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BAF-201: Fundamentals of Cost and Management Accounting- Study Text by ICMAP Now you can download or read-online an excellent book  namely, “BAF-201: Fundamentals of Cost and Management Accounting- Study Text” written by,”ICMAP” .  The book covers:  Chapter No.01: Introduction to Management Accounting Chapter No.02: Source of Data Chapter No.03: Cost Classification and Cost Behavior Chapter No.04: Materials: Accounting and Control Chapter No.05: Materials: Inventory Control Chapter No.06: Accounting for Labor …

The Institute of Cost and Management Accountants of Pakistan (ICMAP) is a great Institution with magnificent effort to promote Accounting Education in Pakistan, which was established in 1951.Syllabus is the key of success, if updated according to market conditions and challenges of the global competitive market situations. ICMAP changes its syllabus according to market conditions.  SEMESTER – 2 BOOKS   …

BML-103: Business Communication & Report Writing- Study Text by ICMAP Now you can download or read-online an excellent book  namely, “BML-103: Business Communication & Report Writing- Study Text” written by,”ICMAP” .  The book covers:  Chapter No.01: The Communication Process Chapter No.02: Communicating in Organizations Chapter No.03: Communication Skills Chapter No.04: Non-Verbal Communication Chapter No.05: Inter-Personal Communication Chapter No.06: Written Communication Chapter No.07: Principles of Effective Writing Chapter No.08: Business …

BML-102: Business Economics- Study Text- by ICMAP Now you can download or read-online an excellent book  namely, “BML-102: Business Economics- Study Text” written by,”ICMAP” .  The book covers:  Chapter No.01: Economic Concepts Chapter No.02: Organization Chapter No.03: Demand and Supply Analysis Chapter No.04: Price Elasticity of Demand Chapter No.05: Productions Chapter No.06: Cost Behavior Chapter No.07: Profit Maximization Chapter No.08: Competition, Market Effects and Government Measures Chapter No.09: Functions of …

BAF-101: Fundamentals of Financial Accounting – Study Text by ICMAP Now you can download or read-online an excellent book  namely, “BAF-101: Fundamentals of Financial Accounting – Study Text” written by,”ICMAP” .  The book covers:  Chapter No.01: Intorduction to Financial Accounting Chapter No.02: Accounting Conventions and Regulatory Framework Chapter No.03: The Accounting Equation Chapter No.04: Double Entry Book Keeping Chapter No.05: Books of Prime Entry and Control Accounts Chapter No.06: …

The Institute of Cost and Management Accountants of Pakistan (ICMAP) is a great Institution with magnificent effort to promote Accounting Education in Pakistan, which was established in 1951.Syllabus is the key of success, if updated according to market conditions and challenges of the global competitive market situations. ICMAP changes its syllabus according to market conditions.  SEMESTER – 1 BOOKS   …

Definition of Accounting Many authors have defined the term “Accounting” in different ways. There is difference of opinion among the authors as to its precise definition as the term accounting is so broad that it is difficult to give a precise definition. However, several possible definitions are given below: 1. “The act of collecting,   processing, reporting, analyzing, interpreting   and projecting   financial information”. 2.“The system …

ACCOUNTING: A BUSINESS LANGUAGE Accounting is a language, a system that communicates information.  It is often referred to as the language of the business, although it is just as important in the operation of government agencies, clubs, colleges and other kinds of organizations. You probably have some idea already of what the term accounting means. It is frequently used in   …

WHAT IS THE NEED AND IMPORTANCE OF ACCOUNTING? We live in a world where people need things from the day they are born to the day that they die. Some of these ‘needs’ are physical needs, a need for goods of various sorts, food, clothing, shelter, and so on. Some of them are emotional ‘wants’, a need for education, entertainment, …

Accounting For Bills of Exchange Learning Objectives: Learn Definition  and explanation bills of exchange. What are advantages of Bills of Exchange (B/E)? What is difference between Bills of Exchange and promissory note? How a bill of exchange functions? What are the accounting treatments of drawing, accepting, discounting, paying, dishonoring, Retiring  a bill. Now-a-days,  business transactions are usually conducted on credit …