OurMission and Vision

Our Vision

To implement accounting standards of credit open tuition bd at professional level  student in order to enhance the knowledge of global student and eventually to up-gradate the accounting and financial management of  international level.

What is Credit Rating? How is it different from auditing?

Credit Rating is an independent opinion on the ability and willingness of a borrower in discharging its obligations as principal and interest as per time schedule. These opinions are provided by the rating agencies that have a license from the regulatory body, Securities and Exchange Commission.

Auditing provides an opinion as to whether the books of accounts are maintained as per the accounting standard and how far the accounts reflect true and fair position of an organization on a particular date.

Who are the primary users of Credit Rating Services?

The rating service can be used by the following entities:

• 1.Banks
• 2.Financial Institutions such as leasing and house financing companies
• 3.Governments and Regulators
• 4.Financial Intermediaries/Merchant Banks/ Issue Managers
• 5.Loan syndicators
• 6.Business Houses
• 7.Corporate Entities
• 8.Investors

what are the benefits of credit reting

To the Ratings Entities

• Branding your organization with international standards
• Good rating will assist to source finance at cheaper rate while bad rating will assist an organization to take right step for improvement
• Know your business through the eye of independent professionals of high standard
• Increase cost effectiveness of an organization

What does Credit Rating actually mean?

Credit RatingRatings are the opinion of rating agencies on the creditworthiness of issuers or issues in terms of their/ its ability and willingness of discharging its obligations in timely manner. Ratings are issued on the basis of information supplied to CRISL by the issuer or its officials and also on the basis of information CRISL believes to be reliable.

Effect of revenue expenditure and correction

When revenue expenditure treated/recorded as capital expenditure the following error/effect  will incur

Asset           Expense          Profit

increase                           decrease                                     increase