RTS Pakistan

How to Listen to Non-Captivating Speakers

How to Listen to Non-Captivating Speakers Stay Open-Minded: Approach the situation with an open mind. Sometimes, what may seem tedious at first might have valuable insights if you’re willing to give it a chance. Set an Intention: Decide on a specific goal for listening to the speaker. This could be to find at least one […]

Eid-e-Ghadeer: The Greatest Day of the Year

Eid-e-Ghadeer: The Greatest Day of the Year Eid-e-Ghadeer is one of the most important holidays in the Shia Muslim calendar. It commemorates the event of Ghadir Khumm when the Prophet Muhammad (peace be upon him and his family) is said to have appointed Ali ibn Abi Talib as his successor. The event of Ghadir Khumm […]

Fitra

FITRA GUIDE: Karachi, April 2023. Ramazan ul Mubarak 1444 H Fitra is a Wajib (obligatory) Zakat. Fitra per person is calculated as the cost of 3 kgs of any one of the listed commodities, of quality according to your lifestyle. The prevailing rates for reasonable quality, of some of these commodities are given below: Flour […]

Everything You Need to Know About Velocity Banking

Everything You Need to Know About Velocity Banking Do you want to know how to make more money with your current income? If so, you need to learn about velocity banking. It is a method of financial organization that can help you make the most of your money. It can help you reduce/pay off your […]

FINANCIAL WISDOM BEHIND PROHIBITION OF INTEREST

It must be kept in mind that it is not only Islam that prohibits interest but all revealed divine religions and famous societal thinkers condemned the charging of interest. All Divine Religions Abhor Riba The reasons why all divine religions, especially Islam, have given such severe verdict against Riba are that the basic teachings of […]

List of Directors Bank Letter

List of Directors/Partners Bank Letter must be printed on Company LetterHead and Stamped and signed by all Directors/Partners of the Company. This letter can be used for Private Limited Company, Partnership, & Sole Prioperitorship with the little amendments in the company section and replace Directors with Partners/Entrepreneur. LIST OF DIRECTORS/PARTNERS “Name of Bank” Bank Limited […]

Bank Signing Authority Company Letter

Bank Account Signing Authority Company Letter must be printed on Company LetterHead and Stamped and signed by all Directors of the Company. This letter can be used for Private Limited Company, Partnership, & Sole Prioperitorship with the little amendments in the company section and replace Directors with Partners/Entrepreneur. Bank Signing Authority Company Letter CERTIFIED TRUE […]

FUNCTIONS OF MANAGEMENT

Functions of Management

Management An organized group of activities is called Management, which is One of the most essential aspects of the economic life of humans. In the modern social organization, management is considered an essential institution. When efforts of humans are carried out cooperatively to satisfy the needs through productive activities, professional or occupation is either one […]

Treatment of Financial Assets

Treatment of Financial Assets

Treatment of Financial Assets in accordance with US GAAP and IFRS Standards A liquid asset that’s value acquires from an ownership claim or contractual right is called financial asset. For example: Cash Stocks Bonds Mutual Funds Bank Deposits It is not necessary for financial assets to have inherent physical form or even physical worth like […]

Analyze Financial Statements

Analyze Financial Statement

How would you Analyze the Financial Statements of a firm? Explain each step thoroughly: To make better economic decisions, the process to review and analyze financial statements of any company is called financial statement analysis or financial analysis. Financial statement analysis asses the financial performance and health of the company by analyzing financial statements including: […]