Md Monirul Islam
The Bank Company Act, 1991, imposed some restrictions on the credit limit. While granting loans and advances, schedule bank should keep these limitations in consideration. Have a look at the limits mentioned below: (a) A bank can’t grant more than…
Md Monirul Islam
Ethics is an inevitable part of an organization. Without ethics, an organization may perform well in the short run but will suffer in the long run. So, to hold a sustainable position in the industry, a bank or a non-banking…
Md Monirul Islam
What is organizational ethics? Organizational ethics is defined as the application of moral standards to the situations in which the organization operates. Organizational ethics are developed over time and through custom. If a custom is adopted and accepted by an…
Md Monirul Islam
While accounting is an essential tool for tracking financial transactions and providing insights into a company’s financial health, it also has some limitations. Here are some of the limitations of accounting: 1) Historical data: Accounting records only historical data, which…
Md Monirul Islam
Ethics play a critical role in accounting practices as they help to ensure the accuracy, reliability, and integrity of financial reporting. Accounting professionals are responsible for maintaining the highest standards of ethics in their work, which includes adhering to ethical…
Md Monirul Islam
The accounting profession faces several challenges in today’s business environment. Some of these challenges include: 1) Technological advancements: The emergence of new technologies is rapidly changing the accounting profession. While technology can improve efficiency, accuracy, and productivity, it also requires…