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IN THIS BLOG WE TEACH AND SHARE NOTES ON FINANCIAL ACCOUNTING, MANAGEMENT ACCOUNTING AND AUDIT AND ASSURANCE FOR FREE.
2020-03-31 13:12
Mature biological assets are those that have attained harvestable specifications or are able to sustain regular harvests whereas immature biological assets have not yet reached that stage. T… Read More
2020-03-25 13:11
Bearer biological assets are biological assets from which other biological assets or agricultural produce are obtained, such as dairy cattle or fruit trees. The post Bearer biological asset… Read More
2020-03-16 13:08
Consumable biological assets are those that are to be harvested as agricultural produce or sold as biological assets, such as beef cattle or crops for harvest such as wheat The post Consumab… Read More
2020-03-16 13:07
Biological transformation is the process of growth, degeneration, production, and procreation, which causes qualitative and quantitative changes in a biological asset Biological assets are t… Read More
4 Deficiencies Of Value For Money Audit
2020-02-28 14:22
Value for Money audit is a comprehensive examination that provides an objective and constructive assessment of the extent to which financial, human and physical resources are managed with du… Read More
Materials Price Variance: Meaning
2020-02-17 20:09
Materials price variance arises due to the standard price specified and the actual price paid. It may also arise due to: Changes in basic prices of materials, failure to purchase the quantit… Read More

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