT exam can be divided into two sessions of 2 hours each – Session 11. Fundamentals of accounting – 60 Marks2. &nbs
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submitted by Alok (2 m) on 10 Dec 2009 13:11:49 IST
Common Proficiency Test (CPT) is the first gateway for making a career in accountancy. This entry level exam conducted by the Institute of Chartered Accountants of India (ICAI) for identifying the students with an aptitude for Chartered Accountancy. In this entrance exam, it includes a test of four subjects. These subjects are Accounting, Mercantile Laws, Economics and Quantitative Aptitude carries 200 marks each. There are some tips for cracking the CA CPT Exam. The first requirement for cracking the CPT exam is to think positively. You should believe in yourself that you can crack the exam. For clearing the exam, it is not essential that you should be very inte
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submitted by monika (0 m) on 9 Nov 2009 17:19:29 IST
The Common Proficiency Test (CPT), an entry level examination for Chartered Accountancy Course, comprises of a test of four subjects i.e. Accounting, General Economics, Mercantile Laws and Quantitative Aptitude. This exam is of 200 marks and this test can be divided into two sessions of two hours each. This is a simplified way to the course of Chartered Accountancy CPT exam will replace existing professional education (Course – I) that requires 10-month study period followed by an exhaustive theoretical examination This entrance exam is an objective type test to be held every February, May, August and November. It will reduce long waiting for entry to
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1. Which of the following is not a sub-field of accounting?(a) Management accounting.(b) Cost accounting.(c) Financial accounting.(d) Book-keeping.2. Revenue from sale of products, is generally, realized in the period in which(a) Cash is collected.(b) Sale is made.(c) Products are manufactured.(d) None of the above.3. The determination of expenses for an accounting period is based on the principle of(a) Objectivity.(b) Materiality.(c) Matching.(d) Periodicity.4. It is essential to standardize the accounting principles and policies in order to ensure(a) Transparency.(b) Consistency.(c) Comparability.(d) All of the above.5. Change in accounting estimate means(a) Diffe
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An exigent profession, chartered accountancy offers job opportunities in the areas of accounting, auditing, corporate finance, company and other business laws, project evaluation, taxation and corporate governance. Comprehensive knowledge blended with practical training is what a chartered accountant enjoys through unique academic programme, which is in good demand for business and industry in the advent of privatization and globalization of Indian economy.All the countries have their own Accountancy Association which regulates the quality and quantity of these professionals. In India it is the Institute of Chartered Accountants of India (ICAI) which does the
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submitted by Tenzin H (5 m) on 13 Jan 2009 18:12:21 IST
Chartered Financial Analysts may be required to work as finance, investment or research analyst with investment banks, mutual funds, hedge funds, commercial banks, insurers, brokerage houses etc. Equity analysts who research company stocks and give recommendations of buy or sell are also in demand. Credit analysts who rate credit worthiness of different companies are also sought after. Opportunities are also available for independent work as investment advisors and consultants. Valuation experts are also in great demand. CFAs are the need of the hour especially those having analytical and integrative skills, technical and functional skills and integrity and ethical
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With the escalating competition in the field of business and global markets, organizations are looking for the best professionals in all fields. And the fight to become a professional starts from the very first time you think of entering a college. Today, Multi-nationals look for executives who have pursued their professional training from country’s best college, university or school that too with exceptional percentile. If this is your first step towards professional education and you are still thinking to which college to choose then analyze this. There are always numerous colleges that are available to you as options. You can find the entire list online tod
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