CTN PRESS

CTN PRESS

NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY

RESPONSIBILITIES OF FINANCIAL MANAGEMENT DEPARTMENT

RESPONSIBILITIES OF FINANCIAL MANAGEMENT DEPARTMENT The Financial Management Department plays a critical role in ensuring the financial stability and success of an organization. Some of the key responsibilities of the department may include: 1. Budgeting: The financial management department is responsible for preparing and managing the organization’s budget. This involves forecasting revenue and expenses, setting

RESPONSIBILITIES OF FINANCIAL MANAGEMENT DEPARTMENT Read More »

SIGNIFICANCE OF FINANCE IN THE OPERATION OF A PROFITABLE BUSINESS

SIGNIFICANCE OF FINANCE IN THE OPERATION OF A PROFITABLE BUSINESS Finance is a fundamental aspect of running a profitable business. It refers to the management of money, investments, and other financial resources to maximize profits and minimize losses. Finance has several critical roles in ensuring the success of a business, including: Investment: Finance plays a

SIGNIFICANCE OF FINANCE IN THE OPERATION OF A PROFITABLE BUSINESS Read More »

REAL VS FINANCIAL ASSETS | MEANING | DIFFERENCES

REAL VS FINANCIAL ASSETS | MEANING | DIFFERENCES Real and financial assets are two types of assets that are distinguished by their characteristics, uses, and values. Understanding the differences between these two types of assets can help individuals and businesses make more informed investment decisions and manage their assets more effectively. Real Assets: Real assets

REAL VS FINANCIAL ASSETS | MEANING | DIFFERENCES Read More »

THE DIFFERENCE BETWEEN A QUANTITY SURVEYOR AND A VALUER

THE DIFFERENCE BETWEEN A QUANTITY SURVEYOR AND A VALUER A Quantity Surveyor and a Valuer are both professionals in the field of construction, but they have different roles and responsibilities. A Quantity Surveyor is responsible for managing the costs and finances of a construction project. They prepare bills of quantities, tender documents, and cost estimates.

THE DIFFERENCE BETWEEN A QUANTITY SURVEYOR AND A VALUER Read More »

FINANCIAL ASSETS AND THEIR VALUATION

  FINANCIAL ASSETS AND THEIR VALUATION Financial assets are instruments that represent a claim on an entity’s assets, income or cash flows. Examples of financial assets include stocks, bonds, mutual funds, exchange-traded funds (ETFs), and derivatives. Valuing financial assets is important for investors because it helps them determine whether the asset is undervalued, overvalued or

FINANCIAL ASSETS AND THEIR VALUATION Read More »

HOW TECHNOLOGY IS REDEFINING PLANT AND MACHINERY VALUATION

HOW TECHNOLOGY IS REDEFINING PLANT AND MACHINERY VALUATION Plant and machinery valuation is an important aspect of many industries, from manufacturing to construction to agriculture. It involves determining the value of equipment, machinery, and other assets that are used in the production of goods and services. Accurate plant and machinery valuation is crucial for a

HOW TECHNOLOGY IS REDEFINING PLANT AND MACHINERY VALUATION Read More »

APPRAISAL OF MACHINERY AND EQUIPMENT

APPRAISAL OF MACHINERY AND EQUIPMENT Appraising machinery and equipment is an essential part of many industries, including manufacturing, construction, and agriculture. The appraisal process involves determining the value of these assets, which can help businesses make informed decisions about buying, selling, insuring, or financing machinery and equipment. In this article, we will discuss the various

APPRAISAL OF MACHINERY AND EQUIPMENT Read More »

COVERAGE UNDER PLANT & MACHINERY INSURANCE POLICY

COVERAGE UNDER PLANT & MACHINERY INSURANCE POLICY Plant and Machinery Insurance policy typically provides coverage for physical loss or damage to various types of machinery and equipment used in businesses, such as factories, workshops, and manufacturing facilities. The coverage may include: Accidental damage: The policy typically covers accidental damage to plant and machinery caused by

COVERAGE UNDER PLANT & MACHINERY INSURANCE POLICY Read More »

error: Content is protected !!
Scroll to Top