Finance Prasentation

8/14/2019 Finance Prasentation

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PROJECT ONWEIGHTAGE OF DISCIPLINE IN CORPORATE


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Uday singh Shodhan shetty Pranab r. singh

Prabhat kr. Gupta Siddharth dixit Yashovardhan singh Shailesh kr. Tiwari (Leader)

Team membersTeam members


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Discipline is the force that promotesindividuals or groups to observe rules ,regulations ,standards & procedurenecessary for an organization.

Therefore discipline means securingconsistent behavior in accordance withthe accepted norms of behavior. It impliesthe absence of chaos, irregularity &

confusion in the behavior of workers.

WHAT IS DISCIPLINEWHAT IS DISCIPLINE


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We know that to maintain rules & regulations & towork in proper way ,we require discipline. Withoutdiscipline there will be chaos & disorder .Whichultimately results in failure of Company. For e.g.(Satyam inc.) ,so Discipline helps in following

area:- Maintain Rules & Regulations. Maintain Punctuality. Good relationship among Employees Good relationship between superior & subordinates. Create Goodwill.

And ultimately all thesethings will help to achieve the higher profits fororganizations

DISCIPLINE IN CORPORATEDISCIPLINE IN CORPORATEWORLDWORLD


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Discipline is the life Blood for anyorganization. It create wonders if company,person and groups follows it.

Corporate follows disciplinary

norms from two perspectives.:-Rules & Regulations provided by Government

& S.E.B.I . Which is mandatory to follow each.:-Other then , Every Company has their own

policy.

HOW DISCIPLINE WORKHOW DISCIPLINE WORK


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Corporate governance deals with thecomplex set of relationship betweencorporation and its board of directors,management ,share holder & other

stakeholders. PRINCIPLE:-

a)Right and equitable treatment ofshareholders.

b)Interest of other stakeholders.c)Role and responsibility of board.d)Integrity and ethical behavior.e)Disclosure and transparency.

THE ROLE OF CORPORATETHE ROLE OF CORPORATEGOVERNANCEGOVERNANCE


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Generally accepted accounting principleincludes the standards, conventions, and rulesaccountants follow in recording and summarizingtransactions, and in the preparation of financialstatements.

Financial accounting is information that must beassembled and reported objectively. Third-partieswho must rely on such information have a right tobe assured that the data are free from bias and

inconsistency, whether deliberate or not. For thisreason, financial accounting relies on certainstandards or guides that are called "GenerallyAccepted Accounting Principles" (GAAP).

GAAPGAAP


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IF any company breaches disciplinarynorms the SEBI takes action as per aboveadv.

1. Unfair trade practices like

misrepresentation of accounting statementthe consequences could be 25 crorepenalty ,ban on participating to promote anycompany & under criminal prosecution jail up

to 10 year.

EXAMPLE: SATYAMEXAMPLE: SATYAM


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:-Minimize Conflict . :-Increase goodwill.

:-Increase profit margin. :-Punctuality. :-Time saving. :-Good relationship between employees and

management. Ensures better future prospective.

ADVANTAGES OFADVANTAGES OFDISCIPLINEDISCIPLINE


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:-Decrease Autonomy at workplace.:-Decrease the creativity of workers.

:-Biased.:-Decrease employees loyalty.

IMPACT OF INDISCIPLINEIMPACT OF INDISCIPLINE


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As per our entire discussion we come on thisconclusion that discipline is a most importantthing. If we follow it properly or not follow it, inthe both cases it will give surprising result but

one will be positive and another one will benegative. And when we talk about corporate world ,

discipline have a very important placebecause discipline allow them to work properlyand this increase productivity which ultimatelywill be beneficial for the organization.

CONCLUSIONCONCLUSION


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YOU TUBE Prof. H. MURALIDHARAN Prof. NARAYAN SIR BY SENIORS google

REFRENCEREFRENCE


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Thanks for your ParticipationThanks for your Participation

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Finance Prasentation