Before we start we must understand the meaning of Silo – A silo is the on-site storage container that allows for the storage and distribution of different raw materials and finished products. There is a gross doubt across cement industry whether to avail & utilise GST– ITC paid for the construction of civil portion of […]
Manpower is the one of the most important factor to run any industry. Every sector whether it is manufacturing or servicing needs manpower for its smooth functioning. The Organisation hires contractual workers for its different functions like security services, construction work etc. In this article, we will discuss how an auditor should review an entity’s contracts with vendors related to manpower supply.
Before we start any discussion about the topic, the first thing that we should be aware of – What is Treasury? In simple language treasury is a fund or revenue of an organisation. Thus, Treasury Management of an entity basically consists management of its cash flows, its banking,
