Definition
Supply Chain Management (SCM)
Supply Chain Management (SCM) is the comprehensive management of sourcing raw materials, product development, production process, logistics, distribution channel along with the information and
Definition
Definition
EPC Contract
EPC stands for ‘Engineering, Procurement and Construction’. Engineering, Procurement and Construction Contract or EPC contract is a type of construction contract between parties where
Definition
Earnings Per Share – EPS
Earnings per share (EPS) is the part of a company’s net profit obtained by each outstanding share of common stock. Earnings per share
Definition
Accounting infrastructure
Accounting Infrastructure is a set of systems and conventions that directs the functional accounting practice of an enterprise or a professional body under a
Definition
EBITDA
EBITDA stands for Earnings before Interest, Taxes, Depreciation, and Amortization. It refers to the earnings of a company before interest, taxes, depreciation, and amortization
Definition
EBIT margin
The EBIT margin is a financial ratio that measures the profitability of a company calculated without taking into account the effect of interest and
Definition
Accelerated depreciation
Accelerated depreciation method is a depreciation method that charges major portion of the cost of assets in earlier years and minor portion in later
Definition
What is Limited Audit?
An audit that is limited to a particular time span (usually less than a year) or accounts or operation is known as limited audit.
Definition
Normal Spoilage
Normal spoilage is the unavoidable part of spoilage occurs in a production process. It will occur even the production process is operated with the
Definition
Alien insurance company
An Alien Insurance Company is an insurer that has incorporated or formed in one country and provides its service to another country. An alien