Process of Performance Budgeting

Performance Budgeting refers to a budget in terms of functions, programmes and performance units (functions, activities and projects) reflecting the revenues and expenditures of an Organization or Government.  Performance Budgeting refers to a budget in terms of functions, programmes and performance units (functions, activities and projects) reflecting the revenues andRead More →

Investment Alternatives

Investment refers to employment of funds on assets with the aim of earning income or capital appreciation.It is essentially a sacrifice of current money or other resources for future benefits.There are various Investment Alternatives available with an investor. An investor has to carefully choose between different investment alternatives like negotiable securitiesRead More →

Types of Securities

Securities refer to an investment that can be freely traded in the market and provides a right or claim on an asset and all future cash flows generated by that asset. According to Securities Contracts Regulation Act, 1956, “securities include shares, scrips, stocks, bonds, debentures, debenture stock or other marketable securities ofRead More →

Leasing Process

The important activities of a Leasing Process can be summarized as below:  Leasing process (1) Lease Selection – The leasing process starts when the lessee enters into a leasing contract with the lessor. Lessee approaches the Manufacturers and Suppliers, gathers all details about the required asset (design, specifications, price, installation, warranty,Read More →