3 stages of money laundering describe the activities and the process, how a criminal organization performs series of activities to make the illegal money look clean. As the entire process is illegal and punishable in almost every country of the world. So, in this blog, we will explain how the process usually takes place and how the world started initiated to make all these 3 stages of money laundering illegal.
Internal control definition symbolizes the plan or methods used to check the accuracy, safeguard the assets, encourgae adherence to prescribed management policies and operational efficiency of the organisation. In addition it is the integral part of internal control system which has few objectives, advantages and disadvantages as discussed.
Compensation Mgmt is a systematic design which is used by organizations to analysis, evaluate jobs and design the pay structure of an organization. They main fouse is to find the correct balance between company cost and the motivation of employees. So, in this blog we will discuss its components, types, objectives, process and benefits.
Prime Brokers basically refers to large bank or investment company providing services to hedge funds like risk management, settlements etc. The prime brokerage agrreent happens with the helps of prime brokers for which they charge fees. Also, there are some roles and services of prime brokers that are discussed.
Computerized Inventory Software is reffered to system which manages the inventory system easily. In this blog we will discuss the inventory management system, warehouse management, advantages, disadvantages and software examples
Posting accounting definition explains the recording of the double-entry transaction that is first noted in the form of a journal entry and then posted again in respective ledger accounts or sub-ledgers. However, there are certain rules and format that needs to be followed which is explained with a help of an example.
Marketing info management definition includes a role of marketing information system which provides a system to store all data. However, the marketing information management function has a broader concept to make decisions of the market research organised by the company. It includes distributing the information to the marketers. So that they can make future strategies and reduce mistakes to earn profits or reduce risk.
Data warehouse vs data mart are two different topics as data mart is a subset of the data warehouse. It divides them into small units which are called data marts. So, in this blog, we will understand what is data warehouse whole it is different from other terms like database, data mart, data lake.
Voidable contract examples refers to the valid contract which gets rejected at the option of aggrieved party. There is a mutual agreement between the parties which is enforceable by law but stand voidable on grounds of misrepresentation, fraud, coercion, mistake etc. however, it depends on the unbound party to decide at the point whether to make the contract voidable or fulfil the contract obligations by noting on specified issues.
Tax shield approach is termed as the deduction that a business or a corporation can make in its taxable income to reduce their tax burden/obligation. This activity can be achieved by using various expenses like medical, interest, depreciation etc that are tax-deductible. They impact the profits or net income which decreases the tax liability.
Human resource branding is about how the company’s current or future or potential employees think about the company as an employer. So, here in this blog, we will discuss about employer, employee branding- ideas, strategies, process, importance and examples of HR branding
Minimum balance definition is termed as the least amount that is required to maintain or hold an account by a customer in a bank. However, there are ways available to avoid this condition like student account, zero balance accounts etc. the minimum balances helps the client’s to receive certain benefits like receiving interest, open an account, keep it active etc.