Key Points Syndicated loan is offered by a group of lenders. Usually, large project use syndicate loan. Only one Sanction …

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What is Contra Entry?: Contra entry refers to transaction which affect both Cash and Bank simultaneously, i.e. Where debit and …

Read moreContra Entry in Accounting: Definition, Example etc.

What is Cloud Accounting? Cloud Accounting is one kind of online based accounting software that is hosted on a remote …

Read moreWhat Accounting Software (Cloud) does a freelancer should have skill?

Share Warrant Definition: Share Warrant is a document which is issued by a Public Listed Company (PLC) under its common …

Read moreShare Warrant: Definition, Advantages & Disadvantages etc.

Payroll audit starts from verifying the data across the various accounts and software system that manages the data of employees. …

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Key Points: The word Coupon represents “Interest.” Interest is not paid for the invested amount. The difference between discounted purchase …

Read moreZero-Coupon Bond: Definition, Formula, Example etc.

Letter of credit is also known as documentary credit or bankers commercial credit. It is also considered as ” Letter …

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Sales Book Vouching Credit sales are recorded in the Sales Book. The auditor should have more technical and careful while …

Read moreWhat are the techniques of Sales Audit?

What is Discounted Payback Period? Discounted Payback period is the updated version of payback period that consider the time value …

Read moreDiscounted Payback period (DCF): Definition, Calculation Process

Most of the accountants often confuse regarding capital and revenue expenditure, particular who come from non-accounting back ground. When an …

Read moreCapital and Revenue Expenditures: Definition, Examples.