NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
DIFFERENCE BETWEEN MERGER AND AMALGAMATION Merger: Most companies are restructured through mergers and acquisitions. Although these terms are often used together or interchangeably, they are actually not the same thing. Mergers and acquisitions both expand the business externally. For example, when a business buys an existing business and instantly grows in size, increases its production levels, and […]
MERGER AND AMALGAMATION Read More »
DUMPY LEVEL SURVEY- ALL YOU NEED TO KNOW Dumpy level is commonly used leveling instrument to locate the points in same horizontal plane. It is also called as automatic level or builder’s level. Elevations of different points and distance between the points of same elevation can be determined by dumpy level. The telescope is fixed
DUMPY LEVEL SURVEY- ALL YOU NEED TO KNOW Read More »
LIABILITIES IN ACCOUNTING – ALL YOU NEED TO KNOW The definition of liability in financial accounting is a business’s financial responsibilities. A common liability for small businesses are accounts payable, or money owed to suppliers, according to Accounting Coach. Liabilities are found on a company’s balance sheet, a common financial statement generated through financial accounting software. They
LIABILITIES IN ACCOUNTING – ALL YOU NEED TO KNOW Read More »
INVESTMENT-MUTUAL FUND –ALL YOU NEED TO KNOW In order to have some effective in stock market, the tendency is now to form a group of persons and the to carry the business under a particular mutual fund scheme. Every persons ha to contribute for becoming a member of the group and the benefits realized are
INVESTMENT-MUTUAL FUND –ALL YOU NEED TO KNOW Read More »
PLANT AND MACHINERY VALUATION AND ITS IMPORTANCE Plant and machinery valuation refer to finding the market value of all plant and machinery assets used in manufacturing and distributing goods and services by a business. Businesses are constantly using plants and machinery. Therefore, a business needs to determine the price and establish a value to these fixed
PLANT AND MACHINERY VALUATION AND ITS IMPORTANCE Read More »
SOLENOID VALVES-ALL YOU NEED TO KNOW A solenoid valve is an on/off electromechanically operated valve which consists of an electromagnetic actuator (solenoid) and a valve body. The solenoid-plunger assembly is the valve actuator responsible for opening and closing the valve. This actuator can be arranged in such a way that the plunger action can either open or
SOLENOID VALVES-ALL YOU NEED TO KNOW Read More »
GRILLAGE FOUNDATION- ALL YOU NEED TO KNOW A grillage foundation made of two or more than two-tier beams placed at the right angle to disperse the load evenly over a large area. A foundation made of two or more than two-tier beams superimposed in a concrete layer to distribute the load over a large area
GRILLAGE FOUNDATION- ALL YOU NEED TO KNOW Read More »
CONSIGNMENT ACCOUNTING- ALL YOU NEED TO KNOW Consignment account is prepared to ascertain the profit earned or loss incurred by the consignor on a specific consignment. This account can be viewed as a combined trading and profit and loss account prepared specifically for consignment business. The nature of the consignment account is nominal which means it is
CONSIGNMENT ACCOUNTING- ALL YOU NEED TO KNOW Read More »
CONCEPT OF RIGHT OF COMPULSORY PURCHASE AND VALUE IN INDIA There exists a difference of opinion as to the nature of power of Eminent Domain, which is defined as the right or power of State to appropriate private property for particular uses for the purpose of promoting the public welfare. Some maintain that it is
CONCEPT OF RIGHT OF COMPULSORY PURCHASE AND VALUE IN INDIA Read More »
MEASUREMENT OF BUSINESS INCOME-ALL YOU NEED TO KNOW One of the most significant accounting concepts is “Concept of Income”. Similarly, measurement of a business income is also an important function of an accountant. In General term, payment received in lieu of services or goods are called income, for example, salary received by any employee is
MEASUREMENT OF BUSINESS INCOME-ALL YOU NEED TO KNOW Read More »
FACTORS AFFECTING CHANGES IN MARKET VALUE Having discussed that the market value of property depends on the forces of supply and demand, let us know summarize the various factor which might influence the changes in the market value of property. Following are such factors Changes in building technology :the improved building techniques will certainly result
FACTORS AFFECTING CHANGES IN MARKET VALUE Read More »
DIFFERENCE BETWEEN CORRELATION AND REGRESSION Correlation: Correlation is described as the analysis that informs users about the association or the absence of any relationship between any two variables ‘x’ and ‘y.’ The word correlation combines ‘Co’ (together) and relation (interaction/connection) in context to any two quantities. Correlation between two given variables exists when a unit change in any one
DIFFERENCE BETWEEN CORRELATION AND REGRESSION Read More »