Accounts
This query is : Resolved
11 July 2013
Can anyone please tell me the difference between actual and estimated balance sheet?
11 July 2013
Actual means in practical, factually,as it is, realfigures.
ESTIMATED MEANS just a probable figures after management makes assumption.
ESTIMATED MEANS just a probable figures after management makes assumption.
11 July 2013
then that means provisional balanse sheet comes after estimated bs
11 July 2013
Proviosnal is same as estimated bal sheet.
11 July 2013
i have noticed during concuurent audit that clients make provisional as well as estimated bs?
at the time of taking a loan why there is a need of financial report of borrower when we have its firm's financial statement when acting as a sole properietor
at the time of taking a loan why there is a need of financial report of borrower when we have its firm's financial statement when acting as a sole properietor
11 July 2013
Because loan provider needs financial basis of buyer of loan for that actual, estimated etc bal sheet is asked for further ratio analysis and other requirement.
11 July 2013
doing articleship from indore in a finance field is good or going outside
11 July 2013
it depends on client the firm handles ...wheher its indore or mumbai,he type of work assigned to firm, the number of partners they have, establishment of firm in business ...these are some main factors to be considered before joinning.
These are some of them in my view there may be many more depending on ur skill to ask them.
These are some of them in my view there may be many more depending on ur skill to ask them.
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