Day: October 6, 2020

Objectives: Introduce concepts of international trade as the basis for international finance Set out the basic theories underpinning international trade Highlight the elements that constitute international financial environment We introduce the concept of international finance by first looking at the Read More …

Contract costing is a costing technique which is applied in accumulating the cost of large scale jobs. It is also called terminal costing. Characteristics of Contract Costing – There is a high proportion of direct cost since almost all the Read More …

This topic discusses the identification, measurement, and disposition of intangible assets. These assets provide the entity that owns them with some kind of preferred position because of certain rights or special privileges they are allowed. Intangible assets are valued at Read More …

This is a statement prepared to reconcile the adjusted cashbook balance and the bank statement balance. A bank account is maintained in the business to record all the cheque receipts and payments, cash deposits and withdrawals. On the other hand Read More …