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Difference between Management Accounting and Financial Accounting- B.Com/ BBA/ MBA/ M.Com notes

January 23, 2022 commerceiets No Comments

In this post you will study Difference between Management Accounting and Financial Accounting. Study and make the proper notes grabbing full understanding of this topic. MANAGEMENT ACCOUNTING Management Accounting is the Identification, Measurement, Accumulation, Analyses, Preparation, Interpretation and Communication of information that assists managers in fulfilling organizational objectives. Management accounting is all about supplying right…

KEY DIFFERENCES, MANAGEMENT ACCOUNTING NOTES

Management Accounting Nature and Scope

January 23, 2022 commerceiets No Comments

MANAGEMENT ACCOUNTING NATURE AND SCOPE In this post you will study management accounting nature and scope. Study and make the proper notes grabbing full understanding of this topic. Management Accounting is the Identification, Measurement, Accumulation, Analyses, Preparation, Interpretation and Communication of information that assists managers in fulfilling organizational objectives. Management accounting is all about supplying…

MANAGEMENT ACCOUNTING NOTES

GLOBAL TRADING ENVIRONMENT

September 14, 2020June 9, 2025 commerceiets

Discuss the Global Trading Environment of recent times and its implications for Indian Economy? GLOBAL TRADING ENVIRONMENT The Global Trading Environment consists of trade negotiations between nations to form agreements by giving away some of their sovereign rights for a common mutual beneficial goal. The concept of global trading environment is based on the principle…

INTERNATIONAL BUSINESS

REASONS FOR DOING INTERNATIONAL BUSINESS DETAILED NOTES

August 20, 2020February 18, 2025 commerceiets

REASONS FOR DOING INTERNATIONAL BUSINESS EXPLAIN THE RATIONALE OF COMPANIES GOING GLOBAL? The rationale of the companies going global is supported by various reasons. The business expanding globally can enjoy the benefits of generation of more revenue, competing for the new sales or increasing market share, new investment opportunities, diversifying the business, enjoying economies of…

INTERNATIONAL BUSINESS

MODE OF ENTRY INTO INTERNATIONAL BUSINESS

August 18, 2020February 28, 2025 commerceiets

DISCUSS THE DIFFERENT MODE OF ENTRY INTO INTERNATIONAL BUSINESS? INTERNATIONAL BUSINESS: International business consists of business transactions between parties from more than one country. The parties involved in such transactions may include private individuals, individual companies, groups of companies, or governmental agencies. MODE OF ENTRY INTO INTERNATIONAL BUSINESS Mode of entry may be defined as…

INTERNATIONAL BUSINESS

IMPACT OF GLOBALIZATION

July 21, 2020 commerceiets No Comments

Discuss the impact of Globalization on the developing countries with special reference to India? Globalization is a process of interaction and integration among the people, companies and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political…

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INTERNATIONAL BUSINESS

July 18, 2020February 7, 2025 commerceiets

Compare and contrast international business with domestic business. Also explain the complexities of the international business? INTERNATIONAL BUSINESS: International business consists of business transactions between parties from more than one country. The parties involved in such transactions may include private individuals, individual companies, groups of companies, or governmental agencies. ACCORDING TO DENIAL AND LEE “International…

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KEY DIFFERENCES, INTERNATIONAL BUSINESS

CONTRACT OF SALE OF GOODS

May 17, 2020March 25, 2025 commerceiets

CONTRACT OF SALE OF GOODS 1930 Contract of sale of goods is a contract in which the seller transfers or agrees to transfer the property in goods to the buyer for a price. According to Section 4 of the Sales of Goods Act, 1930 Contract of sale of goods means “a contract where by the seller transfers…

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COMMERCIAL LAW

CONTRACT OF AGENCY

April 9, 2020March 25, 2025 commerceiets

CONTRACT OF AGENCY Agency can be defined as the relationship between two persons, wherein a person has the authority to act on behalf of another, bind him/her into a legal relationship with the third party. There are two parties in a contract of agency – principal and agent. Contract of Agency is based on the…

DIFFERENCE BETWEEN LLP AND PARTNERSHIP

April 6, 2020February 9, 2025 commerceiets

DIFFERENCE BETWEEN LLP AND PARTNERSHIP LIMITED LIABILITY PARTNERSHIP A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. Limited Liability Partnership (LLP) is a new corporate form that enables professional knowledge and entrepreneurial skill to combine, organize and operate in an innovative…

KEY DIFFERENCES, BUSINESS MANAGEMENT, COMMERCIAL LAW, PARTNERSHIP ACCOUNTS