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Which course is better CA CS or CMA?  How to Decide A person who is choosing between these two, i.e.  Chartered Accountants , CS, or CMA course must be interested in playing with numbers. It really depends on the student’s interest. Here is a simple guide for you to choose between these courses under various categories. In this blog, we tell you about the differences between  CA,  Company Secretar y,  or CMA. Go through it completely to know in detail. Introduction There are tons of similarities when it involves the syllabus altogether three courses – CA, CS, and CMA. However, the most focus of CA is Finance, Auditing, and Tax. The most focus of CMA is that the in-depth study of Cost and Management Accounting whereas CS gives you an in-depth study structure for Company Law and Company Secretaryship. At the top of the day, you’ll get to have a transparent idea of what your primary focus is in terms of what you would like to review and what you would like to accomplish by studying that c

Why is the cash flow statement concerned with cash equivalents? In this article, we'll Discuss  Cash Flow Statement & Cash Equivalents For  CA Inter  &  CMA Inter .   Cash Flow Statement & Cash Equivalents Data on a company's cash flows are useful for providing financial statement clients with a foundation for evaluating the company's ability to generate cash and cash equivalents, as well as the company's needs to use those cash flows. Clients' monetary decisions necessitate an evaluation of a company's ability to generate cash and cash equivalents, as well as the certainty of their production. The standard arrangements with the provision of data about a venture's historical changes in cash and cash equivalents by methods for a cash flow statement that characteristic  cash flows from operating, spending, and financial activities over the period.   BENEFITS OF CASH FLOW STATEMENT When used in conjunction with the following financial statements, a

What is Waterfall Arrangement under the Insolvency and Bankruptcy Code, 2016 About Liquidation and its interaction: Liquidation is the process of dissolving a partnership or incorporated company under the direction of an agent or "liquidator," who is authorized by statute to distribute the proceeds to the various leasers according to an agreed-upon formula. No one but firms can be liquidated. Defaulting people can’t be liquidated. Insolvency is the catalyst for bankruptcy or liquidation, and when a debtor enters the liquidation process, a bankruptcy expert oversees the process.   Continues from the offer of the borrower’s resources are conveyed in the accompanying request of priority: Insolvency resolution costs, including the remuneration to the insolvency professional Secured creditors, whose loans are backed by collateral, dues to workers, other employees Waterfall mechanism for liquidation The waterfall mechanism under the Insolvency and Bankruptcy Code offers the need to

Equilibrium under Perfect Competition: CMA Foundation Pure or perfect competition is a hypothetical market structure in which the accompanying rules are met: 1. All organizations sell an indistinguishable item (the item is a “ware” or “homogeneous”). 2. All organizations are value takers (they can’t impact the market cost of their item). 3. The piece of the overall industry has no impact on costs. 4. Purchasers have total or “perfect” data—before, present, and future—about the item being sold and the costs charged by each firm. 5. Assets for such work are entirely portable. 6. Firms can enter or leave the market without cost. The short-run implies a timeframe during which companies can simply adjust their level of yield by expanding or decreasing the measurements of variable variables, such as work and crude materials, while fixed components such as capital equipment, hardware, and so on remain unchanged. In addition, new companies can not join the organization in the short term, nor c

CMA Intermediate Exam Pattern 2021, CMA Inter Syllabus, And Preparation Tips One of India's leading finance colleges is the Cost and Works Accountant Institute. Since its formation in 1959, the institute has contributed a lot by producing a bunch of scholars in the world of finance and industry. The Institute holds the distinction of being one of the leading financial institutions in India. If you're unsure which area is going to suit you better, then have you ever thought about CMA? It does not work as plain as it sounds to be a price accountant. You must be transparent about the three phases of the ICWA CMA test. There are three phases (Foundation/Intermediate/Final) in the ICWA CMA study conducted by India's Institute of Cost Accountants (ICAI). ICWA appoints the best students each year for its cost accounting course. Through the test, the institute tests the comprehensive understanding of students in areas such as cost and financial management, communication skills, and