Definition: Performance materiality (PM) Refer below to understand this statement with an example. Factors Considered for Calculating Performance Materiality: Performance Materiality (PM) is calculated as a percentage of materiality. The Percentage is … [Read more...] about Performance Materiality Definition, Example, and Calculations
Another word for Auditing
What to know Another word for Auditing? Read on to find out more. Auditing means verification of books of accounts. So, the auditor verifies if the financials are free from errors. The following words are used as synonyms for the word audit. The above … [Read more...] about Another word for Auditing
5 Surprising benefits of filing regular income tax returns : April 2021 [Updated]
An Exclusive Guide to find the Surprising benefits of filing regular income tax returns is detailed below for reference. Income tax (IT) Return: An income tax return is a medium between Government and the public to submit their income and tax details. Citizens are … [Read more...] about 5 Surprising benefits of filing regular income tax returns : April 2021 [Updated]
How to Conduct Bank Concurrent Audit
Before deep diving into the topic of "How to Conduct Bank Concurrent Audit", we will try to understand the basics. Banks helps in driving the financial stability of a economy. What does Concurrent Audit means? The word concurrent means "happening or done at the same … [Read more...] about How to Conduct Bank Concurrent Audit
Difference between Cash Credit and Overdraft
Are you trying to get the answer for the the question, "What is the difference between Cash Credit and Overdraft" ? Tap on your back. You're on the best platform to find the perfect answer. Lets see understand each of the terms before understanding the differences. What is … [Read more...] about Difference between Cash Credit and Overdraft
