Partnership Accounts
by Partnership Firm KYC Norms The Reserve Bank of India sets Know Your Customer (KYC) norms …
Tag: Advanced Accounting Notes
International Financial Reporting Standards (IFRS)
International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation …
Capital and Revenue Items
Expenditure means spending on something. This can be a payment is cash or can also …
Introduction to Financial Statements
Preparing general-purpose financial statements; including the balance sheet, income statement, statement of retained earnings, and …
Basel Norms
Basel is a city in Switzerland which is also the headquarters of Bureau of International …
Asset Liability Management in Commercial Banks
Asset/liability management is the process of managing the use of assets and cash flows to …
Bank Guarantees
A bank guarantee is a type of guarantee from a lending institution. The bank guarantee …
Mode of Creating Charge
While lending money, the bank has to keep three principles in mind viz., liquidity, safety …
Types of Securities in Banks
Security is what the borrower puts up to guarantee payment of the loan. Moreover security …
Employment of Funds by Commercial Banks Financial Statement Analysis
The reported financial statements for banks are somewhat different from most companies that investors analyze. …