Horizontal analysis and vertical analysis are both financial analysis techniques used to assess the performance and financial health of a …
Read moreWhat are Horizontal Analysis and Vertical Analysis? Give Example.
First Appraisement and Second Appraisement are terms used in the context of customs valuation, particularly in some countries’ customs procedures. …
Read moreWhat are the First Appraisement and Second Appraisement of imported goods?
Provisional assessment and final assessment are two stages in the process of customs clearance and duty determination of imported goods. …
Read moreWhat are Provisional Assessment and Final Assessment of imported goods?
The value of goods for assessment purposes can vary depending on the context. Generally, in customs and taxation, goods are …
Read moreWhat are the Methods of value of goods for customs assessment?
Financial leverage refers to the use of debt (borrowed funds) to finance the acquisition of assets or investments to increase …
The Fraud Triangle is a conceptual framework developed by criminologist Donald Cressey to explain the factors that contribute to fraudulent …
Read moreWhat is the Fraud Triangle? What is the role of Auditors in the Fraud Triangle?
An internal audit checklist on accounts receivables helps ensure that a company’s accounts receivable process is efficient, accurate, and compliant …
What is IGM? An Import General Manifest (IGM) is a document required by customs authorities in many countries for tracking …
Anti-dumping and countervailing duties are both forms of trade remedies employed by governments to protect domestic industries from unfair competition …
Robotic Process Automation (RPA) refers to the use of software robots or “bots” to automate repetitive and rule-based tasks traditionally …
Read moreWhat is Robotic Process Automation (RPA)? Benefits and Limitations of RPA.