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Finance and Investment

Business & Economy: Finance and Investment


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ARTICLES
Financial Accounting for Construction Contracts A contract is a big job requiring considerable length of time to complete and comprising activities to be done outside the factory promises, viz. construction of a dam or school building, laying down railway lines, etc.

Financial and Cost Statement An indispensable part of any system of accounting is programmed of periodical statements and reports to inform management of the current financial position of the business.

Financial Statement Analysis Financial statement analysis involves careful selection of data from financial statements for the primary purpose of forecasting the financial health of the company.

Functions of Management in Business Organizations There are four basic and important functions of management in business organizations. These are planning, organizing, leading and controlling.

Managerial Skills Managers need certain skills to perform the duties and activities associated with being a manager. Research by Robert L. Katz found that managers needed three essential skills.

The Concept of Variable Costing Variable costing charges products with only those manufacturing costs that vary directly with volume.