This article is an overview of “IFRS 9 – Financial Instruments”, one the most complex reporting standards. All the important…
A policy manual is an internal document of an organization containing guidance for employees to follow the policies and practices…
Control ratios are ratios used by management to compare actual performance with expected performance. These ratios help the management in…
An organization is centralized if authority and power of decision-making is held by one person or a small group of…
Organizational structure refers to the way an organization is set up to perform different activities. It lays out the responsibilities…
An organizational chart is a diagram that shows the structure of an organization. It depicts the responsibilities and relationships of…
Dictionary meaning of organization is “a group of people who work together in an organized way for a shared purpose”…
Financial statements are prepared for the users of the financial statements to provide relevant information for their decision-making needs. Users…
Profitability ratios are financial indicators of an entity’s ability to generate profits. Financial analysts have designed various profitability ratios which…
Efficiency ratios, also known as activity ratios, are financial indicators of an entity’s short-term financial performance. These ratios look at…