Accounting can be described as the art of recording, summarizing, reporting, and evaluating financial transactions. Accounting is generally viewed as the process of monitoring a business’ finances by recording its accounts payable, accounts receivable and other monetary transactions. The main emphasis of accounting is on the double-entry book-keeping method. The three primary statements produced by accounting are the income statement, balance sheet, and the cash flow statement.
Management Articles & Notes
This page is dedicated to management articles, notes, tips and resources. You can find articles on a variety of topics related to management here.
In simple words, management is the art of getting things done through others. In other words, management in all business activities is considered the act of coordinating the efforts of individuals to achieve objectives and goals making use of available resources wisely. Management is frequently covered as a factor of production together with equipment, materials, and funds. Management includes the manipulation of human capital within an organization to help with the success of a business. In a commercial business, the main function of management is the satisfaction of a number of stakeholders. This usually requires making a profit, producing valued goods at affordable prices, and giving rewarding job opportunities for workers.
Importance of Research in Business Decision Making
Research is essential to collect facts and statistics regarding a company’s clients, staff members and rivals. Depending on these numbers, companies are able to make better managerial decisions.The key function of management is take decisions and without help of the research, decisions will not be effective.
Functions of SEBI
Securities and Exchange Board of India (SEBI) is actually an apex body for all round development and regulation of the securities market in India. SEBI aspires to eliminate the bad practices prevalent in the Indian capital market and build an environment to facilitate mobilization of resources through the securities market.
Examples of Exploratory Research
Exploratory research functions as a resource for producing suggestions that are then subjected to additional investigation. Even though exploratory studies are not designed to provide precise estimates of the prevalence of a problem or to test specific theories, they could be worthwhile in mapping domains of study.
Threats to Internal Validity in Quantitative Research
Internal validity says that variations in the dependent variable come from variations in the independent variable(s) – not from other confounding factors. In tests, internal validity can also be depending upon how much control has been achieved in the study while collecting data. Some examples of internal validity threats are also provided in this article.
Securities and Exchange Board of India (SEBI)
The Securities and Exchange Board of India (frequently referred to as SEBI) was established in 1988 and given statutory powers on 12 April 1992. At first SEBI was a non statutory body with no statutory power. SEBI has relished success being a regulator by pushing systematic reforms boldy and successively. In this article we have discussed about the departments of SEBI, powers and functions of SEBI, and guidelines issued by Securities and Exchange Board of India (SEBI).
Threats to External Validity in Research
External validity means the degree to which the outcomes of an investigation can be generalized to and across individuals, settings, and times. Take into account that all of the threats to internal validity will also be threats to external validity in research. The most frequent loss of external validity originates from the point that experiments utilizing human participants usually make use of small samples obtained from one geographical location or with idiosyncratic features
Threats to Reliability in Qualitative Research
Reliability is worried about the potential of different researchers to make identical observations of a given phenomenon if and when the observation is carried out using the same method(s) and procedure(s). I will discuss the threats to reliability in qualitative research and measures to enhance reliability.
Threats to Validity in Qualitative Research
Threats to validity in qualitative research are: how observations are defined and interpreted, and how the data could be intentionally or accidentally modified to suit a certain theory. Researcher bias (inherit reflexivity) in addition to the researcher’s presence (reactivity) could affect what is observed.
Objectives of ISO 9000
International Organization for Standardization is an international body, which consists of representatives from more than 90 countries. ISO 9000 relates to the fundamentals of quality management systems, comprising the 8 management principles on which the group of standards is based. ISO 9000 was first released in 1987. It was in accordance with the BS 5750 group of standards from BSI which were suggested to ISO in 1979.