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INDIAN INSTITUTE OF SCIENCE FINANCE AND ACCOUNTS BANGALORE 560 012Telephone Telefax Email: 22932250/2207/2797 : 9108023602324 : FC×admin.disc. Ernest.in(For any clarifications/information, please

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What is finance and accounts?

Finance and accounts refer to the management of money and financial activities within a business, including budgeting, forecasting, financial reporting, and tracking revenues and expenses.

Who is required to file finance and accounts?

All businesses, whether small or large, are required to file finance and accounts in order to comply with financial regulations and to provide transparency to stakeholders.

How to fill out finance and accounts?

Finance and accounts can be filled out by keeping accurate records of all financial transactions, including income, expenses, assets, and liabilities. These records are then used to prepare financial statements such as balance sheets, income statements, and cash flow statements.

What is the purpose of finance and accounts?

The purpose of finance and accounts is to track and manage the financial health of a business, make informed decisions based on financial data, and comply with regulatory requirements.

What information must be reported on finance and accounts?

Finance and accounts must include details of all income, expenses, assets, liabilities, and equity of the business, as well as any financial transactions undertaken during the reporting period.

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