Off balance sheet usually means an asset or a debt or an activity that finances the company and does not appear in the balance sheet. It involves a lease or a separate subsidiary or...

The paper is about importance of decision usefulness in the production of accounting information to ensure accounts show a ‘true and fair’ view of the operations of a company.

Off balance sheet finance can be describes as a way of accounting items in the financial statements where assets, debts and other financing activities are found to be excluded from...

The revenue recognition requirements given in the generally accepted accounting principles are different from those in the international financial reporting standards.

The paper has annalyzed two types of audits that is; statutory audits and forensic accounting.It has also clearly pointed how each of them differs from the other.

The paper has discussed on what is Auditing.It has also outlined the importance of auditing in an organisation.