Methods of costing helps to determine the cost of the final product, various methods and techniques have been developed for cost accounting to meet the specific needs of the business organizations. The methods for calculating cost of production differ from industry to industry, it varies according to the company’s requirements. The methods of analysis and …
Transfer pricing is essential for financial management in large companies with multiple divisions. It involves setting the price at which one division sells goods or services to another within the same company, confirming fair performance measurement and profitability. What is Transfer pricing? Transfer pricing is the price at which we transfer goods and services from …
This overview defines commerce and highlights the importance and evolution of commerce education. They consist of the compulsory subjects that are compulsory for Commerce stream, elective subjects that students have to choose from the available options and interdisciplinary courses that intend to combine two academic disciplines. It also analyses different and new career options available …
