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Definition and Explanation The book in which accounts are maintained is called a ledger. Generally, one account is open on each page of this book, but if transactions relating to a particular account are numerous, it may extend to more than one page. Ledger is known as the destination of entries in journal but it … Read more
Description: Students find themselves stuck with home assignments on a regular basis. Check out the main options to get help with homework offered in the article. Who Can Help Students with Homework? We all know that students commonly face a lot of impediments. Sometimes even non-academic reasons lead to academic failure. Many students cannot cope … Read more
What are books of original entry? Books of original entry are where transactions are first entered into the system; from these books the entries are then transferred into the ledger account. The main books of original entry are: Sales Day Book: It records the day to day sales invoices to customers and VAT amount. Sales … Read more
A double entry principle states that for every debit entry there must be a corresponding credit entry. This is the major reason why its ledger account has both a debit and credit side. Each firm keeping books must have a debit and credit recorded at the time the transaction take place. Therefore the double entry … Read more
Definition and Explanation of Revenue Expenditures Revenue expenditures are expenses which are incurred in the day to day conduct and administration of business and the effect which is completely exhausted within the current accounting year. These expenditures are recurrent by nature i.e. which are incurred for meeting day to day requirement of a business and … Read more
Historical Perspective of Accounting In 1494, an Italian Monks and Mathematicians by name “Luca Pacioil” was the first to lay the foundation of the Double entry principle. This was done in his book title “Summa de Arithmetical Geometria et proportionalita”. The book contained a section on double entry principle. In 1504, a section of the … Read more
The non-bank financial institutions also known as other financial institutions are those institutions apart from banks that help to perform the role of financial intermediation. They collect funds from the surplus unit under various tithes, and go ahead to make funds available to the investors who have need for such funds. These institutions are as … Read more
Bank services are divided into two: Corporate Services of Banks Capital Market operation: Company flotation and rotation, breakage activities registrars of company and trustees, issuing house activities Mergers and acquisitions Re-organisation and turn around operation Capital restructuring Project financing Investment Management Portfolio Investment trust Unit trust Loan syndication Debt factoring Banking Services Includes Acceptances of … Read more
Commercial Bank balance sheet structure This represents a statement of the financial position of the bank on a given date. It contains information relating to the Bank asset holding, liabilities and owner supplied capital, asset represents the resources used by the bank. The liabilities and owner’s equity indicate how those resources are financed. Example of … Read more
The Central Bank of Nigeria The central bank of Nigeria is the principal regulator and supervision of the entire Nigerian financial system. It establishment dates back to 1958 under the CBN act of 1958 and started operation in 1st July 1959. It establishment came as a result of nationalism. Before its establishment the role of … Read more
Money is defined as anything that is generally accepted as a medium of exchange (i.e. means of transferring ownership of goods and services from one person to the other) Origin of Money Money has a long history; various items have been used as money at different period and in different places, e.g. shells, animals, elephant … Read more
Description: A lot of students attend college after high school. Check out the main benefits of why not going to college is actually a good idea. Meet the Key Benefits of Not Earning a College Degree Let’s face it – the majority of students attend college only because they think this is the step that … Read more
Expression of Interest (EOI) Consultancy for Training of hotel managers as well as restaurant and guesthouse owners on health and safety Cosoft: 83412183 Introduction The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is a federally owned international cooperation enterprise for sustainable development with worldwide operations. GIZ has worked in Rwanda for over 30 years. The primary … Read more
Expression of Interest (EOI) CONSULTANCY FOR ICGLR GUIDELINE REVIEW Cosoft: 83412191 Background The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is a federally owned international cooperation enterprise for sustainable development with worldwide operations. GIZ has worked in Rwanda for over 30 years. The primary objectives between the Government of Rwanda and the Federal Republic of Germany … Read more
Accountant Job Description We are looking for an Accountant who would be ultimately responsible for the financial health of our organization. Your main role would be producing Monthly, Quarterly and Annual financial reports and preparing financial analysis to guide management to make sound business decisions in the long and short term. You will prepare financial … Read more
Nyamagabe District Tel: 0788840755 Email: determinedyouthbiocoor@gmail.com www.biocoor.rw JOB TITLE: FINANCE ASSISTANT (1) ORGANIZATION BACKGROUND The Biodiversity Conservation Organization (BIOCOOR) is a legally registered Non Government Organization in Rwanda with the Legal Personality N° 777/RGB/NGO/LP/11/2021. BIOCOOR has been created mainly by young people dedicated to act and to advocate for biodiversity conservation, ecotourism promotion, community health, environmental management, … Read more
Sundry Foods Limited – We are a food services company in Nigeria and have been in business since 2004. What started as a simple need to make great-tasting, healthy food accessible to all who want it at a price they can afford, has today grown too close to a 150 branches of food service brands … Read more
Rwanda is among eight pilot countries selected in January 2007 to implement the One UN Reform , which enables the UN System to provide a more effective and coherent response to the needs of the Government of Rwanda and its Development Partners. As part of the UN Country Team, UNDP works with other sister agencies … Read more
Africa Healthcare Network is the first and largest dialysis chain across Sub-Saharan Africa, providing high-quality dialysis at an affordable cost Dialysis Center Manager Location: Rwanda. 2 Positions. Job Summary: Africa Healthcare Network (AHN) is building the first dialysis chain across East Africa, providing high-quality, life-saving dialysis at an affordable cost to both the local patient … Read more
Expertise France is the French international technical expertise agency. Its mission is to participate in France’s policy of international cooperation, development aid and economic influence, by responding to the growing demand for expertise from developing countries and emerging countries to build public policies, taking into consideration their institutional, economic, demographic, social and environmental challenges. Job … Read more
Expertise France is the French international technical expertise agency. Its mission is to participate in France’s policy of international cooperation, development aid and economic influence, by responding to the growing demand for expertise from developing countries and emerging countries to build public policies, taking into consideration their institutional, economic, demographic, social and environmental challenges. Job … Read more
Expertise France is the French international technical expertise agency. Its mission is to participate in France’s policy of international cooperation, development aid and economic influence, by responding to the growing demand for expertise from developing countries and emerging countries to build public policies, taking into consideration their institutional, economic, demographic, social and environmental challenges. Job … Read more
Expertise France is the French international technical expertise agency. Its mission is to participate in France’s policy of international cooperation, development aid and economic influence, by responding to the growing demand for expertise from developing countries and emerging countries to build public policies, taking into consideration their institutional, economic, demographic, social and environmental challenges. Job … Read more
Expertise France is the French international technical expertise agency. Its mission is to participate in France’s policy of international cooperation, development aid and economic influence, by responding to the growing demand for expertise from developing countries and emerging countries to build public policies, taking into consideration their institutional, economic, demographic, social and environmental challenges. Job … Read more