Forensic accounting is an area of accounting that uses accounting, auditing, and investigative skills to conduct investigations into theft and fraud.
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Ratio is an expression of the mathematical relationship between one quantity and another. The relationship may be expressed either as a percentage, a rate, or a simple proportion.
- Management Consultancy
Management Consultancy is an investigation of an organization by an independent body in order to evaluate its organization with a view to
- Depreciation Methods
Depreciation is generally computed using one of the following methods: Straight-line, Units-of-activity, Declining-balance...
A business owned by one person is generally a proprietorship. The owner is often the manager/operator of the business. Small service-type businesses...
- Return on common stockholders’ equity
Return on common stockholders’ equity refers to a measure of profitability that shows how many dollars of net income were earned for each dollar invested...
- Subsidiary ledger
A subsidiary ledger that collects transaction data of individual creditors. Companies use subsidiary ledgers to keep track of individual balances.
- Plant Asset Disposal
The accounting for disposal of a plant asset through retirement or sale as follows: (a) Eliminate the book value of the plant asset at the date of disposal.