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The imprest system is a form of financial accounting. The most common is petty cash . [ 1 ] The basic characteristic of an imprest system is that a fixed amount is reserved, which after a certain period or when circumstances require, because money was spent, will be replenished.
The auditors were paid by fees. This made the offices extremely profitable. [2] In 1703, the office had a salary of £300, but the fees were worth at least £700 more. [3] ...
None of the "firms" within the Big Four is actually a single firm; rather, they are professional services networks.Each is a network of firms, owned and managed independently, which have entered into agreements with the other member firms in the network to share a common name, brand, intellectual property, and quality standards.
Investment is traditionally defined as the "commitment of resources to achieve later benefits". If an investment involves money, then it can be defined as a "commitment of money to receive more money later".