NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
DIRECT AND INDIRECT EXPENSES- ALL YOU NEED TO KNOW DIRECT EXPENSES A direct expense is an expense that is related to the purchase of products. Many companies are in the trade for resale, and they have to buy bulk stock to operate. Direct expenses would refer to anything that is related to what you have […]
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THINGS TO CHECK BEFORE REGISTERING YOUR PROPERTY Investing in a home almost always requires financial commitments that can continue for at least a couple of decades. Considering the magnitude of the commitment, it is critical that the decision must be safeguarded by the meticulous maintenance of records pertaining to the property in question. In order
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FACTORS THAT DETERMINE PROPERTY REGISTRATION OR LAND CHARGES New Property or Old Property: The type of property you want to register determines the property registration fees. Generally, you will be paying a high registration fee to get a brand new property registered. This makes sense as the registration fee is a percentage of your total property
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POWER OF ATTORNEY AND ITS TYPES-ALL YOU NEED TO KNOW Power of Attorney Act 1882, power of attorney includes any instrument empowering a specified person to act for and in the name of the person executing it. Power of Attorney is very well known as Power of Attorney or Power of Authority which is the authority to
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PROFITABILITY INDEX-ALL YOU NEED TO KNOW The profitability index measures the monetary benefits (i.e. cash inflows) received for each dollar invested (i.e. cash outflow), with the cash flows discounted back to the present date. More specifically, the profitability index ratio compares the present value (PV) of future cash flows received from a project to the
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MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION ALL YOU NEED TO KNOW DEFINITION OF MEMORANDUM OF ASSOCIATION Memorandum of Association refers to a fundamental public charter that encloses particulars needed at the time of incorporation. Presently, MOA acts as a mandatory requirement for incorporation in India. At the time of the company’s incorporation, it needs
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REPO RATE AND REVERSE REPO RATE REPO RATE When commercial banks approach the Reserve Bank of India for funds, they’re charged a certain amount of interest. The rate at which RBI lends these finances to commercial banks is called the repo rate. In this case, a repurchasing agreement is signed by both parties, stating that the
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Meaning, Methods of Calculating the Depreciation What Is Depreciation? Depreciation is the reduction in the value of assets due to wear and tear. Every asset is subject to wear and tear in the ordinary course of its use and also with the passage of time. The cost of the asset is allocated over time and
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How to Calculate Straight Line Depreciation? Why use the straight-line method of depreciation? It represents the depreciation expense evenly over the estimated full life of a fixed asset. You can use a basic straight-line depreciation formula to calculate this, too. Let’s break down how you can calculate straight-line depreciation step-by-step. We’ll use an office copier
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RESIDUAL INCOME VALUATION-ALL YOU NEED TO KNOW Residual income valuation (also known as residual income model or residual income method) is an equity valuation method that is based on the idea that the value of a company’s stock equals the present value of future residual incomes discounted at the appropriate cost of equity. RESIDUAL INCOME= NET
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DIFFERENCE BETWEEN SALE AND LEASE DEFINITION OF SALE A standard sales agreement, also called a purchase contract, are the terms by which two parties–a buyer and seller–agree to transfer ownership of property. The key components are identification of the property, the sales price and the timeline. Before the sale is finalized, the contingencies are also
VOID AND VOIDABLE CONTRACT The law relating to contracts in India is governed by The Indian Contract Act, 1872. However the Contract Act does not purport to codify the entire law relating to contracts, the Act also specifically preserves any usage or custom of the trade or any incident of any contract not inconsistent with
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