Notes and Study material for Exams
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Data, Data processing, business data processing, data storage, file management system and data base management systems. Data, Data Processing and management System Data processing and data management are critical components of business organizations. DATA PROCESSING Data processing refers to the process of performing … Read more
Audit and accounting: Auditing is defined as the systematic and independent assessment and examination of data, statement, records, operations and performance, financial or otherwise of an enterprise. Objectives of Auditing: PRIMARY OBJECTIVE Examining the system of Internal check Checking arithmetical accuracy of books of accounts Verifying the authenticity and validity of transactions. Checking the … Read more
RAS MAINS REVISION: Part III Auditing and Accounting Social Audit: It is a tool through which government department can plan, manage and measure non-financial activities and monitor both internal and external consequences of the department social and commercial operation. OR Social Audit is an independent evaluation of the performance of an organisation as it relates … Read more
Part C Accounting and Auditing; Budgetary Control: Definition: Budgetary control is the process by which budgets are prepared for the future period and are compared with the actual performance for finding out Variance. Obj. of BC: Define the objectives of the organisation Providing plans to achieve the objectives Coordinating the activities of various departments … Read more
Auditing Auditing is the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step. Meaning of Auditing: Auditing is an examination of the books of accounts and … Read more
Here is a list of subtopics on disinvestment: Disinvestment: The process of selling government-owned assets to private investors. PrivatizationPrivatization: The process of transferring ownership of a government-owned enterprise to private investors. Divestment: The process of selling off a portion of a government-owned enterprise to private investors. EquityEquity disinvestment: The sale of government-owned SharesShares in a … Read more
Public Service Commissions A public service commission (PSC) is an independent government agency responsible for overseeing the delivery of public services. PSCs are typically responsible for regulating utilities, telecommunications, transportation, and other essential services. They also play a role in setting rates and ensuring that services are delivered fairly and efficiently. PSCs are typically appointed … Read more