UGC NET, which is now conducted by NTA is a national level examination for the eligibility of Assistant Professor. Clearing NET in Commerce is not an easy task and not everyone’s cup of tea. However, proper guidance could prove very Read More …
Fishers Ideal Index Number: Calculation, Features and Limitation
Fishers Ideal Index Number is one the important price index number. Prof Irving Fisher developed this index number after an extensive study of 134 different formulae. It is a type of weighted index number. Calculation Process: Calculation process of fishers Read More …
Objectives of Auditing
In simple terms, we say that auditing expresses an opinion on the financial statement. The auditor verifies the financial statements and books of accounting to check the truth and fairness of the financial position and operating results of the business. Read More …
Principles of Delegation
Delegation is one of the most important elements in the organising process. It is through delegation that interrelationships are created in any organisation. There are certain principles which may be followed as guidelines for effective delegation. These principles are: 1. Read More …
ENTREPRENEURSHIP NOTES FOR B.COM V SEM AS PER NEW CBCS SYLLABUS
Dear Students, here are your notes for the subject Entrepreneurship. These notes are in both Hindi and English. Download the files and go through them thoroughly. These notes are best viewed in WPS office. click HERE to download WPS office Read More …
Types of Share Capital of a Company
A company, being an artificial person, cannot generate its own capital which has necessarily to be collected from several persons. These persons are known as shareholders and the amount contributed by them is called share capital. Since the number of Read More …
ACCOUNTING FOR BONUS SHARES
A company sometimes issues additional shares to existing shareholders. Shares may be issued to existing shareholders without any consideration. Such shares are called bonus shares. Similarly shares may be issued for cash in proportion to the shares held by the Read More …
DUTIES OF COMPANY SECRETARY IN RESPECT OF ANNUAL GENERAL MEETING
Following are the duties of the company secretary in respect of the Annual General Meeting. BEFORE THE GENERAL MEETING To convene a board meeting, after giving notice as per section 173(3). Give advance notice to the stock exchange. Invite auditors Read More …
PROVISIONS FOR ANNUAL GENERAL MEETING ACCORDING TO COMPANIES ACT 2013
Section 96 provides that every company, other than a one-person company is required to hold an annual general meeting every year. SS-2 provides that the Board shall, every year, convene or authorize convening of a meeting of its members called Read More …