Major Corporate Social Responsibility | Principles of Management

Major Corporate Social Responsibility Organizations have great responsibility for the welfare of the society and the environmental protection. The major corporate social responsibility are as follows: Responsibility towards Shareholders: Shareholders invest capital in the business and bear risks .They want return of their investment from the business.So,they have interest in the development and prosperity of

Read More

Source Documents

Source Documents: A piece of paper that is used as evidence to record a transactions.A source document, often called business paper, is the document produced with each business event and used to record every business transaction. In other words, it’s a physical or electronic document that lists the details of a transaction and is used

Read More

Annual Report

Annual Report: An annual report is a comprehensive report on a company’s activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company’s activities and financial performance. The annual report is a financial document published by most private and public companies to summarize the major transactions

Read More

Accounting Equation

Accounting Equation,Financial Accounting I,BBA first semester,BBA-BI second semester Accounting Equation: The accounting equation displays that all assets are either financed by borrowing money or paying with the money of the company’s shareholders. Thus, the accounting equation is: Assets = Liabilities +Shareholder Equity. The balance sheet is a complex display of this equation, showing that the

Read More

Worksheet

Worksheet:  An accounting worksheet is a spreadsheet used to prepare accounting information and reports. Accounting worksheets are most often used in the accounting cycle process to draft an unadjusted trial balance, adjusting journal entries, adjusted trial balance, and financial statements. Worksheets are prepared at the end of an accounting period and usually include a list

Read More

Internet

Internet,Advantages and Disadvantages of Internet,Services Provided by internet Internet: Internet is a global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.   Advantages and Disadvantages of Internet: Advantages:  1) Information on almost every subject imaginable. 2) Powerful search engines 3) Ability to do research from

Read More

Leadership

Leadership,  Characteristics,  functions,  Traits/Qualities of Good Leaderdhip,  Styles of Leadership, Approaches to leadership(Trait Approaches to leadership,Behavioral Approaches to leadership, The Ohio State Studies, The Managerial Grid, Situational Approaches to leadership ,Fiedler Model. Leadership: Leadership is the ability to influence the behavior and performance of an individual or group of individuals towards the achievement of common

Read More

Introduction to Management

Introduction to Management,Characteristics,Process,Principles,Manangerial levels,Manangerial skills, Managerial roles,Emerging management issues and challenges. Definition of Management and its functions Management is the process of reaching organizational goals by working with and through people and other organizational resources. Management has the following 3 characteristics: It is a process or series of continuing and related activities. It involves and

Read More

Database Management System

Database Management System,Advantages and disadvantages of DBMS,Types of DBMS,File processing system ,disadvantages,Database languages,Entity relationship diagram. Database management system: A database management system is the software system that allows users to define, create and maintain a database and provides controlled access to the data. A Database Management System (DBMS) is basically a collection of programs that

Read More

Bank Reconciliation Statement

Bank Reconciliation Statement questions,Financial Accounting I Question 1: a)The balance on the March 31,2010 ,bank statement is rs. 6506.10. b)Not included on the bank statement is a rs.423 deposit made by Karen’s late on March 31. c)A comparison between the cancelled checks listed on the bank statement and the company records indicated that the following

Read More