Business-Government-NGO-Professional revenue
What are the difference between Business versus Govt. versus NGO revenue versus Professional revenue?
Expert
Business versus Govt. versus NGO revenue versus Professional revenue:
Business revenue signifies net sale by business organization and as well included other incomes such as dividend, interest and rent.
Government revenue signifies all revenue such as income tax, excise duty and other tax that is collected by Government from public and in revenue this, we too comprise all other revenue of Government departments.
NGO revenue is the income from donation and subscription fees through donors.
Professional revenue is the income for giving professional services.
Write down the importance of measuring an internal audit department?
A term usually referring to a financial audit is a set of procedures performed by accountants from a certified public accountant (CPA) firm. The procedures are designed to investigate and verify the accounting information that manage- ment puts in financial report. When the audit i
A signed letter from the auditor of a company, included in the annual report, that state whether or not the finan- cial statements fairly present the results of operations and the financial position of the company. An annual audit is required by the Exchange and Securities Commissi
What to do after the audit?
From the case description and the associated flowcharts, assess Bradmark’s internal controls over its expenditure cycle procedures.
Internal Controls: Internal control includes the plan of organization and all of the coordinate techniques adopted within a business to defend its assets, ensure the accuracy and consistency of its accounting data, encourage operational efficiency, an
Explain briefly statutory audit?
Marketing audit for goods and service industry: This basic concept of marketing audit applies to both material goods and service industry. The marketing audit is a powerful tool with banking industry throughout world. Banking world to
Write down the techniques which are used throughout an audit?
Define Revenue in terms of Accountancy in brief?
18,76,764
1927422 Asked
3,689
Active Tutors
1447529
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!