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The sphere of finance is too dynamic to understand which is an integral part of the whole system of business, commerce, industry, trade, etc. The financial system of a nation has to be studied and understood by all in order to be aware of the present situation. The financial system, although a minute part of total finance, carries a key part that cannot be ignored. By dint of its understanding, readers can know what is about Indian finance and financial reforms. ...
Over the last four decades, economic situation in India as well as in various countries of world changed radically in many spheres such as, manufacturing, trading, service operations, technology, information technology, and so on. To meet the changes, many techniques and tools have been evolved and developed through research and development activities. Such changes also are seen in the financial management and accounting fields. Keeping in view of different ...
Accounting process begins with events, transactions, rough book, journals, ledger writing, trial balance preparation, and finalization of accounts and ends at balance sheet preparation. Such an aggregate process is known as an accounting cycle. The accounting cycle, thus, begins with events and ends with balance sheet every year, an entity follows the same process in order to disclose a summarized procedure of accounts it involved; and they are public documents, ...
The present work is structured around latest developments in Mutual Fund Organizations. It discusses : Mutual Funds - An Indian Panorama, methodology, working of mutual funds, investment procedures of MFs, accounting and reporting practices in mutual funds, investor's perceptions of MFs, financial system and institutional services.