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What is the responsibility of independent auditors?
The primary objective of independent auditors are rendering opinion report on the financial statement that is the responsibility of client management. The main reason auditors need to be independent are to provide credentional for the client prepared financial statements. Therefore, the users (Bankers, Investers and third party) of the financial statement can have unbiased information about the client financial Statements.
Bank reconciliation statement is prepared by?
bankers
What is British Bankers' Association's motto?
British Bankers' Association's motto is 'The voice of banking & financial services'.
What is the purpose of the Institute of Bankers?
The Institute of Bankers was founded with one goal or purpose in mind. The IOB's goal was a professional body to educate bankers and financial service practitioners in Ireland.
Why do bankers use spreadsheets?
Well, isn't that just a happy little question! Bankers use spreadsheets because they are wonderful tools for organizing and analyzing financial data. It helps them keep track of transactions, create budgets, and make important financial decisions with ease. Just like how a painter uses different brushes to create a beautiful masterpiece, bankers use spreadsheets to create a clear picture of their financial landscape.
What types of information about their businesses would owners be willing to provide bankers?
What type of information about a business would owners be willing to provide to bankers about al loan?
What type of information about a business would owners not be willing to provide to bankers about al loan?
What types of information about their businesses would owners be willing to provide bankers
Why Bankers algorithm to avoid deadlock is called so?
It is called that so that the algorithm will prevent such a financial situation.
What does Bba Od NP mean on bank statement?
"BBA OD NP" on a bank statement typically stands for "Bankers' Blanket Agreement Overdraft Non-Personal." It indicates an overdraft transaction related to a business or non-personal account, suggesting that the account has gone into overdraft under a blanket agreement, which is a type of arrangement for managing overdrafts for businesses. If you have further questions about specific transactions, it's best to contact your bank for detailed information.
How does accounting benefit a business?
1. Accounting helps to manage the financial records of a business in an organized manner 2. Financial transactions can be retrieved easily 3. Profit and loss can be tracked in a simpler way 4. Provide accurate information to investors, bankers and other business authorities
Why did global financial crisis start?
because bankers are DUMBASS's and screw up everyones lifes and money issues
Importance of computer in banking?
Computers help bankers manager their customer's money. They allow bankers to update deposits, contact information and loan details with ease.
