May 2014

Allahabad Bank Home Loan Interest Rate Vs Axis Home Loan Interest Rate

Before I start with this article, let me ask you a very simple question – what things do you consider while opting for home loan? I know most of you will answer it as service, approval time and interest rate. About the first two things that I just mentioned, Allahabad Bank is considered among the best ones. Yeah, it is counted among the best ones in the latter part too, but I would not just tell that in words, rather will prove it by making you aware from the Allahabad Bank Home Loan Interest Rate. Talking about that in the next section. Continue reading…

Accounting And Its Benefits To A Business/Organization

accounting_service

Is a branch of information science which involves the systematic collection, classification, recording, analysis of data and reporting of information resulting from business transactions or activities. The process of accounting or kirjanpito is steered by an individual referred to as an accountant. The accountant must adhere to regulations and rules of accounting for example generally accepted accounting principles (G.A.A.P). Accounting is an important tool to organizations or businesses as it helps them in determining their stability (financial performance). It therefore helps in provision of economic information to others such as the government, investors and stakeholders of organizations or companies. Financial information obtained through accounting is communicated to others by use of financial statements (balance sheet, income statement, cash flows). From these statements, the company/organization is then able to judge on their performance for example through profits and revenues collected.
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