Firstly, bank reconciliation are prepared monthly. As it is mentioned in the case, Khalid, prepares monthly bank reconciliations and reconciles the general ledger to the aged accounts receivable trial balance. Secondly, the actual cash receipts is deposited on a daily basis. As it is mentioned in the case, the cash is deposited in the bank the next morning by Diab. • Posting and summarizing: There are some controls where
in the financial statements. Substantive procedures require more detailed work and time consuming. It consists of test of details
Operations Department: Survival and success of any organization requires its operations to be tightly monitored and performed well. Askari Bank believes in handling its operations in an efficient way. A department has been specially designed to carry the operations held. The operations department has a hawk’s eye over all the departments working for the bank but certain departments are made a part of the operations
While the fears of overpopulation, pollution and exploitation of resources have been arising in the world, the concept of sustainable development reflects the view that land is a resource that must be preserved for future generation. There has been an increasing demand on land and its resources for shelter, food, better living conditions and an improved market economy. Land is the basic source of material wealth and a commodity that is always affected by the forces of demand and supply so it has
festival, held in India. The Kumbh Mela is held every twelve years on a rotational basis in four of the holiest Hindu places in India. Only a couple months before the Kumbh Mela takes place, a temporary city is created from scratch along the river bank to hold over eighty-million pilgrims. Over twenty-thousand street lights, thirty thousand toilets, thirty hospitals, thirty police stations, thirty fire stations, and shelter are created to accommodate the millions of pilgrims. After two months, all
CHAPTER TWO: CASE STUDY: AN ANALYSIS OF THE FISCAL RELATIONSHIP BETWEEN EQUITY BANK, THE WOMEN'S ENTERPRISE FUND AND WOMEN IN THE INFORMAL SECTOR . Female economic empowerment is influenced by access to finance and capital. This chapter seeks to analyze the extent of this assertion by critically assessing information attained through fieldwork across the aforementioned financial institutions and among women in the informal sector. The fieldwork was carried out over a period of two weeks within
1. INTRODUCTION: Managers throughout the ages worried and are still worrying about nature of errors that perhaps generate in any day organizational work routine. It could be in Product manufacturing, Manufacturing process or even in Services Offerings. The factual reason for this is that any workplace mistake can create loss of money and goodwill for the business and through management action leading to loss of job for the staff involved in the said known or unknown lapse. In today's critical scenario
CHAPTER 1 INTRODUCTION INTRODUCTION Along with all creations on earth, man is the best gift of God. Indian culture and values assert and copy the pride of man. It is man, the individual who is the centre, the premium and the best in the creations. "There is nothing greater than man" . Every human being is a unique glint in him; that spark contains unsuspected potentialities and possibilities. MEANING OF HUMAN RESOURCES From the national point of view, the human resources can be defined as the
Share Price A share price is the price of a single share of a number of saleable stocks of a company, derivative or other financial asset. In other terms, the stock price is the highest amount someone is willing to pay for the stock, or the lowest amount that it can be bought for. Behaviour of Share Prices In economics and financial theory, analysts use random walk techniques to model behavior of asset prices, in particular share prices on stock markets, currency exchange ratesand commodity prices
CONTENTS Title Page number CHAPTER-I Petroleum Industry Profile • Type of industry and its characteristics • Scope of industry in India • Market size and growth • Major players and market shares • Government initiatives and reforms • Demand analysis • Investments • Recent developments • Regulatory bodies • SWOT analysis • Facts and figures CHAPTER-II Oil and Natural gas Corporation Limited • Historical