• Skip to main content
  • Skip to primary sidebar
  • Investment
  • Human Resource
  • Business Management
  • Marketing
  • Economics
  • Accounting

The Investors Book

Learn about Investing & Business related terms

Anjali J

Inflation

April 30, 2020 by Anjali J Leave a Comment

Definition: Inflation implies acceleration in the universal price level or moderate level of prices, of all goods and services. In microeconomics, the price of goods is determined when the demand is equal to its supply. Precisely, any factor that either reduces supply or increases demand creates Inflation and when the general price level continues to rise over a long time, it … [Read more...] about Inflation

Internal Audit

April 27, 2020 by Anjali J Leave a Comment

Definition: Internal Audit indicates an independent assessment of activities inside an organization to inspect financial, accounting and other, day-to-day business practices. It gets along with a steady and crucial review of the management's operating and financial activities reporting to the board of directors. It provides assurance on governance and internal control checks … [Read more...] about Internal Audit

Outsourcing

April 24, 2020 by Anjali J Leave a Comment

Definition: Outsourcing implies getting work done from the outside bodies. The companies generally use this process to deploy the non-core but relevant sector of their business. For this, two companies draft a legal agreement for the exchange of payments and services. For an action to be called ‘outsourced’ it should be: A recurring action. An action that the firm … [Read more...] about Outsourcing

Strategic Management

April 21, 2020 by Anjali J 1 Comment

Definition: Strategic Management is understanding the management's aim and making a strategy to accomplish such aims by efficiently utilizing an organization's resources. It is mainly concerned with describing the management about its environment, developing strategies to comply with that environment and assuming that the application of strategies takes place. In short, it … [Read more...] about Strategic Management

Auditor

April 17, 2020 by Anjali J 1 Comment

Definition: An auditor is a body who organizes an audit process. He is the one who creates an audit report after due examination of accounting records and accounting statements of the company forming his impression/assumption regarding financial statements fairness and reliability. Content: Auditor Qualification of an Auditor Qualities of an Auditor Responsibilities … [Read more...] about Auditor

Shares

April 13, 2020 by Anjali J Leave a Comment

Definition: Shares are the smallest unit of the company's capital or can be said as a unit of equity. The holder of such shares in a company is known as "Shareholders" (the owners of the company). These shares can be issued to the public for raising the funds of the company for its expansion. The market used for trading of shares is known as “Share Market” which deals in … [Read more...] about Shares

Bank Reconciliation Statement

April 9, 2020 by Anjali J Leave a Comment

Definition: Bank reconciliation statement is a statement made by a firm to obtain the balance of the passbook through the balance of cash book by making certain adjustments or finding the balance of the cash book by taking the balance of passbook on a precise date. It is prepared to understand the precise position of the transactions and to make sure that no blunder has … [Read more...] about Bank Reconciliation Statement

Gross Domestic Product (GDP)

April 6, 2020 by Anjali J Leave a Comment

Definition: Gross Domestic Product (GDP) is the total market value of the services and final goods formed within a nation's boundaries in a financial year. It is used to measure the comprehensive achievement of an economy. The nations' GDP growth is calculated with an increase in the GDP from the previous year to the current year, which can be calculated yearly or … [Read more...] about Gross Domestic Product (GDP)

Non-profit organization

April 2, 2020 by Anjali J 1 Comment

Definition: Non-profit organization are established to provide aid to society, such as developing charity, commerce and religion. However, it has a separate legal entity other than its members, and their primary objective is to provide services without the intention of earning profits in return like trading organizations. The main source of earning for such organizations are … [Read more...] about Non-profit organization

Vouching

March 30, 2020 by Anjali J Leave a Comment

Definition: Vouching is a procedure followed in the process of the audit to authorise the credibility of the entries entered in the books of accounts. In simple and easier words, it is a precise investigation of the presented documents of the firm by an auditor to check the correctness and accuracy of such documents. It is the foremost step of the auditing process based on … [Read more...] about Vouching

  • « Go to Previous Page
  • Go to page 1
  • Interim pages omitted …
  • Go to page 14
  • Go to page 15
  • Go to page 16
  • Go to page 17
  • Go to Next Page »

Primary Sidebar

Most Searched Terms

  • Budget Line
  • Cost Accounting
  • Moral Suasion
  • Financial Intermediaries
  • Benchmarking
  • Sources of Recruitment
  • Human Resource Management (HRM)
  • Sales Budget
  • Cash Management
  • Investment Portfolio Management

Recent Additions

  • Downsizing
  • Indirect Investing
  • Succession Planning
  • Marketing Myopia
  • Service Culture
  • Investment Decision
  • Job Costing in Cost Accounting
  • Sinking Fund Method
  • Reverse Stock Split
  • Meta Market

Categories

  • Accounting
  • Audit
  • Banking
  • Business Management
  • Case Study
  • Economics
  • Finance
  • Human Resource
  • Investment
  • Marketing
  • Operations Management

Copyright © 2023 · The Investors Book · Contact Us · About Us · Privacy