What is meant by ‘net of’ in accounting or tax and other business related subjects?
The expression ‘net of’ represents the exclusion of something from a particular sum. For example net of tax means the resultant amount which is exclusive of tax or in other words the amount we get after deducting tax is net of tax amount. We can see its uses in wide variety of ways in accounting […]
What is Two-factor theory of motivation?
Two-factor theory of motivation was proposed by Fredrick Herzberg. This theory is also well known with Herzberg’s motivation-hygiene theory. Herzberg suggested that the factors that make employees satisfied are different from the factors that make employees dissatisfied. To some it might be illogical as many believe that if factors that cause dissatisfaction are removed then […]
What is the difference between Intrinsic and Extrinsic rewards?
Division of rewards into two types was recognized for the the first time after Herzberg’s Two-Factors Theory. According to this theory the reasons for employees getting satisfied is one set of factors whereas the reasons for getting employees getting dissatisfied is just another set of factors. If we study the theory deeply we will understand […]
What is Matrix Organization?
There are many ways in which organizations reporting lines can be structured. Matrix organization is an organization which basically employs matrix management in its core structure. However, students must not confuse matrix organizations with matrix management as organizations can have matrix management system in place even if the organizational structure is not matrix based. The […]
Can we sit T5 T6 and T7 as CBE papers under transitional arrangement?
As CAT qualification is under a transition and all the CAT students will be transferred to new suit of qualifications Foundations in Accountancy FIA by ACCA, for this ACCA has arranged transitional arrangements for FIA students, MSER students and existing CAT students. Because of this transition existing CAT students are offered special option that they […]
