Procedures for Computerized Auditing

Today is the time of computer. Internet has become so fast and can be used both on mobile and computer. So, auditing procedures has also shifted from its manual steps to computerized steps. Following are the main steps of computerized auditing procedures.

Continue reading »

NEFT Transaction Cut off Time is Exceeded Means

Today Monday morning, I was emergency for transferring fund from my online PNB account to my SBI account for this, I used NEFT option for transfer my money but it was giving me the trouble. It is showing "NEFT Transaction Cut off time is exceeded"

Continue reading »

Debtor vs Creditor

Both debtor and creditor are the important entities in the business. Most business transactions are done between each other. Sometime debtor can also become the creditor. So, it is very necessary to know the differences between debtor and creditor for better identifying both identities.

Continue reading »

Apportionment of Overheads Examples

As we know, Apportionment of overhead  means to divide total cost of overhead among different departments or branches or cost centers of a company. So, for knowing it detail, it is better to understand it with practical examples. 

Continue reading »

Accounting Education's Financial Statements - (1st April 2013 - 31st March 2014)

Today, we have published Accounting Education's financial Statements 2013-2014. As you know that accounting education is not-for-profit organisation whose mission is to provide the free knowledge of accounting, finance and education. So, it is necessary to show its financial record to public.

Continue reading »

Online Invoice Format

Recently, we have hired online tool to convert our accounting education site to mobile format. For this, we are starting to pay $9 per month. We have paid first $9 through our credit card. By going to its payment gateway, I have paid the first fees. Within few second, I got my online invoice.

Continue reading »

Free Install Accounting Education App from Google Play

Today, we are happy to announce to you to free install accounting education app from google play. Recently, we have paid $25 through our credit card for registration as google developer. Now, we are able to upload any app in the google play apps market. So, we have first app of accounting education upload in google play server.

Continue reading »

The Best Online Tools for Teachers

How does teacher teach online? Where are his students online? What tools will use for checking the speed of your reading for online teaching ? What tool will use for designing e-cover of teacher's online book.

Continue reading »

What does a Financial Statement Tell an Investor

Financial statement tells an investor lots of information which affects his decision of investment. Except knowing exact value of business, financial statement provides the knowledge of current financial position, current performance and amount of cash from operation.

Continue reading »

Where is Inventory Reported in the Balance Sheet

Because inventory is bought through cash or bank balance. Both bank balance and cash are the part of current asset. With this, we bought inventory, so, inventory is also our current asset in our balance sheet.

Continue reading »