Management

Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively.

Statutory Accounting Principles - SAP

A set of accounting regulations prescribed by the National Association of Insurance Commissioners for the preparation of an insuring firm's financial statements. Filings prepared using SAP are submitted to individual state regulatory bodies; SAP are regarded as more regulatory and conservative than the GAAP method of preparing financial statements.

'Cost Accounting'

A type of accounting process that aims to capture a company's costs of production by assessing the input costs of each step of production as well as fixed costs such as depreciation of capital equipment. Cost accounting will first measure and record these costs individually, then compare input results to output or actual results to aid company management in measuring financial performance. Read more: http://www.investopedia.com/terms/c/cost-accounting.asp#ixzz26Vv43MnG

Management accounting

Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions.

Accounting

The systematic recording, reporting, and analysis of financial transactions of a business. The person in charge of accounting is known as an accountant, and this individual is typically required to follow a set of rules and regulations, such as the Generally Accepted Accounting Principles. Accounting allows a company to analyze the financial performance of the business, and look at statistics such as net profit. Read more: http://www.investorwords.com/48/accounting.html#ixzz26Vu5Meo4

Geotourism

ump to: navigation, search Geotourism (from “geographical character”): is defined as tourism that sustains or enhances the geographical character of a place—its environment, culture, aesthetics, heritage, and the well-being of its residents. The concept was introduced publicly in a 2002 report by the Travel Industry Association of America and National Geographic Traveler magazine. National Geographic senior editor Jonathan B. Tourtellot and his wife, Sally Bensusen, coined the term in 1997 in response to requests for a term and concept more encompassing than “ecotourism” and “sustainable tourism.” Like true ecotourism, geotourism promotes a virtuous circle whereby tourism revenues provide a local incentive to protect what tourists are coming to see, but extends the principle beyond nature and ecology to incorporate all characteristics that contribute to “sense of place”—historic structures, living and traditional culture, landscapes, cuisine, arts and artisanry, as well as local flora and fauna. Geotourism incorporates sustainability principles, but in addition to the do-no-harm ethic, geotourism focuses on the place as a whole

Kettuvallam Tourism

Kettuvallam is a house boat widely used in the Indian state of Kerala. These have thatched roof covers over wooden hulls. In the Malayalam language "kettu" means "to tie" and “vallam” means boat – the two together make the local name "kettuvallam”. Each houseboat is constructed using the ancient principles and techniques of boat building by the local carpenters using 'Anjili' wood. Coir ropes are used for fastening the wooden planks together.Kettuvallams are huge, slow moving, exotic barges designed for sheer leisure trips. Formerly, Kettuvallams were used to ship rice and spices and other goods between Kuttanad and the Cochin port. It was a three-day affair those days. A standard Kettuvallams, which could be about 100 feet long, can hold up to 30 tons, and that is as much as three big lorries can.A Kettuvallams (which is made of hundreds of fine but heavy-duty planks of jack-wood) is held together absolutely by coir knots (not a single nail is used). KETTU means knot. This framework is then coated with a caustic black resin extracted from boiled cashew kernels. And it lasts for generations. All these "Kettuvalloms" are being made of wood, bamboo mats, bamboo poles, coir ropes and coir mats etc