Wednesday, February 27, 2019

Finance

Finance

Finance is a term for matters regarding the management, creation, and study of money, investments, and other financial instruments.
It is defined as money required for start of business or support of business.
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Ethical Issues

They are involved in management functions at finance institute and banks.They are required to upload the highest ethical standards because internal and external stakeholders are completely dependent on transparent.
Financial document to make decisions are:-
  • Accuracy
  • Integrity
  • Transparency
  • Timeliness

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  Unethical Issues


It is at lower level in MNCs and public limited companies.

Some of the unethical in practices in accounting and financing are:-

  • Not promote sale tax, custom duty,PF, ESI.
  • Cheating employees of their dues towards leave travel assistance, children education fees etc. 

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