IAS 18 Income is defined as the increase in economic benefits. This is achieved through increase in assets or decrease in liabilities. And this would ultimately result in the increase in equity. Revenue is income generated through: sales‚ fee‚ interest‚ dividends and royalties. Objective of IAS 18 is to tell the accounting treatment of revenue. Revenue is recognized when it is certain that economic benefits would arise and if these benefits are measurable. Previous IAS 18 was approved
Premium Balance sheet Generally Accepted Accounting Principles Microeconomics
Audit and Assurance (International) Wednesday 9 December 2009 Time allowed Reading and planning: Writing: 15 minutes 3 hours ALL FIVE questions are compulsory and MUST be attempted. Do NOT open this paper until instructed by the supervisor. During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet until instructed by the supervisor. This question paper must not be removed from the examination hall. The Association
Premium Auditing Audit
LIC Compare Key Features & Policy Benefits‚ Compare Life Insurance‚ LIC Policy‚ Guides‚ Best LIC Policies - Save TAX with New LIC policy. Apply Now for jeevan saral policy.Here is a Great Plan to Save Tax. Get Handsome Returns on Maturity. Tax Savings Scheme | Tax-Savings-Scheme‚ Find Useful Information about Tax Savings Scheme! Tax Benefit - Life Insurance Corporation of India- How to Save Income Tax‚ Get Handsome Returns on Maturity? Here is a Great Plan to Save Tax. Financial Calculators &
Premium Investment Income tax
is submitted towards the partial fulfillment of 2 – year‚ full time Post Graduate Diploma in Management. This work has not been submitted anywhere else for any other degree/diploma. The original work was carried during 15th May to 15 June‚ 2010 in LIC OF INDIA‚ Balotra (Rajasthan) Name & Sign of Faculty Prof. Nupur Mishra Date: Acknowledgment I am hearty grateful to Mrs. Renu Luthra (director). She have always been an invaluable source of inspiration had work‚ sincerity and dedication
Premium Insurance Life insurance
EXECUTIVE SUMMARY Project entitled “A Project on Financial Performance Analysis at Milma ERCMPU Edappally” is conducted to analyze the financial performance of Milma. It helped in knowing the financial efficiency and weakness of the concern and also to draw inference about the present position of the company. Kerala – Cooperative Milk Marketing Federation (KCMMF)‚ popularly called Milma was established in April 1980 with its head office at Thiruvananthapuram for the successful implementation of
Premium Milk Balance sheet Financial ratio
Project on Financial Performance Analysis Finance is the life-blood of business. It is rightly termed as the science of money. Finance is very essential for the smooth running of the business. Finance controls the policies‚ activities and decision of every business. “Finance is that business activity which is concerned with the organization and conversation of capital funds in meeting financial needs and overall objectives of a business enterprise.”- Wheeler Financial management is that managerial
Premium Management Finance Financial statements
Project report LIC House loans and othe type of policies Submitted By: Raju Somani Life Insurance Corporation Company Brief LIC Housing Finance Ltd. (LICHFL) is one of the largest housing finance companies in India. Almost 93% of the company’s loans are to retail customers and the balance 7% to project developers. The promoter‚ namely LIC of India‚ meets 8% of the total fund requirements
Premium Insurance Life insurance Endowment policy
Island City high rises. Detail of 1896 map of Long Island City‚ from the Greater Astoria Historical Society Country United States State New York County Queens City New York City ZIP code 11101-11106‚ 11109‚ 11120 Area code(s) 718‚ 347‚ 917 LIC General Post Office‚ 11101 Gantry cranes in Gantry Plaza State Park on the Long Island City waterfront Long Island City (L.I.C.) is the westernmost neighborhood of the New York City borough of Queens. L.I.C. is notable for its rapid and ongoing
Premium New York City
report on the assigned organization‚ Grameenphone ltd. The report focuses on financial performance evaluation of Grameenphone ltd and compares GP with the only other telecommunication company listed in the stock market‚ which is Bangladesh Submarine Cables Company ltd. (BSCCL). The report‚ titled Financial Performance Evaluation of Grameenphone Ltd has been prepared for the completion of the course Introduction to Financial Management. In writing this case‚ we have followed your instructions for report
Premium Financial ratio Financial ratios
Summer Training project Report PROJECT REPORT FOR THE PARTIAL FULLFILLMENT OF THE REQUIREMENT FOR MASTER OF BUSINESS ADMINISTRATION ON “Analysis of Indian cement Industry & Financial performance of ACC LTD” IN “ACC CEMENT LIMITED” Submitted to: - Submitted by:SHIVALI KAMAL Semester -III RBS/PGPM/SPR09/006 Course: MBA+PGPM Batch: SPR-09/11 1 TABLE OF CONTENTS Sr. No. 1) 2) 3) 4) Contents Preface Acknowledgement Declaration Executive Summary Page No. 5) (A) (B) (C ) Introduction
Premium Inventory Working capital