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Backward integration | Advantages of Backward integration

Backward integration   Backward integration is a type of horizontal integration where a firm vertically develops its function to fill existing tasks previously done by other firms in the same industry. Simply put, backward int…

Research | Varies Types of Research

Research   Research is a procedure where a series of measures are Utilized to accumulate and analyze the data to increase our comprehension of a subject or issue   . It entails the following steps    1. Pose a question    2.  Co…

Characteristics/ Features of Good Research

Reseach Research is simply, the systematic search for pertinent information on a specific topic or problem. P. Aquino What are the Features of A Good Research There are many characteristics that make up good research. They incl…

What is Research | Importance of Research

Research  Research is the systematic process of gathering and analyzing information so as to raise our comprehension of phenomena about which we're interested or concerned. Research is a sharing and learning process. Resear…

Audit Procedures | 8Types Of Audit Procedures

The auditor obtains audit evidence to draw sensible conclusions to express an audit opinion on financial statements by performing audit processes. 1.  Inspection of records Consist of examining record documents of tangible asset…

Right Of Auditor | Duties Of Auditor

Right and Duties of An auditor are given below   Right Of Auditor 1. Right of access to books etc. 2 . Right to the lien. 3 .  Right to obtain information and explanation from officers. 4 . Right to receive notices and to atte…

Difference B/W Cost Audit And Financial Audit

Cost Audit And Financial Audit Comparison The difference b/w cost audit and financial audit is given below. we differentiate them with the following points. 1. The main difference b/w cost audit and financial is that cost audit…

Risk Analysis | Risk assessment | Risk management

Risk Analysis  Risk Analysis is a decision-making tool for considering the consequences of alternatives. The need for risk analysis arises because people make decisions every day about what to accomplish how much time and resourc…

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