What is Budgeting? Benefits-Process and Types

What is Budgeting? Benefits-Process and Types

What is budgeting? Budgeting is essential to financial well-being. Being an student, you always budget your study time and your money. Families budget income and expenses. On the other hand, Governmental agencies budget revenues and expenditures. While businesses create budgets…

 External sources of finance for business

External sources of finance for business

External Sources of finance: The choice of methods of financing is among the financial decisions taken by the management. One way of categorizing the sources of finance for business is to split them into internal and external sources. So, basically,…

 What are the objectives of Internal Control?

What are the objectives of Internal Control?

Objectives of internal control: Internal control refers to all the methods and procedures implemented within the organization to safeguard assets, enhance the reliability of accounting records, boost the efficiency of operations, and ensure compliance with laws and regulations. There are…