Notes and Study material for Exams
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 … Read more
Non-Banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of Shares, stock, Bonds hire-purchase insurance business or chit business but does not include any institution whose principal business … Read more