Riaz Academy

Book Name  : Advanced Management Accounting Written By  : N/A Edition        :  N/A Publisher    : Board of Studies Institute of Chartered                                     Accountants of India To DOWNLOAD Click Here                        …

      The part of accounting that is concerned with recording data is often known as Book-keeping. Until about one hundred years ago, all accounting data was kept by being recorded manually in books, hence it is called the term “BOOK-KEEPING“. Book-Keeping       Nowadays, although hand-written book may be used (particularly by smaller organizations), but most accounting data is …

        Question is that, Why we need to keep the record of business? In response of this, we can say that those who invest their capital or any one or some of them devote their efforts in their business expect that they all receive a return in the form of profit. Moreover, if they employ professoinals and experts so that …

As a Muslim, it is our faith that the Holy Quran is a comprehensive code of life and is a complete Source of Guidance to us in conduct of all our worldly affairs.                 The Holy Quran lays great stress on “KITABAT” (recording in Black and White), particularly writing down of financial and business transactions. The contents of Verses 282 …

        Just like Science, Arts or other social or economic field of human life, Accounting also has a history. If we study the civilization of mankind, then we can say that in every period, there was a recording of business and financial information.        With the developement of society, the techniques of recording business information also changed and now-a-days, it become …

    The word “ACCOUNTING” means “Language of Business“. The business managers,cashiers and salesmen use the term accounting to explain the business events. You will find that many of the terms used in accounting have obivious different meanings in  non-accounting usage. If you need the knowledge of accounting you will have to know about the business operations and the basis on …