Financial Accounting - Introduction


Financial Accounting - Introduction 








































 

Comments

Post a Comment

Popular posts from this blog

  Entrepreneurial Skills Entrepreneurship is both a Challenge and a Great Opportunity. To convert challenges into opportunities & to covert opportunities into achievements, an entrepreneur needs the following qualities and skills to be successful: •         Curiosity - finding and exploring new opportunities •         Structured experimentation - Test the opportunity by conducting research & experimentation •         Adaptability •         Decisiveness •         Team Building •         Risk taking •         Comfortable with failure •         Persistence   •         Innovation •         Creative thinking ...
Read more

Human Resource Accounting

  Human Resource Accounting                                         By Dr.K.Chitra Chellam   Human resource is the most precious part of an organisation. The total knowledge, skills, creative abilities, talents and aptitude of employees in an organisation is called human resource. The success or failure of an enterprise depends on the people who work in the enterprise. Definition; According to Eric, “HRA is a tool to measure the cost of human resources in the organisation”.             The American Accounting has defined HRA as, “The process of identifying and measuring data about human resources and communicating this information to interested parties”. Objectives of Human Resource Accounting (HRA): Following are the objectives...
Read more

Evolution of FinTech in India

                                         Evolution of FinTech Sector in India Liberalization of Banks in 1992 led to the introduction of technology savvy banks in India. The government took legislative action to boost the banking system and promoted the use of new technology such as MICR, electronic fund transfer, and other electronic payments that revolutionized the banking system and in turn boosted the Indian economy. Since 1992, India’s fintech journey has been shaped by factors such as smartphone usage, internet access, regulatory support, and digital payment innovations. The phases of evolution of FinTech sector in India are listed below: Early Phase (Pre-2000s) During this phase, the banking sector in India relied on core banking solutions and IT-driven services. ATMs, NEFT, RTGS, and Electronic Clearing Services were introduced in the country. Growth...
Read more