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Essays on Accounting

Why did SEBI ban fee Waterhouse?

What caused the choice? In January 2009, Satyam computer services’ chairman B. Ramalinga Raju wrote a letter admitting that the agency’s balance sheet changed into fudged and protected inflated and non-existent coins and financial institution balances. Rate Waterhouse (PW) was the auditor. Satyam laptop services…

AccountingAudit2 Pages

Accounting Methods and Principles

Basically there is an act based on business registration. According to that act law governing partnership in Sri Lanka is English law which consists of Partnership Act of 1890. As per the Act a partnership is the relations which subsist between persons carrying on a…

AccountingBusiness2 Pages

Financial Statements Analysis

Every enterprise whether big, medium or small, needs finance to carry on its operations and to achieve its targets. In fact, finance is so indispensable today that it is rightly said to be the life blood of an enterprise. Without adequate finance, no enterprise can…

AccountingFinance1 Page

The Concept of Depreciation

American Accounting Association describes depreciation as, ” Any decline in the service potential of plant and other long term assets should be recognized in the accounts in the periods in which such decline occurs. The service potential of assets may decline because of gradual or…

AccountingDebtValue2 Pages

The Importance of Accounting

Mrs. Townlian Accounting January 19 Accounting is planning, analyzing, and interpreting financial information. Or less commonly known as the art of recording, classifying, summarizing, in a remarkable way, in terms of money, transactions, and events usually of financial classification (“Users Of Accounting”). Accounting allows those…

Accounting1 Page
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