Education

Accounting Concepts and Principles

Accounting Concepts and Principles

 Accounting concepts and conventions  Accounting principles: concepts and conventions Accounting principles = concepts + accounting conventions commonly known as GAAP (Generally accepted accounting principles) based on which financial statements are to be prepared. Accounting principles are divided into two parts, concepts, and conventions. (A).  Accounting concepts: Accounting concept refers to the basic assumptions and rules

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World Bank Definition

World Bank Definition

Short Note on World Bank Table of Contents INTRODUCTION: SOME FACT: WORLD BANK GROUP OBJECTIVE OF WORLD BANK SIMILARITY BETWEEN IMF & WORLD BANK INTRODUCTION: The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It comprises two institutions:

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International Monetary Fund: Meaning

International Monetary Fund: Meaning

 IMF STUDY NOTES  The international monetary fund(IMF) came into official existence on December 27, 1945, when 29 countries signed its articles of agreement(it’s charter) agreed a conference held in Bretton woods, new Hampshire USA, from July 1-22, 1944. The IMF commenced financial operations on March 1, 1947. Headquarters: Washington, D.C, U.S. Membership: 189 countries Official

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World Trade Organization Notes for Net, B.com.

World Trade Organization Notes for Net, B.com.

WTO NOTES ‘’ The world trade organization (WTO) is the only international organization dealing with the global rules of trade between nations.” Formation: 1 January 1995 Type: international trade organization Purpose: deduction of tariffs and other barriers to trade Headquarter: Geneva, Switzerland Official language: English, French, Spanish Staff: 640 Website: www.wto.org  Fact about WTO: Ø 8TH

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