Accountancy & Financial matters Management blogs

Gita Gopinath's Concerns on Economic & Financial Fallout: Gita Gopinath, the Indian American economist who has been the Chief Economist of the International Monetary Fund –IMF in 2019. She was director there and looking at the matters related to the research department and economic counselor of the fund.   Here latest, article, and the daily times focused on it and wrote important lines over it. As per Gopinath, the world economy badly affected by the pandemic of the novel COVID19. In the present situation the International Monetary Fund –IMF forecasting very worse trends in economic statistics. That will lead to uncertainty, and the manufacturing sectors have been badly affected after March 2020. The Industries of Manufacturing shrinks their productions all around the world and crisis badly affected the services sector within the countries and trading between the nations and different geographical locations inside and outside. Here the blog got a very imprecise positio...

Financial Control Procedures:              Finance is the back bone of a business. Every business wants a very effective and efficient control over its operational activities. Controlling business operations need abilities and skills to achieve the targeted goals and objective through controlling activities. These controlling activities ensure the perfection and well management in business operations. Business Organizations running their operations under some procedures or rules and regulations. Professionally as business executives and business managers or directors we know these activities as SOP- Standing Order Procedures . Which defines some protocols or line of orders to make a chain of command to complete the activities in a very effective and efficient way. When a business organization follow these controlling activities or procedural orders that’s helps them to manage their risk and reduce it, its helps them to use their asse...