PROJECT REPORT ON MUTUAL FUND PRESENTED TO: Arpita Ma’am PRESENTED BY: Khushboo Sharma Tanuja Joshi Shaluni Khetwani Nidhi Gandhi
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The Employee’s provident fund and miscellaneous provisions Act‚ 1952 Introduction The Employees Provident Fund is set up under the Central Act viz. Employees Provident Fund and Miscellaneous Provisions Act‚ in the year 1952. It is applicable throughout the country (except Jammu and Kashmir) * It is applicable to almost all establishments falling under the industries/class of establishments‚ wherein 20 persons are employed. * In the case of cinema theatres workers‚ it is applicable to
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A pension fund shall be a pool of assets‚ established under a contract and not having legal personality‚ owned jointly by several persons in a partial ownership and the ownership shares represented by units in the pension fund. Each unit shall represent the ownership of a proportional part of the assets held in the pension fund structure. The pension fund shall be managed by a management company according to a pension fund contract with the unit-holders‚ with the objective to increase the
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Alabama State University College of Business Administration ACT 532 Advanced Fund Accounting Exam III November 20‚ 2012 1) Governments must report nonspendable fund balance in a governmental fund ’s balance sheet for A) Inventory. B) Prepaid assets. C) Land. D) All of the above. E) Items A and B only. Answer: 2) The following benefits are examples of other postemployment benefits (OPEB) except for A) Health care insurance. B) Pension benefits. C) Vision insurance. D) Life insurance
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Nowadays‚ almost all universities in the Malaysia offer a similar program such as accounting and medical program either for diploma‚ degree‚ Ph.D or master. The statistic for job employment for accountants and doctors has arisen as they need more of them. Accounting and medical program are demanded program for certain universities like UNIMAS because the quota is limited. The accounting program is great for students who can deal with numbers and analysis‚ have an interest in business and avid eye
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For individuals that are interested in starting their own nonprofit should be aware that they will not be in full control of the organization. It is not like starting a business where the founder would be in control of everything. In the nonprofit sector the board will be handling majority of the decisions and strategic planning for the organization. In addition‚ there are several types of boards that are used in the nonprofit sector. For instance‚ one type of board is the advisory board. However
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The name of the article selected is called Nonprofit Conflict of Interest: A 3-Dimensional View. Jan Masaoka wrote the article back in July of 2010. She is a writer for Blue Avocado‚ which is a magazine for American non-profit. Blue Avocado is the semi-monthly newsletter of American Nonprofits‚ a membership organization that provides practical financial information and support to U.S. 501(c)(3) nonprofit organizations‚ staff‚ stakeholders and volunteers. The article I chose related to conflict of
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DIFFERENCES BETWEEN CONVENTIONAL AND ISLAMIC ACCOUNTING ABSTRACT The concern of this project paper is to explore the differences between Islamic accounting and its conventional counterpart. The distinctions need to be addressed as both accounting is presently thought of many people as synonymous. There is danger for such kind of perception because the basic building blocks for respective accounting are worlds apart. As for professional accountants who have been taught on the idea for accounting to be
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areas of Kenya. Acumen’s core goal is to invest in ventures that make an impact in the Base of Pyramid sector and that show potential to scale while bringing in a return on investment for Acumen. Ecotact ranks high in its commitment to the Acumen Fund mission because it focuses on providing a solution for the sanitary need in the Base of Pyramid space within Kenya. Furthermore‚ Ecotact shows significant potential to scale by adopting the franchise model. According to the assumptions given in the
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Amortization (or amortisation) is the process of decreasing‚ or accounting for‚ an amount over a period. When used in the context of a home purchase‚ amortization is the process by which loan principal decreases over the life of a loan. With each mortgage payment that is made‚ a portion of the payment is applied towards reducing the principal‚ and another portion of the payment is applied towards paying the interest on the loan. An amortization table shows this ratio of principal and interest and
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