Professional Standards MCQ – Professional Standards – The Auditing and Attestation section tests audits of issuers, nonissuers, governmental entities, not‐for‐profit entities, and employee benefit plans. In addition to audits, this […]
1099 – Welcome to CMA INDIA GROUP! As a business owner, understanding your responsibilities for issuing 1099 forms is essential for compliance and accurate tax reporting. This guide will walk […]
Rich Dad Poor Dad is a personal finance book that contrasts two different approaches to money management and financial success, as seen through the perspectives of Robert Kiyosaki’s two father […]
Atomic Habits: A Comprehensive Summary and Reflection – In Atomic Habits, James Clear reveals how small, incremental changes—referred to as “atomic habits”—can lead to remarkable personal and professional transformations. Through […]
“How to Talk to Anyone” by Leil Lowndes provides 92 practical tips for improving communication and social skills, emphasizing confidence, body language, and engagement to enhance personal and professional interactions. […]
Deferred revenue, also known as unearned revenue, is a liability on a company’s balance sheet representing advance payments received for products or services yet to be delivered or performed. It’s […]
Tuesdays with Morrie is a memoir by Mitch Albom detailing his meaningful conversations with dying professor Morrie Schwartz about love, death, and living authentically.
“Ego is the Enemy” by Ryan Holiday examines how ego obstructs success and emphasizes humility, learning, and resilience throughout life’s stages.
A Bank Reconciliation Statement (BRS) is essential for comparing an organization’s bank statement with internal accounting records to identify discrepancies. The process involves collecting documents, comparing records, identifying issues like outstanding checks or bank charges, and adjusting records accordingly. Regular reconciliation ensures financial accuracy, fraud detection, and effective cash flow management.
The “Process to Pay” (P 2 P) cycle is a critical aspect of financial management in any organization. It encompasses the entire journey from procurement of goods and services to the payment of vendors.