difference between dividend policy and dividend decision

Many students get baffled when they are asked to differentiate between dividend policy and dividend decision. The answer to this question is very easy but tricky. Dividend decision is related to the decision as to how much of the earning would be retained and how much will be distributed as dividend. The company decides as to what would be more Read More …

What is Management Audit

Management audit is a systematic and impartial examination, analysis and appraisal of management’s overall performance. It is basically a procedure of appraisal of management’s total performance by means of an objective and comprehensive examination of the organisation structure, its objectives, plans and policies, its operation and its use of physical and human resources, and methods of operation. Thus ‘management audit’ Read More …